Hello there, I'm Money Crocodile - Your Online Personal Finance Site ... QUICK ENQUIRE
Personal Finance with Money CrocodileUK Car Loans - New or Used Cars

UK ONLINE MORTGAGE ENQUIRY FORM - COMPLETE OUR FORM FOR A COMPETITIVE QUOTE

Fixed Rate Mortgages

Also Read - Getting on the Property Ladder | Mortgage Conveyancing | Mortgage Protection
Fixed Rate Mortgages

A fixed rate mortgage is one where the interest rate is set for you for a specified time, regardless of what the base rate is doing, whether it be going up or down, you will for the specified length of time always pay the same amount. This means that you will always know what your outgoings will be as far your mortgage is concerned. So should the base rate rise above your interest rate you will not be affected and will still be paying the set amount. However you should also consider that should the base rate go below your set interest rate you will not benefit from the fall, you will still be paying your set higher rate.

Alternatively you could try a capped rate mortgage where you do benefit from a fall in interest rates.

Full range of UK Mortgages:

100% Mortgages | Buy to Let Mortgages | Capped Rate Mortgages | Discounted Rate Mortgages | Endowment Mortgages | First Time Buyer Mortgages | Fixed Rate Mortgages | Flexible Mortgages | Interest Only Mortgages | ISA Mortgages | Non Status Mortgages | Self Build Mortgages | Self Certification Mortgages | Self Employed Mortgages | Tracker Mortgages | Variable Rate Mortgages

UK MORTGAGE ENQUIRY FORM - COMPLETE OUR FORM FOR A COMPETITIVE QUOTE

Sitemap | Data Protection Act | Home

© 2007 MoneyCrocodile.co.uk is owned and maintained by UK Finance Online Limited

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP MORTGAGE OR DEBT REPAYMENTS SECURED ON IT
THINK CAREFULLY BEFORE SECURING ANY OTHER DEBT ON YOUR HOME. NON PAYMENT OF ANY LOAN CAN AFFECT YOUR CREDIT RATING

Every effort has been made to ensure that the facts here are correct. No liability is accepted for any errors contained herein or for any loss resulting from actions taken.