Homeowners have increasing reason to consider longer term mortgages over shorter deals, as the cost of borrowing grows. Currently, the interest rate on Barclays' cheapest 10-year fix is actually lower than any two-year fix – a very rare situation. However, you'll need a decent deposit or equity to get this top rate, plus there are pros and cons to locking in for longer – here's what to watch out for.
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'Barclays' top 10-year mortgage fix is now cheaper than any two-year deals - here are the pros and cons of locking in for longer'
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MSE News: Barclays' top 10-year mortgage fix is now cheaper than any two-year deals
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