Remortgages Info

If you want the ability to plan your monthly finances and need the financial security that you can budget and plan every month then a Fixed Rate Mortgage could be just what you need. Worrying about your monthly finances can be very stressful; however, this type of remortgage helps you to be able to stay in control of your finances. This particular remortgage product provides the security throughout the term of the Fixed Rate Remortgage that the rate offered will never change and monthly payments will remain the same through the duration of the fixed period.

Fixed Rate Remortgages can be purchased to run from a 2 year period up to a 10 year period depending on lender. All financial institutions set their mortgage rates around the Bank of England base rate. Any changes to the Bank of England base rate will not affect the agreed Fixed Rate Remortgage as it will not be subject to any change during the course of the agreed Fixed Rate period.

If you are proposing to apply for a fixed rate remortgage, you should consider approaching your current lender for advice. They will be happy to provide advice on their current Fixed Rate Remortgage deals and talk you through the application process. Alternatively, other high street lenders can also offer Fixed Rate Remortgage advice.