Right, so you’re taking out a mortgage – exciting times! But a big decision you need to make is whether to fix your interest rate or let it vary. This choice affects your monthly payments and the total cost of the mortgage for years to come, so it’s worth getting it right. Let’s break down […]
Blog
Should I Get A Fixed Or Variable Rate Mortgage?
What You Should Know About Changing A Fixed Rate Mortgage
When you have a fixed rate mortgage, you’re locked into that interest rate for a set period, typically between 2 to 5 years. However, things can change during this time. Perhaps your financial situation has improved and you want to reduce your monthly payments, or you’re expecting interest rates to rise based on economic forecasts. […]
A Guide To Selling Your House During a Fixed Mortgage Term
Many homeowners wonder if selling before the mortgage term ends is possible, and if so, what it entails. The answer is yes, you can sell your house with a fixed-rate mortgage. But there are some financial considerations to keep in mind. This article will explore what happens when you sell a house with a fixed-rate […]
How Soon Can You Remortgage After A Fixed Deal?
Is your fixed-rate mortgage coming to an end? Many homeowners face a jump in monthly payments when their introductory period expires. But don’t worry, you have options. Remortgaging can SAVE you money by securing a new, potentially lower interest rate. Here’s what you’ll learn from this guide: In short, this article can help you decide […]
A Complete Guide To Fixed Rate Mortgages
What is a Fixed Rate Mortgage? A fixed rate mortgage is a type of mortgage where the interest rate remains constant for an agreed period, typically between 2-10 years. With a fixed rate deal, your monthly repayments stay the SAME for the duration of the fixed term, regardless of whether interest rates rise or fall. […]
Can Second-Time Buyers Get 95% Mortgages?
So, you’re ready to move again. Perhaps your family’s growing or a new job calls, but you’ve hit a snag: your deposit is smaller this time. If you’re in this situation, you’ve likely searched countless lenders on the internet to find 95% mortgage deals in the UK. With few options, strict lending rules, and high-interest […]
