We Prefer Fixed Rate Mortgages

According to research conducted by Abbey, most consumers prefer a fixed rate mortgage deal to any other.  This is despite experts predicting that the interest rate has peaked and some lenders dropping their interest rates.  

Abbey states that most would choose a fixed rate, even for a short term of two years, as consumers like to get as much security as they can from their mortgage.  

Our view

Although fixed rates are the most requested, people do change their mind once the different options available have been explained to them.  The reality is there are mortgage schemes to suit all our needs.  

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