What is a fixed rate mortgage?
A fixed rate mortgage means your interest rate is fixed for the initial period of the mortgage deal. This means your mortgage payments won't go up or down during this time.
At the end of the initial period, you'll move on to a different rate. This is often our standard variable rate. You can find details about what happens after the initial period in your mortgage illustration.
At the end of the initial period, you'll move on to a different rate. This is often our standard variable rate. You can find details about what happens after the initial period in your mortgage illustration.
How to get a fixed rate mortgage
Get a Decision in Principle (DIP)
Get a Decision in Principle (DIP) to find out how much you could borrow. Choose how to get a DIP below.
You may need a DIP to make an offer on a home.
You may need a DIP to make an offer on a home.
Apply for a mortgage
Complete a full application online or over the phone.
If you have less than 10% deposit, you'll need to apply over the phone.
If you have less than 10% deposit, you'll need to apply over the phone.
Get your mortgage offer
We'll value your home and check your credit history. Then we'll be in touch within 15 working days.
Complete
Once the legal work is complete, you’ll exchange contracts if you’re moving home. Or you’ll move to your new mortgage deal if you’re switching.
Get a Decision in Principle
Apply online
Instant decision
Valid for 90 days
Doesn't affect your credit score
Find out if you can apply online and start our 10 minute application.
Speak to an expert
Talk to our mortgage specialists.
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More about fixed rate mortgages
Find out more about fixed rate mortgages in our helpful guide, including:
How does a fixed rate mortgage work?
Pros and cons of fixed rate mortgages.
What happens when a fixed rate deal ends?
Is a fixed rate mortgage right for me?
The interest rate you pay stays the same, even if interest rates elsewhere go up.
This makes it easier to budget for your monthly payments.
Things to consider with a fixed rate mortgage
If interest rates start to go down, you'll still have to pay the amount you agreed to.
Early repayment charges apply and other fees and charges may apply.
How much can I borrow?
Our borrowing calculator can tell you how much we may be able to lend to you.
Call us
Chat to our mortgage specialists about your options.
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Book an appointment
Book an appointment and we'll call you back.