Essential mortgage information simplified.
Read helpful guides on buying your first home, see the latest mortgage rates and more.
From capital raise to switching lenders, learn how to remortgage quickly and efficiently.
Costs, taxes, and profit-making: learn all you need to know about buy-to-let mortgages here.
Moving up the property ladder? Discover mortgage tips and advice for a smooth homebuying process.
Fixed-rate mortgages offer a fixed rate of interest for a specified period. This fixed period is typically between two and five years, although some lenders may offer fixed-rate mortgages over ten years or longer.
Having a fixed-rate mortgage will mean that your monthly mortgage payments remain the same for the entire fixed term, despite changes to the base rate set by the Bank of England. Fixed monthly repayments can provide stability and help you budget for your monthly expenses.
Fixed-rate mortgages are the most popular type of mortgage in the UK. But remember, when your fixed period ends, you’ll move to your lender's standard variable rate mortgage unless you remortgage to get a new fixed-rate deal.
How to apply for a mortgage
Getting a mortgage is a big financial decision; you’ll need to consider whether you can afford to keep up repayments for the foreseeable future and if interest rates were to rise in the future.
It’s worth taking the time to research your options and make sure you have a reasonable deposit and good credit history before applying for your mortgage. Our expert mortgage brokers can help you find the right mortgage deal for you, taking into account your circumstances.
Jonathan Bone - Lead Mortgage Adviser
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Important info & marketing claims
You may have to pay an early repayment charge to your existing lender if you remortgage. Your savings will depend on personal circumstances.
Your home may be repossessed if you do not keep up repayments on your mortgage.
*The savings figure of £506 is based on Better.co.uk remortgage customers in December 2023. Read more on our marketing claims page.
We can't always guarantee we will be able to help you with your mortgage application depending on your credit history and circumstances.
Average mortgage decision and approval times are based on Better.co.uk's historic data for lenders we submit applications to.
Tracker rates are identified after comparing over 12,000 mortgage products from over 100 mortgage lenders.
As of January 2023, Better.co.uk has access to over 100 lenders. This number is subject to change.
For buy-to-let landlords, there's no guarantee that it will be possible to arrange continuous letting of a property, nor that rental income will be sufficient to meet the cost of the mortgage.