UK specialist Mortgage Lender Kensington Mortgages has introduced a 40-year, fixed rate mortgage deal which will allow aspiring homebuyers to borrow more money than from a standard deal. It allows borrowers to fix their interest rate for the full term of between 11 and 40 years.
The deal is available to borrowers with deposits of between 5% and 40%. Interest rates for people fixing between 36 and 40 years will start at 3.34%. For those fixing between 11 and 15 years, rates will start at 2.83%.
For more information regarding their 40-year deal, head over to Kensington Mortgages.
The world of Property is a difficult one to master, even more so in the current state of the world. Knowing what mistakes to avoid and what advice to follow can be challenging – so we have made it simple:
This article is copyright © 2022