To ask about mortgage rates and how long to fix for

[MissContrary]

We need to re-mortgage as our fixed deal ends soon. I'm unsure whether to opt for another 2 year fix or go for longer with Brexit looming. What are others doing?

Depends how risk averse you are but I think I’d go five years at the moment personally.

We did 5 years this time as we figured that if we did 2 years we'd be coming out of it right in the middle of the inevitable Brexit upheaval

We did 5 (and considered 10)

We remortgaged exactly this time last year and went for 5 year fixed. I think we are coming in for a rough ride in this country and I wanted at least one thing (monthly mortgage payments) to be stable.

I fixed for 10 years, two years ago, it gives us fixed out goings for that period that I could still cover even if things changed sigificantly with jobs etc. BUT, we have very stable circumstances, a friend who is an independent mortgage advisor sucked his teeth very hard when I told him - pointing out that 10 years is a very long time to say you probably won't want or need to move, and how many marriages last that long?! But I'm very happy with it, the redemption fees do go down each year. I would say that five years is a good bet, hopefully the economy will be stable by then, can't say I'm optimistic about the shorter term though if you fix for just two, you might be looking for a new deal will the Brexit shit is still hitting the economic fan!

Not 'will', 'while.