What value if any do long-term fixed rates offer UK borrowers?

August 2007
Mortgage Strategy;8/13/2007, p23
Trade Publication
The article presents opposing views on the value offered by long term fixed rates to borrowers in Great Britain. Opinions come from Kent Reliance deputy chief executive officer Rob Procter and Abbey for Intermediaries managing director Ricky Okey. Procter believes that 25-year deals offer certainty in an uncertain world. On the other hand, Okey thinks that 25-year long term fixed rates tie clients in for too long.


Related Articles

  • Popularity of cheap 5-year fixes could tempt lenders.  // Mortgage Strategy;7/23/2012, p004 

    The article reports on the possibility that lenders would offer 5-year fixed rates below 3% to capitalize on the popularity of these products in Great Britain. Lending firms are likely to follow the launch of inexpensive direct deals by the banks HSBC and Santander. Your Mortgage Decisions...

  • Santander steps up aggressive BTL drive -- with more to come. Thomas, Paul // Mortgage Strategy (Online Edition);4/16/2014, p15 

    The article reports on the launching of a 4.34 percent five-year fixed-rate mortgage by lending company Santander for buy-to-let customers, in April 2014. It describes the features and coverage of the mortgage loan product. It also discusses the move of the company to reduce selected buy-to-let...

  • Mutual's plan for 25-year fix. Milner, Leah // Mortgage Strategy;8/6/2007, p14 

    The article focuses on the move of Kent Reliance to discard early retirement charges to its 25-year fixed rate products, in conformity with the government's plan to provide borrowers with better access to long-term fixes in Great Britain. The company believes that the initiative will attract...

  • Abbey and Halifax cut fixed rates by up to 0.2%. Thomas, Paul // Mortgage Strategy (Online Edition);5/23/2012, p7 

    The article reports that lenders Abbey for Intermediaries and Halifax have slashed fixed rate deals by up to 0.2%.

  • Abbey cuts selected fixed rates by up to 0.2%. Thomas, Paul // Mortgage Strategy (Online Edition);11/16/2012, p3 

    The article reports on the move of Abbey for Intermediaries (AFI) to cut selected fixed rates, such as its NewBuy rates, by up to 0.2% and launch a new 3.69% five-year fixed rate up to 75% loan-to-value (LTV) for its key accounts.

  • Abbey launches 1.99% seven-day special. Brennan, Henry // Mortgage Strategy (Online Edition);3/7/2013, p9 

    The article focuses on the plan of Abbey for Intermediaries to launch another seven-day special where it will offer a two and a half-year fixed rate at 1.99% in March 2013.

  • Abbey to launch 2.99% two-year fix at 80% LTV for seven days only. Thomas, Paul // Mortgage Strategy (Online Edition);6/6/2013, p3 

    The article reports on the plan of Abbey for Intermediaries to launch another seven-day key account exclusive, a 2.99 per cent two-year fixed rate available to 80 per cent loan-to-value from June 7-13, 2013.

  • Abbey launches FTB exclusives. Brennan, Henry // Mortgage Strategy (Online Edition);1/28/2013, p15 

    The article reports on the launch of a three-year fixed rate product at 4.89 per cent with no fee at 90 per cent mortgages by British finance firm Abbey for Intermediaries.

  • Quick fix.  // Money Marketing;6/2/2011, p27 

    The article evaluates the three-year fixed-rate mortgage from Abbey for Intermediaries.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics