I wonder how many people like me are going to be coming off low fixed rate mortgages in the near future and will see a massive increase in repayments. Is it going to be safer to go on to variable rate rather than fix again is a difficult choice right now
1.5 million people were due to remortgage in 2024, so that means hundreds of thousands of households are still to remortgage. Whether you choose to opt for a variable rate rather than a fix will depend on your view of interest rates, your finances and your desire for certainty. As you say it is not an easy decision. You may find this article useful moneytothemasses.com/owning-a-home/mortgages/should-you-fix-your-mortgage-now
