Well I will take some personal credit in that I booked the rate 6 months to the day of fixed rate expiry noting things were only going to get worse.
Can’t really judge the decision until the end of the 5 years as rates may not go below but currently I’m up, although far from feeling it! My...
Well having recently taken a 5 year fix (3.91%) up from 1.73% I am £360 a month worse off so the **** in me would want to win and see interest rates dip to 3.92% at best for the next 5 years.
However having an appreciation of the wider impact on the base rate to everything else I hope it goes down.