Abbey comments on long term fixed mortgage deals
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- Published:Saturday, March 31st, 2007
Nici Audhlam-Gardiner, Head of Mortgages, at Abbey, has given some thoughts on long-term fixed mortgage deals.
“Long term fixes are great for people who want a high degree of certainty over their outgoings for many years. However, clearly the best deal to tie yourself in to for the long term is the one with the most competitive rate.
Abbey has just launched a new 10 year fixed rate mortgage with a reasonable £499 upfront fee and a rate of 5.34%, and has a 15 year fix at 5.39% with a £599 upfront fee which can be added to the loan.”
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