Choosing the right mortgage can be a confusing and lengthy process which is why it's worth talking to a mortgage specialist like Hawkstone. We'll take time to understand your needs and goals and then explain all the options available in a straightforward and approachable way. With a fixed rate mortgage, the interest rate stays the same throughout the initial rate period which means your payment amounts and the length of the agreement are fixed.
You know exactly what you're paying each month - and changes to interest rates don't affect it. Tracker mortgages work at a set margin above the Bank of England base rate. So if the base rate is 0.5% and you're on a +2% tracker deal, you'll pay 2.5% interest on your mortgage. Tracker mortgage deals can last anything from one year, to the entire loan agreement.
You know exactly what you're paying each month - and changes to interest rates don't affect it. Tracker mortgages work at a set margin above the Bank of England base rate. So if the base rate is 0.5% and you're on a +2% tracker deal, you'll pay 2.5% interest on your mortgage. Tracker mortgage deals can last anything from one year, to the entire loan agreement.
Reviews (3)
Jessica Meaney
Dec 22, 2018
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Naomi Smith
Dec 01, 2018
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Michael was really helpful and very quick at getting things sorted for us when we moved home. He has been brilliant at getting great deals for us that I definitely wouldn't have been able to get it if I had attempted to get my own mortgage and he also went above and beyond at helping resolve some issues we had with our solicitor! Would definitely recommend!
Kathryn Heald
Oct 29, 2018
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