A long term fixed mortgage that lets you fix your mortgage term from 11 to 40 years and pay a single fixed monthly payment that will never change.
All you need to do is decide for how long a mortgage term you'd like to fix your rate - from 11 years all the way up to 40 years. You can choose any term in between for example, it could be 11, 16 or 26 years.
Whatever number of years you choose, you will pay a fixed interest rate for the duration of the mortgage term, which means that your monthly payment will never change.
Then speak to your mortgage advisor who, based on your credit profile and deposit amount, will advise you how much you could borrow and what the fixed monthly mortgage payment will be – and remember, your monthly payment is fixed for the duration
of the loan.
If you don’t have a mortgage adviser, you might want to contact Like Mortgage Advice* who can offer you FEE FREE, no obligation advice on Kensington products – both before and during the mortgage application process.
Please note, Like Mortgage Advice can only advise you on Kensington Mortgage products, and do not advise on products provided by any other lenders.If you prefer, you can find your own broker by visiting unbiased.com where you'll find a list of advisers to choose from.
* Like Mortgage Advice Limited is an appointed representative of Hawke Financial Services LLP, who are authorised and regulated by the Financial Conduct Authority (FCA Register No. 478284)
Yes, if you want the long term certainty of fixing your mortgage for between 11 and 40 years.
Yes, if you’re looking for the stability of a single monthly mortgage payment that never changes.