Fixed Rate Mortgages Best Deals
A fixed rate mortgage allows customers to pay an unchanging rate of interest for the duration of their agreement, meaning that there will be no hidden surprises or increases in interest repayments. Although it should be remembered that using this type of mortgage deal, rates cannot be subject to any decreases either.
This added level of security that comes with fixed rates is perhaps one of the main reasons that these mortgages are so popular with borrowers, as they may be much easier to budget for compared to other more unpredictable interest rate agreements. For more information on the best fixed rate mortgage deals, consult our mortgage comparisons tables.
When searching for the best deals on fixed rate mortgages however, it is important to remember that the longer the agreement, the higher the interest rate will generally be. Indeed, these types of mortgages are often made slightly more expensive than others in order to compensate for the long term financial security which they offer.
There are also several different types of fixed rate mortgages best deals that are available to customers, offering a considerable amount of flexibility:
- 2 year fixed rate mortgages
- 4 year fixed rate mortgages
- 5 year fixed rate mortgages
- 10 year fixed rate mortgages
- Lifetime mortgages
See above for the latest fixed rate best deals or if you need independent advice use our enquiry form and a specialist mortgage broker will call you.
Require mortgage advice? You can call our mortgage team on:
0117 332 6063
Monday to Friday 8.30am to 7pm