Well, it depends really,
Are you finding that the interest rate increases are straining your finances as it is? If so, I would suggest fixing for a year. But the flip-side is, you may be penalised if you opt out within the year.
If you can afford to manage with 2-3 more interest rate rises in the coming months, and still have breathing space with your finances, I would suggest sticking with your tracker. Also, the LTV tracker rates you are on currently are much cheaper than the fixed, naturally.
If I were you, I wouldn't fix.
In any event, if the property is likely to be sold within a year the penalty for breaking the fixed rate would probably outweigh any potential repayment advantage conferred by having it.
Granted if you stay with NIB for your new mortgage, they may waive the penalty (see http://www.askaboutmoney.com/showpos...91&postcount=5) but that ties you to NIB for your new mortgage for the new house, which may or may not be the best deal for the new requirement.
Best of luck with the wedding preperations then. Thankfully I'm in my youth and won't have to worry about them for a long time yet!!
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