Unless you’ve recently changed, the answer is probably no.
I watched the Martin Lewis Money Show before Christmas all about mortgages and the majority of people could save cash. We locked in for a five year fix in March 2017.
Due to both being self employed and the impending doom of Brexit, we decided that a five year lock in at a rate we were happy with, meaning monthly payments we could afford, was the best idea. We didn’t know what was going to happen as the rate we were offered was low and there was plenty of room for it to go up with Brexit shenanigans.
The funny thing is, that almost two years into our fixed deal, we’re still really non the wiser and could have probably got a better deal right now. But at that moment, you need to do what is right for you and the rate we are paying is still good, without any extra stress.
It’s always worth looking at your mortgage deal & seeing you there is a better one for you. Find one that works for you & your situation.