22/10/2026
Tracker or Fixed – Which Way Should You Go?
There’s been a lot of scaremongering about mortgage rates recently, with plenty of people predicting what will happen next.
The reality is that nobody knows for certain where interest rates are heading.
A fixed rate gives you certainty over your monthly payments, while a tracker gives you the opportunity to benefit if rates fall, but also means paying more if they rise.
Neither is necessarily the right or wrong choice.
It’s really about your attitude to risk, your circumstances and whether you could comfortably afford an increase in your mortgage payments.
Some people prefer knowing exactly what they’ll be paying each month. Others are happy to take a little more risk in the hope that rates will come down.
That’s why speaking to a mortgage broker is so important.
At Miles Rhodes Mortgages, we have access to the whole mortgage market and can talk you through the options, explain the risks and help you make an informed decision.
Don’t make a decision based on newspaper headlines or somebody else’s prediction. Make it based on what’s right for you.
