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Secret tips to sell and move in before Christmas
16 November / 2018

How to avoid buyer’s remorse
15 November / 2018

Government sets eyes on AML violations in the property industry
1 November / 2018

The Guild comments on the Autumn Budget
30 October / 2018

What are the 10 biggest turn-offs for home buyers?
25 October / 2018

Should you buy, sell or trade up before Brexit?
19 October / 2018

Splashing Out: Bathroom Bliss
18 October / 2018

For sale: Five of the best gorgeous gardens
18 October / 2018

What to avoid when buying a property for the first time
28 September / 2018

The Guild launch event in Northern Ireland a huge success
27 September / 2018

An interview with Wilsons Auctions
20 September / 2018

Northern Ireland - The happiest place to live in the UK
11 September / 2018

Competition: Win a luxury hamper from Regency Hampers
7 September / 2018

The Guild expands to Northern Ireland
4 September / 2018

VIDEO: How to get more property viewings
24 July / 2018

Which room convinces you to buy?
23 July / 2018

VIDEO: How to take the stress out of moving
11 July / 2018

VIDEO: Top tips to renovate a property
4 July / 2018

The Guild launches in Northern Ireland
28 June / 2018

Win a birthday cake to celebrate The Guild’s 25th anniversary
22 June / 2018

Video: How to upgrade your home for less
14 June / 2018

Video: How to turn your homes weaknesses into strengths
7 June / 2018

Video: Can your garden add value to your property?
31 May / 2018

Video: How to know when it's time to sell your home
24 May / 2018

Video: How can you become an estate agent?
18 May / 2018

Video: How to buy land and build your dream home
11 May / 2018

How to take the stress out of moving house
27 April / 2018

How to upgrade your home for less
24 April / 2018

Video: How to spot an overpriced home
10 April / 2018

Video: Upsizing in 2018
6 April / 2018

The Best British Villages You've Never Heard Of
4 April / 2018

Video: How to homestage your property to sell
4 April / 2018

Renovating a derelict home
28 March / 2018

How to know when it's time to put your home on the market
16 March / 2018

The Guild's reaction to the Spring Statement 2018
14 March / 2018

What are the Benefits of Downsizing in 2018?
13 March / 2018

Spring Statement wish list
9 March / 2018

Video: Sell Your Home Through the Modern Method of Auction
9 March / 2018

Property Predictions for the Housing Market in 2018
7 March / 2018

Top 10 ways to add value to your garden
6 March / 2018

Secret tips to sell and move in before Christmas
19 November / 2018

VIDEO: How to get more property viewings
24 July / 2018

VIDEO: How to take the stress out of moving
26 October / 2018

How to take the stress out of moving house
20 June / 2018

Video: How to homestage your property to sell
4 April / 2018

How to know when it's time to put your home on the market
22 May / 2018

Property Predictions for the Housing Market in 2018
21 June / 2018

Top 10 ways to add value to your garden
21 June / 2018

How to avoid buyer’s remorse
19 November / 2018

What are the 10 biggest turn-offs for home buyers?
25 October / 2018

Splashing Out: Bathroom Bliss
18 October / 2018

For sale: Five of the best gorgeous gardens
18 October / 2018

What to avoid when buying a property for the first time
26 October / 2018

Which room convinces you to buy?
9 August / 2018

VIDEO: Top tips to renovate a property
4 July / 2018

Video: How to turn your homes weaknesses into strengths
21 June / 2018

Video: How to know when it's time to sell your home
24 May / 2018

How to upgrade your home for less
24 April / 2018

Video: How to spot an overpriced home
22 May / 2018

Video: Upsizing in 2018
6 April / 2018

Renovating a derelict home
28 March / 2018

Video: Sell Your Home Through the Modern Method of Auction
21 June / 2018

Government sets eyes on AML violations in the property industry
1 November / 2018

The Guild comments on the Autumn Budget
30 October / 2018

The Guild launch event in Northern Ireland a huge success
27 September / 2018

An interview with Wilsons Auctions
21 September / 2018

Competition: Win a luxury hamper from Regency Hampers
15 September / 2018

The Guild expands to Northern Ireland
4 September / 2018

The Guild launches in Northern Ireland
29 June / 2018

Win a birthday cake to celebrate The Guild’s 25th anniversary
22 June / 2018

The Guild's reaction to the Spring Statement 2018
14 March / 2018

Spring Statement wish list
9 March / 2018

Should you buy, sell or trade up before Brexit?
19 October / 2018

Northern Ireland - The happiest place to live in the UK
11 September / 2018

The Best British Villages You've Never Heard Of
4 May / 2018

Video: How to upgrade your home for less
14 June / 2018

Video: Can your garden add value to your property?
31 May / 2018

Video: How can you become an estate agent?
18 May / 2018

Video: How to buy land and build your dream home
11 May / 2018

What are the Benefits of Downsizing in 2018?
16 March / 2018

Fixed or Variable?

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Fixed or Variable?

Selling GPEA 6th September 2016

Fixed or variable?


Falling funding costs and a recent cut in the Bank of England Base Rate means that the choice of mortgage deal is as good as it’s ever been for borrowers.  

Fixed rates are currently at record lows, so now is the perfect time to protect your mortgage payments for the foreseeable future by locking in to one of today’s highly competitive rates. 

With talk of another cut in the base rate later this year, some borrowers will be attracted to variable rates, such as trackers or discounts, and the chance to make savings now. Many of these deals also come with no Early Repayment Charges, so the flexibility on offer can prove useful.

It is worth noting however that, since the base rate cut, some lenders have already increased the margins on their tracker mortgages, and others are likely to follow suit. 

It is also worth checking the small print, as some tracker deals contain a collar, which would prevent it from dropping any further.

The choice of mortgage comes down of course to personal preference, but it’s important to consider how much room you have in your budget to cope with rising payments.

Anyone concerned about the prospect of an increase should look to fix now and take advantage of some rock-bottom rates.