With interest rates fluctuating, what fixed-rate period is currently best for a remortgage to release equity on a portfolio property – 2-year, 5-year, or even longer – considering potential early repayment charges if I sell in the next 3 years?
Quick Answer
Choosing fixed-rate periods like 2-year, 5-year, or longer for a remortgage to release equity depends on your selling plans and risk tolerance, with a 2-year fix often balancing stability against early repayment charges if selling soon.
About This Topic
Choosing between 2-year & 5-year fixed-rate remortgages to release equity? Understand ERCs and market rates for portfolio properties in the UK.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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