TSB's 5.99% 2Yr rate looks the value option to me in the market if you aren't comfortable sitting on a 6m roll-over strategy at 5.45-5.50%. I have $1.3m borrowings over 8 rentals , current weighted average duration is only 1.4Yrs and weighted average rate is 6.24% ( made higher by 1 mortgage being at 8.50% with 9mths and 1 at 7.75% with 15mths to run ) ... would like to get duration up to 2Yrs+ but I think to do that would be too expensive. I'd need to pay some 4Yr and 5Yr and I just don't think there is value in that at present. Better to stick 6m,1Yr and 2Yr all below 6% and roll-over at best rate when fixes come to an end. Certainly absolutely no interest in 5Yr money at 8.30% ... that IS EXPENSIVE !!