10 year fixed rate mortgages are very in vogue at the moment, with them being discussed in the upper reaches of Gordon Brown's government. Whilst some have warned that they may not be suitable for all due to early repayment charges 'lock ins', they remain a growth area and one worth looking at if you are tired of remortgaging every few years.

The best 10 year fixed rate mortgages are offered by West Brom, Nationwide, the Woolwich, Abbey, Norwich & Peterborough and Kent Reliance at present: all have decent fixes below 6%. One that does stand out, however is the Scarborough Building Society 5.69%, fixed for 10 years with no arrangement fee. This is available up 90% loan to value with no higher lending charge. If you are remortgaging, they offer free legals via their panel conveyancer. They'll even accept a small measure of adverse credit, which is unusual for a small building society.

It stands to good reason to get independent mortgage advice from a broker before you commit to one of these deals, because their early repayment charges extend over 10 years and hence don't offer the flexibility of short term fixes or variable rates with no early repayment charges.

Blog: are long term fixed rates a good idea?