Year fixed rate remortgage package. After the discount period ends, you'll normally start to pay the lender's standard variable rate - so there may be a big increase in your monthly repayments. Apr 3% to 30/11/08 details purchase & remortgage 5% alliance & leicester 4. 64. Apr 6% to 31/01/17 details purchase & remortgage 5% portman building society 4. 99. The rate is variable - so you benefit from interest rate falls. These products are popular because they are useful for budgeting and could even save you money if rates look likely to rise in the coming months. If you do decide fixed rates are for you, consider your personal circumstances in deciding which product to take, not just the rate.

No early repayment charge past the end of the fixed rate period. You only have to pay a charge when the mortgage deal you have chosen is subject to an early repayment charge. We dont expect any more interest rate reductions until possibly the end of the year. Since regulation, mortgage interviews are much longer so its also far more time- consuming to shop around. Once the fixed rate period is at an end, your repayments will revert to our standard variable rate. Find a cheap mortgage now.

Have you thought about how you're going to repay your mortgage ?During this time, you'll make the same monthly payments, whether interest rates go up or down. A fixed rate is a home loan where the rate of interest you pay is fixed up front for a specified period  for example, 4. 9. It doesn't matter which mortgage deal you choose, you'll be able to. To remortgage. If you move to another rate before the end of the fix you will normally face early repayment charges.

We therefore dont think rates will move before the end of 2005, and there may then follow a quarter point rise. Our standalone variable mortgage rate 6. Choose your mortgage and use our online calculator to find out your monthly payments. Online banking demo our fixed rate mortgages. There is an  early repayment charge if you repay your mortgage or more than 10% in any year during the fixed- rate period. Step 4: choosing how you repay the mortgage. Your existing lender may charge you for moving your mortgage.