The firm’s quarterly MortgageMood survey reveals that 55% of respondents on a variable rate were happy to continue paying their current monthly amount, while a further 11% were unsure.
Of those willing to pay more, 30% were willing to pay an extra £26-50 per month, 24% an extra £1- £25, 18% an extra £100 or more, 13% between £51-£75 and 6% between £70-£99.
Ben Thompson, managing director of L&G Mortgage Club, says it is surprising that such a high percentage of people are willing to pay more to fix in an environment of benign low interest rates.
He says: “Whilst the majority of homeowners are still happy to wait and take advantage of this, it is clear there is still a feeling of nervousness across much of the UK when it comes to mortgage repayments and this feeling of unease is increasing.
“The announcement from Halifax this week that it intends to increase its SVR to 3.99% and the economic pressures being felt across virtually all households in the UK means that people are now starting to think very carefully about the best options for their mortgages.”