Compare Fixed Rate Mortgage Deals

Interest rates can't stay at rock bottom forever, you could protect yourself from any increase in rates with a fixed rate mortgage. Use the tables below to compare leading fixed rate mortgages side by side or call the providers direct using the telephone numbers listed. Alternatively if you require mortgage advice click here.

 

About you
Your income
Partner income
Income = £65,000
This calculates your maximum loan
Your property
Property value
Your deposit
Borrow = £140,000
Your loan to value (LTV) = 50%
Your mortgage
Mortgage Type
Payment Method
Payment Term
LenderInitial RateRate TypeInitial Monthly
Payment
Cost For
Comparison
Max LTVTotal FeesEnquire
Post Office1.63%Fixed
Mar-2016
£576.61
4.2%
65%£2355
Norwich And Peterborough Building Society1.79%Fixed
2 years
£584.55
4.6%
70%£1295
Norwich And Peterborough Building Society1.84%Fixed
2 years
£587.94
4.7%
75%£1686
Halifax1.89%Fixed
Sep-2016
£585.93
3.8%
60%£999
Halifax1.99%Fixed
May-2016
£592.72
3.7%
60%£995
Bank Of Ireland1.99%Fixed
Feb-2016
£596.10
4.2%
60%£1159
Halifax1.99%Fixed
May-2016
£592.72
3.7%
60%£995
Halifax2.04%Fixed
Apr-2016
£596.13
3.9%
60%£999
Halifax2.09%Fixed
Jun-2016
£599.55
4%
60%£999
Coventry Building Society2.19%Fixed
Mar-2016
£606.44
4.3%
65%£999
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Compare Best Fixed Rate Mortgages

 

Depending on your circumstances and individual needs, a fixed rate mortgage could prove to be a very useful, as they are considered to be very reliable.

 

These fixed rate mortgages may come with a number of useful benefits, including:

  • A guarantee that your monthly payments will be of the same amount for the set term, making it easier for you to set out your budget for this period
  • Security against any rises in interest rates during this set term
  • As they are widely used, rates for these mortgages may be highly competitive

 

Although they can be very useful, it is also worth considering the following potential drawbacks of opting for a fixed rate mortgage:

  • As interest rates do not rise or fall with the Bank of England base rate, fixed rate mortgages could prove to be more costly than variable or tracker mortgages if interest rates were to drop over the years
  • The initial rates of fixed rate mortgages may be comparatively high

 

It is worth remembering that fixed rate mortgages, like any other financial product may have several strengths and weaknesses depending on the circumstances of the customers. Indeed very few financial products are without any element of risk.With this in mind, customers should also consider which repayment option they may be best suited to.

 

Interest only mortgages allow customers to only repay the interest on their mortgage every month, although the loan itself must be repaid in full at the end of the term. Using a repayment mortgage, customers gradually repay both the interest and loan itself every month until they own their property outright.

 

One of the best way to find the most suitable mortgage is to compare fixed rate mortgage deals from several different lenders.  You might find the mortgage comparison tables above useful in your search:

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products highlighted on this website are available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker