Mortgages · Fixed Rate
Know exactly what you'll pay, for as long as you fix.
A fixed rate mortgage keeps your interest rate — and therefore your monthly payment — the same for an agreed period, typically 2, 3, 5 or 10 years, regardless of what happens to interest rates generally. Most residential mortgages in the UK are fixed rate for exactly this reason: certainty.
Choosing how long to fix for
The right length of fix depends on your circumstances as much as the rates on offer. Shorter fixes (2 years) often carry lower headline rates but mean remortgaging again sooner — and paying any associated fees again. Longer fixes (5 or even 10 years) typically cost a little more but protect you from rate rises for longer and reduce how often you need to go through the remortgaging process.
It’s also worth checking whether a deal includes an early repayment charge if you need to exit before the fix ends — relevant if there’s a reasonable chance you might move home, need to raise further funds or want to overpay significantly during the fixed period.
Who this is for
- Wanting a predictable, unchanging monthly payment
- First-time buyers budgeting carefully
- Households on a fixed or tight monthly budget
- Anyone who prefers not to track interest rate movements
- Comparing 2-year vs. 5-year vs. longer fixes
- Remortgaging off a deal that's ending
How it works
Tell us your priorities
How long you want certainty for and how that fits your wider plans (e.g. likely to move again soon?).
Compare fix lengths
Shorter fixes are often cheaper but need renewing sooner; longer fixes cost more but lock in certainty for longer.
Lender and rate matching
We search the market for the right combination of rate, fees and terms for your situation.
Application to completion
Your adviser manages the case through to your new rate starting.
Your home or property may be repossessed if you do not keep up repayments on your mortgage or other loans secured upon it.