To fix or not to fix is a question we receive frequently from new clients. The benefits of a fixed rate mortgage are:
- For the duration of the fix you know what you will be paying and can budget accordingly.
- If the interest rate cycle changes and interest rates rise you can pay less than a variable rate mortgage.
Wexdon will happily advise you on your circumstance. We offer a free mortgage search of the whole market.We will present the various options and help you chose which is the best option for your family’s circumstances. You have nothing to lose financially by getting in touch and taking up our offer of a free mortgage search, and over the course of your mortgage, you could potentially save many thousands of pounds.
Standard Variable rates with some of the High Street lenders have gone up recently as the new EU rules on capital adequacy have meant the Banks and Building Societies need to have more savers save with them in order to lend new mortgages. Some market watchers think the interest rate cycle will increase over the next few months and years. We believe our clients should always compare the best fixed rate mortgage with other types of mortgage offer to conclude themselves what is best value for money and most suitable for their circumstances. Call now to find out what is the best fixed rate mortgage offer.
Your home maybe repossessed if you do not keep up repayments on your mortgage.
'There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but we estimate that it will be £350.