Hi Brendan Unfortunately, we have a SVR mortgage with Ptsb taken out in 2006. We have an approximate LTV value of 87% and as you can imagine, the possibility of moving banks was never an option in the past but hopefully, in the next year or two, we'll be in a position to look at other lenders. Currently, we are paying 4.30% and our remaining mortgage balance is approx. €280,000.00. We received our Certificate of Interest from the bank yesterday (not pleasant reading!) and they appear to be offering a new 2, 3 and 5 year fixed rate of 3.70%. The question is should we fix at this lower rate? Or, should we sit tight and wait for the SVR rates to fall (which may be the case given the world economy). I know it's so hard to tell what the future holds but any advice would be greatly appreciated. Many thanks.