Financial Times - Nationwide offers 10-year fix
Nationwide has launched a range of 10-year fixed rate mortgages to capitalise on the demand for longer-term home loans.
Some of the rates on offer are particularly low and offer real long term payment security.
Aaron Strutt, product manager at broker Trinity Financial, told the Financial Times: “If borrowers are thinking about locking into a long term fix, they really need to make sure it is suitable for them. If they decide to sell the property early or their personal circumstances change, it is likely to be a costly process to get out of the mortgage.”
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