| Product type |
Fixed Rates
|
| Pay Rate |
From 5.85% Depending on Term Wanted |
| APR |
6.5% on 5.85% rate |
| Expiry Period |
Anything upto 25 Year Fixed |
| Max LTV |
|
| ERC |
|
| Arrangement Fee |
|
| Product type |
Fixed Rates
|
| Pay Rate |
5.95% |
| APR |
6.70% |
| Expiry Period |
2 years |
| Max LTV |
75% |
| ERC |
1.5% |
| Arrangement Fee |
£585 |
Not the right mortgage for you? VIEW MORE
A Fixed Rate Mortgage is a loan where the interest rate is fixed for a specified period of time. 2 - 5 year fixed periods tend to be very popular but you can fix for longer if required. The big advantage to the borrower is that a fixed rate provides peace of mind that your payments will never change over the initial fixed period. Excellent for people who wish to set a fixed budget for their mortgage repayments. Fixed rate mortgage payments = fixed monthly budget.
After the fixed rate period most mortgages products return to the lender’s variable rate. Some lenders will charge an arrangement fee for the fixed rate and may also make an ‘early repayment charge’ (see glossary) should you choose to pay off the loan before the end of the fixed rate period.
To find out more about this type of mortgage call us on 0845 071 4414