Is a fixed rate mortgage the right deal for you?

Whether a fixed rate is the right type of mortgage for you depends on your circumstances and financial needs. For impartial advice as to which type of mortgage would suit you best call us at Deal Direct on 0800 048 8828.

Why choose a fixed rate deal?

Fixed rate mortgages are low risk.

Your rate will not be impacted by interest rate changes during the term agreed. This makes them a good product if you are averse to taking a chance with your finances.

With a fixed rate there is reduced financial risk which is not the case with variable mortgage where rates move up and down with interest rates changes. With fixed mortgage you know that your rate will not fluctuate, it will remain at the level agreed.

Fixed rates mean better budgeting.

Fixed rates are offered over various length terms, which term you choose depends on your needs. It is advisable to speak to a mortgage adviser to work out which product is most appropriate for your financial circumstances.

Regardless of the term agreed the principal remains the same, your monthly mortgage repayments are exactly the same until the end of the period agreed. Budgeting is therefore easy to do because every month you know exactly what your repayments will be.

Fixed rate mortgages offer peace of mind.

Knowing your rate cannot increase regardless of interest rate increases offers peace of mind.

How to achieve a low rate offer.

Seek professional advice from independent broker Deal Direct.

• We will review all lenders low rate offers.
• We will find the right mortgage for your needs.
• We will help with your mortgage application.
• We will work hard to get you approved for a deal.

Call one of our advisers on 0800 048 8828 for a low rate mortgage offer.