Broker poll: Can fixed-for-term mortgages work?

We have already seen more lenders offering 10-year fixed deals and the Intermediary Mortgage Lenders Association (IMLA) suggested lifetime fixed deals could help first-time buyers.

Last month Mortgage Solutions revealed that the first fixed-for-term products could be launched during the second half of 2020 or early 2021.

So this week, Mortgage Solutions is asking readers whether there is a good market for them.

Do you think fixed-for-term mortgages will be successful?

Yes, they will be popular

Maybe, but it's likely to be a niche product

No, there’s very little interest

Don't know

• Yes, they will be popular
  36.4%
• Maybe, but it's likely to be a niche product
  34.3%
• No, there’s very little interest
  22.3%
• Don't know
  7.1%

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