The right time to switch to a fixed rate might be:
When a fixed-rate term is ending and you want to know what your outgoings will be
If you’re on a variable rate and the Bank of England has indicated that interest rates are likely to rise
After a decrease in interest rates and no further cuts in rates are likely, according to the Bank of England
When competition between mortgage providers has prompted lower rates
If you’re not sure if now is a good time to fix, it makes sense to talk to a mortgage adviser. They’ll also be tracking the market and should know whether more deals are coming to an end or moving up or down.