General advice needed!

ljw_3

I live in Scotland, I've sold a house and banked the money. Now I've found a property for a fixed price of £495k and need a mortgage of £125k or £130k. I realise that this is a big deposit and that I should go whole of market, do some research myself and I think I would like the security of a 2 or 3 year fixed rate - but I'm just not sure about the process or where to start!

Any general advice would be gratefully received.

dimbo61

why 2/3 year fix WHY not longer ? say 5/10 ( ignore if moving again )
I like fixed deals as better security of payments.
If you can afford the mortgage and have huge deposit there are lots of deals out there.
Think offset if you want to clear mortgage ASAP try First Direct website !

ljw_3

Thanks for the response. I did consider fixing for longer but given that the rates appear to be falling at the moment I didn't want to get tied in to a higher rate. Unless, of course, I can find one that is fixed but falls if the rates fall - does anyone still offer that type of mortgage?