Does locking into a fixed rate mortgage make sense?
If you are looking for security and peace of mind with your mortgage, locking into a cheap fixed rate mortgage while rates remain low is a sensible move.
With fixed mortgage rates as cheap as they have been in a decade, it makes sense to lock in. Mortgage terms vary from 2 to 10 years and highly competitive rates are on offer at all deposit levels and mortgage terms.
The lowest rates still go to higher deposit borrowers and those looking for shorter term deals, however rates have improved over all mortgage products on offer.
If you want to review the best lenders have to offer in their fixed rate mortgage ranges, you are advised to call Deal Direct.
Our advice is independent and based solely on your needs, we work on your behalf and not on behalf of the lender.
Standard variable rate mortgage holders are particularly at risk from rising rates, as banks and building societies can increase variable rates as and when they like regardless of interest rate changes.
For a market-wide mortgage search call as adviser today on 0800 048 8828, regardless of your deposit level we will search to find you a competitive mortgage offer.
With just 10% as a deposit remortgaging customers and borrowers looking to purchase a new home, can get access to cheap fixed rate mortgage deals .
Call 0800 048 8828,
for mortgage advice and a low rate quote.
