Standard Variable & Fixed Rate Loans

The variable rate loan offers more features and flexibility than the basic fixed rate loan, so the rate is usually slightly higher. Fixed rate loans are set at a fixed rate for a specified period – usually one to five years.

This gives you the advantage of knowing how much your repayments will be, allowing you to organise your finances without the risk of rising interest rates. However, this advantage is offset by the possibility of not benefiting from a drop in rates.

GET IN TOUCH to find out more – If you’d like to know more which loans best suits your lifestyle and needs, get in touch and one of our experienced lending specialists will gladly help you.