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Fixed rate mortgages Archive
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Great Rates But For How Long?
Recent statistics have shown that the average rate available on a 5 year fixed rate have been falling in recent years. The figures from data provider Moneyfacts show that the average rate available has dropped substantially in the last year and by more than 1 per cent since 2010. That’s great news for those borrowers [...] -
Coventry launches new mortgage deals with no early redemption charges
Coventry Building Society, the UK’s third largest building society, has just launched a new range of capped and fixed rate mortgage deals that have no Early Repayment Charges (ERCs) within the capped or fixed rate period. This range of products is ideal for borrowers who are either looking for the security of a fixed rate [...] -
Fix below 4% for 10 years – why wouldn’t you?
Chelsea BS has launched a new ten year fixed rate mortgage with a rate of just 3.99%. Whilst there are not many options in this sector of the market this is well ahead of the rest and again poses the question of how long borrowers should fix for. There can certainly be no argument that, [...]