Hi, I have a fixed rate mortgage for 5 years (bought my place almost two years ago), I think the rates Im paying is high, so want to know if it makes sense to look for remortgaging? so I expect now I have a better TLV so to pay less essentially.
Assuming you're currently in a 5 year fixed rate mortgage, you might have to pay a break fee to exit that early, which may offset any gain to be made by refinancing to a lower rate.
Plenty of threads on the topic in this forum.
You'll need to ask your current lender what break fee would apply before you assess further.