Once this period has expired then the mortgage rate will typically revert to the bank's typical variable rate.
If you want to narrow down your search then contact a reputable estate agent, they can save you time, money, and frustration.
An Essential Short Guide To Mortgages. Interest rates are variable, making the purchase of a home a stressful exercise. That stress is compounded by the fact that a home is probably going to be the largest investment that anyone will ever make during their lifetime.
5. Research. It's well worth the effort to do your research into what the various lenders are offering in terms of mortgages.
A pro hint. Use the Internet for research, those mortgage calculators will give you great baseline information that will help you to narrow down your search.
It is human nature to aim for the stars, but buying a home is a financial decision.
