This is March, July is 4 months away. It’s possible that your application will be finalised in 4 months, but what are the chances. Say it is not, four months will pass, then you have to do it again.. which will make your first MEP useless and causing more delays with your application processing. Also, unless you are inland or exempt, say your application is finalised in 3 months and travel restrictions are not lifted by then, you can’t travel, then you you have to wait till your medicals expires, you will then have an expired COPR and have to do the medicals again plus wait for the travel authorisation. However, if you do a fresh medicals, your giving yourself a year head start. Just playing out the scenarios for you.