Important Update: Temporary pause on new business while we upgrade
We're excited to share that we are preparing to launch a brand-new loans origination system as part of our transformation into a more modern mutual.
If you're an existing borrower with us, you can still make changes to your mortgage by visiting the Existing Mortgage Members webpage.
Mortgage Calculators
At Monmouthshire Building Society, we’ve been helping people make themselves at home for generations.
Our experience has taught us that there’s no such thing as the typical homeowner. That’s why we take a personalised approach, considering UK mortgage applications on a case-by-case basis. We welcome people from all walks of life to join the Society, including older borrowers, the self-employed, and those who don’t have a big deposit. Whether you’re looking to buy your first home, move somewhere bigger, or simply get a better deal, we can offer a mortgage that suits you.
With so many mortgage deals available, finding the right mortgage for you can seem tricky.
Our Mortgage Advisers are here to help and can discuss our best fixed rate mortgage options.
Found your dream home?
A fixed rate mortgage is a home loan where the interest rate stays the same for an agreed period of time. Many borrowers across the UK choose fixed rate mortgages because they offer predictable monthly payments and protection from interest rate rises during the fixed term.
Fixed rate mortgages are popular across the UK, particularly for homeowners who want stability and certainty over their monthly repayments. They can be a good choice if you prefer budgeting with confidence. Our team can talk you through our best UK mortgage deals.
UK mortgages generally include fixed rate, variable rate, tracker and discounted mortgages. Each mortgage option suits different needs, depending on factors such as how long you plan to stay in your home and whether you are looking for flexibility or payment certainty.
With fixed rate mortgages, your interest rate stays the same for a set period, while variable rate mortgages can go up or down in line with market changes. Many people searching for UK mortgages choose fixed rates for peace of mind, especially during uncertain economic conditions.
The best mortgage deals UK borrowers can access depend on factors such as deposit size, property value, income and credit history. Comparing products from building societies and lenders, and getting advice where needed can help you find a mortgage that suits your needs.
Yes, many mortgage deals UK lenders including MonBS offer are designed specifically for first-time buyers, including fixed rate mortgages. These can help new buyers manage their finances more easily by keeping repayments consistent during the early years of home ownership.
If you already have a mortgage, you may be able to switch to a MonBS fixed rate mortgage when your current deal ends. This is often called remortgaging and is a common way UK homeowners assess the market and look for new mortgage deals that suit them better financially.
Fixed rate mortgages are not always more expensive than other mortgages. Whilst the initial rate may sometimes be higher than a variable option, the stability they offer can be valuable. Comparing the overall cost, including fees, is key when reviewing UK mortgage deals.
The right fixed term depends on your personal circumstances. Shorter fixed rate mortgages may offer more flexibility, while longer fixes provide longer-term certainty. UK borrowers should consider future plans, potential rate changes and their payment stability requirements.