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Fixed Rate Mortgages

A fixed rate mortgage provides guaranteed monthly payments for a predetermined period of time.

If you're the kind of person who likes certainty and the reassurance of knowing exactly what your monthly outgoings will be, then a fixed rate mortgage may be most suitable for you.

A fixed rate mortgage sets the interest rate that you will pay for a specified period, guaranteeing the amount payable each month for a fixed length of time. This arrangement will enable you to more accurately forecast your budget during the initial years of your mortgage term.

Once the fixed time period expires your mortgage repayments switch to the mortgage lender's standard variable rate.

In addition, if the interest rate rises above the fixed rate that you are paying, you will actually save money. However, the reverse of this is also true. If the interest rate goes down whilst the fixed rate deal is in place, you will end up paying more.

Your home may be repossessed if you do not keep up repayments on your mortgage.

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Mortgages from Select MS Mortgages from Select MS Mortgages from Select MS Mobile phone app from Select MS Mortgages from Select MS
Typically a fee of £495 will be charged upon mortgage application but the exact amount of this fee will be dependent on your circumstances. Please contact us for full details.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Select Mortgages Solutions,
Regents Pavillion,
4 Summerhouse Road,
Northampton,
NN3 6BJ

Tel: 0845 22 42 162
Email: info@selectms.co.uk

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Select Mortgage Solutions is an appointed representative of Stonebridge Mortgage Solutions Limited which is authorised and regulated by the Financial Conduct Authority.
 
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