New Mortgage Guides

Other Mortgage Guides

Mortgage Types

Mortgage Tools

Financial Services > Mortgages > Fixed Rate Mortgages > Long term fixed rate mortgages
Bookmark and Share

What is a long-term fixed-rate mortgage?

In other countries, it is quite common to have a fixed rate for the whole term of the mortgage. However, in the UK such long-term fixed rate deals have not caught on.

The previous government was keen on 25 year fixed rates being introduced, but the homebuying public is not keen and currently, there are no mainstream lenders offering 25 year fixed rates.

There are however a couple of 10 year fixed rate deals. The advantage of fixing for such a long period is that you avoid any upward movements in base rate.

The downsides are that you are trapped into a rate by high penalty charges so you can't get out if you want to and also that variable rates currently on offer are better than those offered on long-term fixed rates.

How do I find the right mortgage deal for me?

For more information about mortgage deals currently on offer, use our mortgage enquiry form below and get free advice from a specialist mortgage advisor.

Lender Initial Rate Duration Standard Rate Overall Cost For Comparison Max Loan To Value Fee
  • Santander Direct Trackers

1.95% 2 years 4.24% 4% APR 60% £1,995
  • Skipton BS Purchase Tracker

1.98% 2 years 4.95% 4.8% APR 60% £1,995
  • Chelsea BS

1.99% To Nov 2013 5.79% 5.4% APR 70% £1,495
  • First Direct Repayment BRT

2.09% 2 years 3.69% 3.5% APR 65% £1,499
  • Skipton BS Remortgage Tracker

2.28% 2 years 4.95% 4.8% APR 60% £995
  • Yorkshire BS

2.29% To Nov 2013 4.99% 4.7% APR 75% £995
  • Market Harborough BS

2.48% 2 years 5.49% 5% APR 75% £845
  • ING Direct

2.49% term 3.5% 2.5% APR 60% £945
  • Woolwich (Barclays) Tracker

2.58% Term 3.49% 2.6% APR 70% £999

Receive Mortgage Advice from a Regulated Advisor

Mortgage advice

There is no better time to be seeking suitable mortgage advice from a Regulated mortgage advisor

Submit your details today for an obligation-free chat and a regulated mortgage advisor will call you back to help you find the mortgage that best fits your needs.

We will only provide your details to one regulated advisor.

Your mortgage

 * Help
 * Help
 * Help

About you


Questions marked with * are required

Please be aware that the advisor who contacts you will be a third party advisor who has no connection with us. There is no charge to you for using this service. We are paid by charging your assigned advisor a fee for this service. Any advice or assistance given to you by a third party advisor does not represent our advice or assistance and is not checked or endorsed by us. It is your decision whether or not you act on any advice or assistance you are given.

By clicking “Proceed” you confirm that:

  • You accept our Terms of use and
  • You would like to be contacted by a regulated third party advisor to discuss your needs.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Financial Services Net Limited and other trusted 3rd parties would like to keep you advised via e-mail or telephone of products, services and other exciting offers we think may interest you. Please untick this box if you do not consent to us contacting you for further information.

Bookmark and Share
news news rss
Mortgages News

Mortgages cheaper than when base rate first fell to 0.5%

Mortgage lender fined for treating customers unfairly

Low base rate leaves borrowers £51bn richer

Mortgage lenders

Browse mortgage lender offersMortgage Rates by Lender

  • Browse current mortgage offers from over 90 lenders.

Worried about mortgage repayments?Worried about Mortgage Repayments?

  • Join our petition to Government to bail out burdened individuals, not just banks.

Free mortgage quoteFree Mortgage Quote

Mortgages in Scotland Mortgages in Scotland

Equity releaseEquity Release

  • Unlock equity in your home.

Switching mortgagesSwitching Mortgages

Home reversion plansHome Reversion Plans

Commercial mortgages Commercial Mortgages

  • Commercial property loans
  • Starting a business?

Arrears & CCJs?

  • Remortgages
  • Sub prime mortgages
  • Arrears, CCJs
  • Self certification
  • Debt consolidation

Protect your mortgageProtect Your Mortgage

  • 3 months free mortgage protection cover

Mortgage Newsletter