Mortgage Advice

Best 10 Year Fixed Mortgages

There are over 130 10 year fixed mortgages on the market. They offer an appealing security for homeowners who wish to avoid the fluctuations of interest rates. By historical standards the 10 year fixed deals offer an attractive proposition. It is not that long ago that UK interest rates reached 15%. Those looking for a 10 year fixed deal can at the moment tie in at 6.09% with the Britannia Building Society.

The advisability of getting a 10 year fixed rate mortgage depends on the long term movement in interest rates. This is difficult to predict. But by historical standards interest rates could go higher, but, are unlikely to go much lower.

These are some of the companies offering 10 year fixed rate mortgages

• 1o Year Fixed Rate Mortgage at Britania - current 10 year rate 6.9% Overall cost for comparison
• 5 and 10 year fixed rate deals at Nationwide

If you really want security try:

• 25 year Fixed rate mortgage offered by Nationwide
  
• Do 10 year fixed rate mortgages make sense?
  

10 year mortgages are also worth considering if you are in the process of remortgaging