Personal finance questions: ‘I’m coming to the end of my fixed rate, and they want to roll me onto 5.89pc. Can I do better?

Mortgage rates, tips for first-time house buyers, and a pension guide

You can find fixed rates of 3.65pc for houses with a B3 or better BER rating. Photo: Getty

Charlie Weston

Q My partner and I are coming up to the end of a three-year fixed rate with one of the newer lenders – but their lowest roll-off rate is very high at 5.89pc fixed for five years. Our house is worth about €420,000 and we have a €315,000 mortgage remaining over 25 years. The house is B3 energy rated. Are there any more-attractive fixed-rate offers in the market that we could switch to?

​A There are better fixed rates out there, according to Joey Sheahan, the head of credit at online brokers MyMortgages.ie and author of The Mortgage Coach.