A mortgage where the interest rate stays the same for a set period, such as two, three, five, or ten years, providing payment predictability.
By Justin Whitelock
Founder of Mortgage London (a trading style of City Finance Brokers Limited, authorised and regulated by the Financial Conduct Authority, FCA No. 766295)
A mortgage where the interest rate stays the same for a set period, such as two, three, five, or ten years, providing payment predictability.