A recent survey by Legal & General Mortgages found that 35 per cent of borrowers in the UK prefer fixed-rate mortgages to standard variable rate mortgages because of the added security of a fixed-rate product.
Certainly it would seem that fixed is the way to go , in light of recent interest rate increases from the Halifax, the Royal Bank of Scotland and the Bank Of Ireland.
If you need advice, talk to us…Our experienced team of mortgage advisers Camberley can help you make a decision on whether you should be going for a fixed or standard rate mortgage, based on your circumstances.
It all comes down to costs and luckily we have a calculator at the ready…Call us today and put your mind at rest.