Fixed Rate Mortgages
How it works
A fixed rate mortgage allows you to fix the rate of interest you pay over a set period, usually 1-5 years. This protects you against increases in mortgage rates, as your mortgage repayments remain fixed regardless of the prevailing economic climate. Once the fixed period you are tied into ends, it is often possible to renegotiate with many lenders a further fixed rate or a different product that suits your needs. Is it right for you?The downside of fixing your rate is that you do not benefit from reductions in interest rates.It might be wise to consider a capped rate mortgage in a period of interest rate reductions. Get your free quotationWe offer competitive rates for mortgages to all applicants, including those with ccjs, arrears, defaults, the self employed and people with no proof of income.To calculate possible repayments use our mortgage calculator. For a fixed rate mortgage quotation, click below to go to our enquiry form. Fixed Rate Mortgage Enquiry Form We will search our bank of mortgage lenders for the best fixed rate deals for your individual circumstances. It is up to you to decide which option you would like to pursue if we provide you with a monthly repayment figure you are happy with. If you would rather contact us by phone, we offer a freephone service during office hours - call 0800 279 3000, quoting the MortgageFinda web site.
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