Are you considering moving house or re-mortgaging for a more competitive rate ? If you plan to take out a new mortgage in the UK for either of these purposes you will be presented with numerous options: fixed variable rate discounted variable rate tracker mortgage But which type of mortgage is best? Is there one good option for everyone or does it depend on personal circumstances? During 2013 fixed rates were the most popular choice of home loan in the UK because they offer certainty regarding the amount of the monthly mortgage payments. This is of real benefit in a time of economic uncertainty. But now, in theory, we are moving out of the recession so is the need for such certainty so important? It is because, in reality there is still a lack of confidence in the economy and many people are still struggling with household and energy bills. There are still regular announcements of large scale redundancies in some parts of the country so fixed rate mortgages continue to be popular. Fix
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