Call Deal Direct for details of recent cuts to 2 year fixed rate mortgage deals.
Competitive deals are available for a 2 year fixed rate mortgage, as rates have recently been cut by some lenders. Call Deal Direct for the latest rates from throughout the market.
Whilst many lenders are tightening their lending criteria, some lenders are cutting rates on some of their existing products. Fixed rate deals are currently a competitive area between lenders, perhaps in part due to the competition from low tracker rates that are benefiting from the low Bank of England base rate.
Speculation that the base rate could be reduced even further may continue to encourage healthy competition in the fixed rate market but some deals may only be available for a short time. If you need to remortgage or are just looking for a better deal, 2 year fixed rate mortgage offers may compare well with your current deal.
Barclays' two year fixed deal is offered at a rate of just under 3% for 65% loan to value for larger loans in excess of £500,000. A two year fixed remortgage option is on offer from RBS/Nat West at just over 3% for 60% loan to value and Yorkshire Building Society has cut rates on its 90% loan to value products with 2 year fixed rates offered at 4.59%.
These are just some of the examples of lenders offer, if you are looking for a 2 year fixed rate mortgage. Call Deal Direct for many more deals, as whole of market brokers we can offer you impartial advice and secure the best offers available.
