Mortgage repayment calculatorWork out how much your mortgage repayments will be.
Property prices in England have grown to an average of £235,101, according to new research by the pr... More
The value of an average property in the UK increased annually by 2.7% during March this year, accord... More
Gross mortgage lending has risen since April 2012 by an estimated 21%, according to new data release... More
The number of mortgage applications submitted by prospective borrowers during April this year grew b... More
The Governor of the Bank of England, Sir Mervyn King, has claimed there is “no place in the long run... More
Find out how to choose the best estate agent in this guide. We look at practical ways to shortlist, ... More
Mortgage valuations shouldn’t be confused with a property survey. You should consider having a surve... More
Find out how buying a house works, from making your offer to completion. This guide explains the mor... More
Loughborough Building Society has added a selection of variable rate mortgages to its range, most no... More
Vernon Building Society has released a new five-year fixed-rate mortgage, available to borrowers wit... More
Hinckley & Rugby Building Society has reduced its discounted variable offset mortgage rate by 0.30%,... More
A rate cut of 0.60% has pushed the first direct variable tracker deal to the top of the 90% loan-to-... More
Coventry Building Society has cut the rate on its variable-rate mortgage for term, catapulting it to... More
A greater period of repayment security can be gained by opting for a longer term fixed rate. As well as security, with a longer term fixed rate you do not need to search for a new mortgage every couple of years, as you might do with a shorter term fixed mortgage.
The risk with a longer term fixed rate is that if rates drop, you could end up paying over the odds. In this situation you may decide you want to change your mortgage before completing the initial fixed rate term to save money. If you do, your bank or building society may charge you a fee that lenders call an early repayment charge. It is wise to bear these charges in mind when you are deciding which longer term fixed rate mortgage to take, as they might be very expensive, particularly in the early years.
When you look at our best buys, you will see that we have selected the best 5 - 10 Year fixed rate mortgage products from across different loan-to-value tiers in order to give a wide overview of what’s available.
However, if you can’t find a product that’s right for you don’t worry – you can use our quick and easy mortgage search to access a more comprehensive list of mortgages.