Types of loans available


Please select from the list below to find out more about the different loan types.

Fixed rate loan

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Fixed rate loans protect you against interest rate changes for an agreed time, so you have peace of mind knowing your repayments won't increase. However, you won't benefit if rates go down during the fixed term.
Advantages
  • When interest rates rise, your repayments won’t
Disadvantages
  • Reduced flexibility
  • Extra repayments can mean early repayment costs 


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