April Mortgages has slashed rates on its long-term fixes, making it cheaper to lock in your repayments for longer.

The deals, which let you fix your rate for 5, 10 or 15 years, have all been reduced by up to 0.1% (that’s industry jargon for 10 basis points). That might not sound like much, but every little helps when it comes to mortgage costs!

Here’s what’s on offer:

• Five-year fixes: Starting from 4.8%
• Ten-year fixes: Starting from 4.85%
• Fifteen-year fixes: Starting from 4.95%

These rates could get even BETTER over time…

April Mortgages has a neat trick up its sleeve. As you chip away at your mortgage and your loan-to-value (LTV) band changes, your rate could drop automatically. This is on top of any potential house price growth, which would also lower your LTV.

What’s the catch?

Like all mortgages, there are fees to factor in:

• Completion fee: £995
• Application fee: £195

Why is April making these changes?

The company says it’s all about giving borrowers “peace of mind” and responding to what brokers are saying customers need. They’ve recently teamed up with more brokers too, including big names like Coreco and Tembo Money, so more people can access their deals.

What does this mean for you?

If you’re after the security of knowing exactly what your repayments will be for years to come, now could be a good time to see what April Mortgages has to offer. Just remember to weigh up the fees and compare them to other deals on the market to find the best fit for your circumstances.