10 year fixed rate mortgage deals are the new 'must have' long term fix.

There is a growing trend for 10 year fixed rate mortgage deals, and lenders are meeting this demand by releasing low rate products.

Longer term 10 year fix rate mortgages are proving popular with home-owners looking for an added level of security. Mortgage terms of 10, 20 and even 30 years are common in countries such as France, however in the UK longer terms deals have been slow to catch on.

While 10 year fixed rate mortgages haven't really been that competitive in the past, this has changed with the release of the Abbey 10 year fix at just 3.94%. With this deal home-owners can see longer term security is now both achievable and affordable.

Mortgage rates are now at their lowest level in over a decade, however market analysts are predicting this can't last. They advise that when the Bank rate, which has sat at 0.5% for over 3 years rises, and Government schemes such as Help to Buy and Funding for Lending end rates will rocket.

With this knowledge many home-owners are re-assessing their needs and seeing the value of a 10 year fix.

With rates at historic lows, it really does make sense to lock into a deal that enables you to the ride the potential higher rate storm that experts predict is coming.

Currently there are several lenders entering the longer term market, however the best 10 year fixed rate mortgage currently on offer is from Abbey through Deal Direct.

This mortgage represents good value as not only is it the lowest 10 year rate you can find, the fees are set low AND there is 1% cashback on your monthly mortgage payments if you open a 123 account at the same time you apply.

The advice is protect yourself from a future rate rise by taking out a 10 year fixed rate mortgage from Abbey through Deal Direct.

Deal Direct can help you find whatever kind of mortgage you are looking for, so call an impartial adviser for advice and a quote. As we are not limited to a particular lender our advice is not limited either. We have access to ALL deals on offer UK wide and we will find you the mortgage that is best suited to your circumstances.

Call an adviser today at Deal Direct - 0800 048 8828.