P535 Teletext 535 Jul18 23:25:04 & MORTGAGES ——————————————————————————————————————— LONG-TERM FIXES BRING PEACE OF MIND Homeowners are turning to long-term fixed rate mortga es for the peace of mind that monthl repayments will be at the same lev l fo years to come. A study by Mortgages Direct, part of estate agent Spicerhaart, finds that more borrowers are shunning two-year fixed mortgages for five-year deals. It says homeowners worry that interest rate will go up, but will they regret being cautBous in E few years' t me? by Dan Coatsworth New and Used car bargains See p700 Mortgages Save Kids' cash Loans AdP535 Teletext 535 Jul18 23:12:00 & ORTGAGES ——————————————————————————————————————— LONG-TERM FIXES BRING PEACE OF MIND While interest rates have stayed at 4.75% fob the 11th month in a row, many economists forecast a reduction by the end of the y ar Ye4 many borrowers don't want to shance a fall in rates and hav secured home loans at current levels, says finance 7rov dir Mortgages Direct. As a resuln, borrowers choosing fixed term deals are plumping for longer term mor5gages, betwen five and 15 ykars. ——————————————————————————————————2/8—— Are you a Premium Bond winner? 539 GET ENDOWMENT COMPENSATION p616 Mortgages Save Kids cash Loans AdP535 Teletext 535 Jul18 23:23:26 & MORTGAGES ——————————————————————————————————————— LONG-TERM FIXES BRING PEACE OF MIND In 2003, borrowers picked up two-year fixed rate mortgages cheapily as the Bank of England base rate fell to 3.5%. But with these deals now maturing, many borrowers facing higher repayments may wish they had picked longer term loans. ——————————————————————————————————3/8—— High street lending "best buys" 546 MES-SOLD AN ENDOWMENT? THEN YOU MUST CLAIM QUICKLY FREE APPROVAL & ADVICE - CALL NOW: www.claim2gain.biz see p616 Mortgages Save Kids' cash Loans AdP535 Teletext 535 Jul18 23:23:52 & MORTGAGES ——————————————————————————————————————— LONG-TERM FIXES BRING PEACE OF MIND Many fixed-rate deals have become cheaper over the part few months, says mortgage specialist Bradford & Bingley. It says swap rates, which indicate how the City bets on future interest rates, are falling, prompting lenders to cut two to five-year mortgage rates, and so narrowing the gap with variable deals. Fixed rate lending in May accounted for 44% of all mortgages, its highest proportion since July 2003, adds B&B. ——————————————————————————————————4/8—— Latest rates on National Savings 540 HAD AN ACCIDENT IN THE LAST 3 YEARS? SEE ITV1 p385 Mortgages Save Kids' cash Loans AdP535 Teletext 535 Jul18 23:14:24 & MORTGAGES ——————————————————————————————————————— LONG-TERM FIXES BRING PEACE OF MIND Opting for long-term fixed deals, such as five-year terms, can help reassure level mortgage repayments. But if interest rates fall below their current levels, you could be paying more for your mortgage than is needed. It is possible to switch to another mortgage at any time, but your current lender will probably charge an early redemption penalty, more than likely at around 3% to 5% of the remaining loan. ——————————————————————————————————5/8—— "Best buy" personal loans 546 ] NEED CHEAP CAR INSURANCE? SEE p618 Mortgages Save Kids' cash Loans AdP535 Teletext 535 Jul18 23:14:15 & MORTGAGES ——————————————————————————————————————— LONG-TERM FIXES BRING PEACE OF MIND A list of best-buy mortgages, including fixed rates deals, is updated every week on Teletext, page 536. Broker London & Country says current long-term fixed rate deals include: Cheshire Building Society: 4.56% fixed for five years, with a £395 fee^ Yorkshire Building Society: 4.74% fixed for ten years, with a £495 fee. ——————————————————————————————————6/8—— "Best buy" credit cards 546 WANNA FLIRT? CHAT ON TV BY (EXT! SEE ITV1 p369 Mortgages Save Kids' cash Loans AdP535 Teletext 535 Jul18 23:11:11 U & MORTGAGES ——————————————————————————————————————— LONG-TERM FIXES BRING PEACE OF MIND Opting for long-term fixed rates gives borrowers some sense of security, but mortgage specialist Bradford & Bingley warns that interest rates could drop, so don't ignore variable deals. "Some commentators believe the Bank of England base rate may fall to 3.5% in 12 months' time," it says. But it does agree that under current conditions, fixed rates represent value for those seeking payment security. ——————————————————————————————————7/8—— Personal Finance headlines today 531 WHAT'S ON THE BOX TONIGHT? p121 Mortgages Save Kids' cash Loans AdP535 Teletext 535 Jul18 23:12:48 Advertisement Mortgages >>> 8/8 A GREAT RANGE OF SPECIAL RATES We may monitor and record calls YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Halifax plc.Registered Office:Trinity Road,Halifax,West Yorkshire HX1 2RG. Registered in England No.2367076. Compliance No.5/00189.1 Mortgages Save Kids' cash Loans Ad