Synchro Mortgages offer the best fixed rate mortgages for residential and commercial property. You may need the best fixed rate mortgage you can find if you are looking to buy a new home, business property or are seeking a buy to let property. We are always here to help and will aim to provide you with the best quote for mortgages, insurances and loans. If you are seeking the best fixed rate mortgages we have to offer then why not clink through on the banner above. This will take you through to our fantastic quote calculator that gives you a quote for mortgages, insurances and loans within minutes. If you have any questions then please feel free to give us a call on 01782 346 491 and we will be happy to help.
What is a fixed rate mortgage?
A fixed rate mortgage makes it easy to plan ahead, because as the name suggests, the interest rate on your mortgage stays fixed. We look at the best fixed rate mortgages on the market for you to choose from.
This means that as a fixed rate mortgage customer, even if the Bank of England Base Rate or our standard variable rate changes, the interest rate on your mortgage remains constant over a fixed period of time. This makes your budgeting easier, because you can plan ahead knowing exactly how much your monthly repayments will be.
What are the benefits of a fixed rate mortgage?
Fixed rate mortgages can be good for first time buyers and anyone on a budget who needs the stability of a set monthly repayment. With a variable rate mortgage your payments may go up and down according to the Bank of England Base Rate. However with a fixed rate mortgage you have the security of knowing the exact amount you will repay each month, despite any changes in interest rates.
Having a UK fixed rate mortgage means the interest rate depending upon the fixed rate products available at the time, you will pay is set for a specified period. We have a range of fixed rate mortgage terms available, currently fixed terms of two to five years tend to be popular with our customers. Once the fixed rate period is at an end, your repayments will revert to our standard variable rate.
If you are looking for the best fixed rate mortgages available on the market maybe you are looking to re-mortgage because you are having financial difficulty. If this is the case you may be interested in getting a quote for consolidating purposes or talking to us about debt management.
Synchro Mortgages will sort through the thousands of different mortgage deals to find the best value offer and the right mortgage type for you. Our impartial service guarantees to source the best mortgage type, whether you're searching for a 95% first time buyer mortgage, a buy to let mortgage or looking to remortgage your existing property, we are here to help. There are many different mortgage types available, each offering slightly different benefits. There are also various ways in which you can repay your mortgage once you have agreed which type you want.