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	<title>Mortgage Advice &#187; rates</title>
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	<description>Advice for the smart homeowner</description>
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		<title>Best 10 year mortgage</title>
		<link>http://www.ukremortgage-quotes.co.uk/blog/rates/best-10-year-mortgage/</link>
		<comments>http://www.ukremortgage-quotes.co.uk/blog/rates/best-10-year-mortgage/#comments</comments>
		<pubDate>Mon, 24 Sep 2007 16:01:27 +0000</pubDate>
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				<category><![CDATA[rates]]></category>

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		<description><![CDATA[With the uncertainty surrounding the UK Housing Market and the mortgage industry, many are considering a 10 year fixed rate mortgage.
The current mortgage uncertainties over Northern Rock are unlikely to lead to short term rises in interest rates, however, it is difficult to predict where interest rates will be in the next decade.
The Britannia offer [...]]]></description>
			<content:encoded><![CDATA[<p>With the uncertainty surrounding the UK Housing Market and the mortgage industry, many are considering a 10 year fixed rate mortgage.</p>
<p>The current mortgage uncertainties over Northern Rock are unlikely to lead to short term rises in interest rates, however, it is difficult to predict where interest rates will be in the next decade.</p>
<p>The Britannia offer a 10 year fixed rate:</p>
<p>Option 1</p>
<p><strong>6.09%</strong> Fixed for ten years, followed by our Standard Variable Rate, currently <strong>7.45%</strong> variable for the rest of the mortgage. The overall cost for comparison is <strong>6.7%APR</strong>.  <span class="hideselectorinfo">With full product fees.</span></p>
<ul class="mtgdetail">
<li><strong>£399</strong> Arrangement Fee and <strong>£100</strong> Administration Fee.</li>
<li>Higher Lending Charge <strong>Free up to 90% LTV</strong></li>
</ul>
<p><a href="http://www.britannia.co.uk/mortgage/fixed/10_year/index.html"> 10 year fixed at Britannia</a></p>
<p>This compares to a 2 year fixed rate at</p>
<p><strong>5.79%</strong> Fixed for two years, followed by our Standard Variable Rate, currently <strong>7.45%</strong> variable for the rest of the mortgage. The overall cost for comparison is <strong>7.4%APR</strong>.  <span class="hideselectorinfo">With full product fees.</span></p>
<ul class="mtgdetail">
<li><strong>£399</strong> Arrangement Fee and <strong>£100</strong> Administration Fee.</li>
<li>Higher Lending Charge <strong>Free up to 90% LTV</strong></li>
</ul>
<p>You can also find some mortgage quotes offering 10 year fixed rate deals <a href="http://www.home.co.uk/finance/mortgage_best_buys.htm">here</a></p>
<p><a href="http://www.ukremortgage-quotes.co.uk/quotes/index.html" title="UK remortgage quotes">Remortgage Quotes </a></p>
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