According to the article in Saturday's Times "There is only one way that rates are heading, and it is not down It's time to fix a new deal now, if you can.
Quoting from the article "if you have a fixed rate ending this year you should start looking around now. There is no chance that mortgage rates will fall again this year"
You may have an early repayment charge with your current lender and should check before re-mortgaging. We would always advise you to think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.