A five year fixed rate mortgage will protect you against potential interest rate rises as your mortgage repayments will remain fixed for the length of the agreement. Use the table below to compare five year fixed rate mortgages.
Compare five year fixed rate mortgages
Use our table below to compare our most popular five year rate mortgage deals.
If you would prefer to speak to an expert adviser, call our mortgages service provided by Seico Mortgages on 0800 840 6500.
0800 840 6500
| Company | Loan to Value | Initial Rate | APR | Period | Details | |
|---|---|---|---|---|---|---|
 | 75% | 4.19% | 4.3% | 60 Months | £999 product fee | Proceed |
| 85% | 5.29% | 4.8% | 60 Months | £999 product fee | Proceed |
 | 75% | 3.59% | 4.4% | 60 Months | £1,495 arrangement fee | Proceed |
| 75% | 3.89% | 4.4% | 60 Months | £495 arrangement fee, free legal fees for remortgages, free valuation | Proceed |
Why choose a five year fixed rate mortgage
Five year fixed rate mortgages often come with a higher arrangement fee than two year fixed rate deals. Despite this, they remain popular with borrowers as your monthly repayments are fixed for a five year period, which means if interest rates increase your monthly repayments will remain the same.
However, if rates drop during the five year period you will not benefit from the lower mortgage interest rates that are available. Also, if rates do rise over the five year period you could end up having a sharp increase in your monthly repayments when your five year deal ends.