Long-term fixed rates from 3.40% for up to 30 years still look like good value
10 February 2025
With the lowest rate in the market being 3.10% for a 4-year high-value green mortgage, it certainly seems like longer-term fixed rates starting at 3.40% represent good value.
Over the past number of years, we have switched a large number of mortgages, typically for fixed terms, ranging from 3 to 7 years. Our experience is that customers are reluctant to fix for much longer than 7 years, but given the uncertainty in the market now, and into the future, and given the new range of longer-term rates available, these are well worth considering.