What is a fixed rate mortgage?

What is a fixed rate mortgage?

When an interest rate is fixed for an agreed period of time, usually two or five years. Repayments will remain the same during this time, regardless of other interest rate rises or falls.

To find out more, take a look at our mortgages section(opens in a new window).

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

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