Fixed Rates
At Austin Friars Financial, we understand that a fixed-rate mortgage can offer you peace of mind and financial stability. With this mortgage option, you benefit from a constant interest rate for a specified period, typically ranging from 2 to 10 years. This means you can confidently plan your finances, knowing that your monthly mortgage payments will remain steady throughout the fixed term.
One of the significant advantages of a fixed-rate mortgage is protection against potential interest rate hikes, providing you with valuable reassurance and stability. However, it's essential to consider that during the fixed term, you won't benefit from any potential decreases in interest rates.
Before committing to a fixed-rate mortgage, our dedicated team of mortgage advisors at Austin Friars Financial is here to help.
We will carefully assess your financial situation and long-term goals to ensure that this option aligns perfectly with your needs and preferences.
If you decide to remortgage or pursue a product transfer, it's essential to be aware of any Early Repayment Charges (ERC) that may apply. Our team of experts at Austin Friars Financial will guide you through the process, helping you make the best decision for your financial goals and find the most suitable mortgage option for your circumstances.
A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.