Visit us at the top of Market St. in Kettering Pop in for a cup of tea to discuss your mortgage at 2 Church Walk, Kettering, Northants NN16 ODJ
or CONTACT US HERE...
Base/Variable Rate Mortgage - Best4U Kettering Northamptonshire
Variable Rate Mortgages use the lenderâ€™s basic mortgage rate. It will vary as interest rates change over time.
As the interest rate will fluctuate, this type of mortgage makes it less straight forward for you to budget. While you will benefit if interest rates fall, you will also be worse off should they rise.
Dependent on how low the lenders base/variable rate is and with many other products available, it may be in your interest to move to a mortgage with a special rate, such as a fixed, capped or discounted product to protect against future rises.