Call Deal Direct for the best fixed mortgage rates on offer.
With so many mortgage products in the market finding the best fixed mortgage deal can be a time consuming task. Why not let Deal Direct do all the hard work for you. We are constantly comparing and sourcing the best deals from lenders throughout the market to offer the lowest rates available.
Until recently 2 year fixed-rate mortgages were the most numerous and the most popular among borrowers. The short term fixed rates give security of consistent monthly payments with flexibility of switching to a lower rate in 2 years.
5 year fixed rate deals have become more competitive and more popular as borrowers are able to secure low rates for longer periods. Average rates for 5 year fixes have been falling, reducing the gap between the cost of 2 and 5 year deals.
As with any mortgage type, the best fixed mortgage deals are on offer for high deposit, low loan to value deals. Lenders are offering unprecedented low rates for both 2 and 5 year fixed rate deals for up to 60% loan to value, requiring 40% deposit.
5 year fixes are offered by a number of lenders at interest rates of around 3%, with some even below the 3% level. If you are looking for a longer term fix, there are some great deals on offer.
A Deals Direct we can source the best fixed mortgage rates and offer independent advice so that you get the best deals.
Call a Deal Direct adviser today.
