Are you worried about remortgaging?

Are you worried about remortgaging? UK homeowners looking to refinance in the coming months face a perplexing set of choices over what kind of home loan to pick. If interest rates have reached their peak and you suspect they will fall later in the year, should you hold off from locking into a fixed-rate loan, in case you end up paying over the odds later?

One alternative is a tracker mortgage, which follows the Bank of England main interest rate. But this is currently a more expensive choice — and not everyone will relish the uncertainty over their monthly interest payments.

Even if you decide to fix, the choice is complicated by an unusual switch in average rates on two- and five-year deals. Historically, the two-year term has been a cheaper option; but now five-year rates are lower. If you go for the cost saving, you will want to be happy with the long-term implications.

FT Money wants to hear from you. Tell us if you’ve already made a decision and why — or if you face a refinancing crunch and are flummoxed as to how to proceed. Please email us at money@ft.com with a few words about your situation. We will treat your information in confidence.