FIXED RATE MORTGAGE
Fixed Rate Mortgage
Your mortgage interest rate is fixed for a set period only, during which your mortgage payments will stay the same. At the end of the fixed rate period, your mortgage interest rate will change to the lender’s standard variable rate.
Fixed rate mortgages are usually available for between one and ten years,
Is it right for me?
Yes – If you need to budget with certainty for the next few years, or you think mortgage interest rates will rise, or both.
No – Probably not if you think mortgage interest rates will fall.
Why not speak to an advisor to see how we can help you find the right mortgage deal.
Alternatively, see an explanation of the Discounted rate mortgage product.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
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Mortgage Connections UK Ltd is an appointed representative of Quilter Mortgage Planning Limited who are part of the Quilter Group of companies, which are authorised and regulated by the Financial Conduct Authority.
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
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