Should you fix your mortgage for 10 years?

%VIRTUAL-SkimlinksPromo%As Leeds Building Society launches an impressive new 10-year fixed rate mortgage, the Bank of England has suggested we follow other countries and start fixing our mortgages for longer. We take a look at the pros and cons of locking in.

In some countries borrowers can fix their mortgages for up to 40 years and now the Bank of England has indicated it wants UK borrowers to follow their example.