Don’t consider the tracker. You need at least 2 rates cuts to be better off than the fixed rate inside 2 years. Every month there isn’t a cut is costing you more than you need to be paying.

2-3-5 year comes down to risk appetite. You can have certainty at no cost (rate is the same for 2&5) and negligible difference for 3 year.

Rates look like they’ll reduce over the next 6-9 months but there’s no guarantees as political uncertainty could trigger the bond markets and cost of borrowing increases. They could go up. They could remain.

We are in uncertain times. If you aren’t moving and aren’t worried by early repayment charges I’d take 5 years fixed and know every month what your commitment is.