Fixed rate mortgage deals

What is a fixed rate mortgage?

A fixed rate mortgage is where the interest rate stays the same for the length of your fixed rate mortgage term. It’s great if you want to know exactly what you’ll be paying each and every month.

Types of fixed rate mortgage

There is a wide range of fixed rate mortgage deals to choose from, with terms ranging from 2 up to 10 years, or sometimes longer.

The most common are:

• 2 year fixed rate
• 3 year fixed rate
• 5 year fixed rate
• 10 year fixed rate

Speak to your L&C mortgage adviser for more information on fixed rate deals.

How to find your fixed rate mortgage deal

• Use our Mortgage Finder to find mortgage deals
• We'll partner you with a dedicated mortgage adviser to guide you through the process
• Decide how long you’d like your deal to run for
• Start your application online when you're ready

It takes no time at all to get started

What you’ll need to apply for a fixed rate mortgage

To get the best fixed rate deal you have to show lenders you can afford the monthly payments. They’ll usually ask for:

• 3 - 6 months of pay slips
• 6 months of bank statements
• Proof of any benefits received
• P60 from your employer
• Utility bills
• Tax returns or accounts if you’re self-employed

Why use an L&C mortgage adviser

Your L&C mortgage adviser has access to over 90 lenders and 1000s of deals, so you can be confident they’ll find the best deal for your mortgage. You’ll can also:

• Compare mortgage rates online in minutes
• Use our Mortgage Finder to see deals you're most likely to qualify for
• Get advice and guidance at every step of the journey

From your first search through to application and approval, your L&C mortgage adviser does the legwork, so you don’t have to.

What is the average fixed rate mortgage deal?

Mortgage rates change every day, that’s why your mortgage adviser tracks the market in real time. And with our Rate check service, we make sure you’re still the getting the best deal.