With this type of mortgage, you can avoid the uncertainty of possible changes to your monthly payment by fixing the interest rate for a set period of time. This will be agreed at the start of the mortgage.
The actual fixed interest rate and period over which it will apply will depend on the terms of the deal you have chosen.
View our current mortgage rates tto help choose the flexible mortgage that is most suited to you.
If you repay your mortgage early an Early Repayment Charge may apply. The duration of which will depend on the terms of the deal you have chosen.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.