[MovedGoalPosts]

Remember that it's not just the interest rate you have to consider in changing mortgages.

There may be a penalty fee payable to your current provider.

There may be a valuation / administraction / application fee to the new provider

There may be solicitors costs to register the new mortgage.

If you are looking to a current rate mortgage, consider that with rates supposedly low, although very few show a close relationship to the Bank of England Rate, the only place for them to go now is up again. With the mess this government is now making of the economy, printing money bailing out banks and all sorts, there is a real risk that in a couple of years inflation will rise significantly. As our pound becomes even more worthless than it is today the response to inflation will be the traditional interest rate rises.