Have we seen already the best mortgage offers or are there more to come?
We may have thought that the best mortgage offers were a thing of the past but a new wave of mortgage deals is increasing competition in the market, so call Deal Direct for the most competitive deals on offer.
A number of lenders are reducing the cost of fixed rate mortgage products, following speculation that interest rates may be cut even further by the Bank of England. If you are thinking of remortgaging in the coming months this is welcome news.
Some of the new rates are being set at around 3% for a limited number of 2 year fixed rate deals. However the very best mortgage offers are often only available for loan to values of around 60 to 70%. For remortgage, RBS/NatWest offer a rate of 3.35%, fixed for 2 years if you have 40% equity.
New rates are being offered with different advantages from each lender with various rates for different loan to value limits and varying fees. The calculation to get a real comparison can be quite complicated with all the different factors that need to be considered.
For independent advice call Deal Direct to help you make a mortgage comparison.
We have access to whole of market lending and can secure the best deals available to suit your situation. As we have seen in the past, some deals are only available for a very short time so to get the best mortgage offers you may need to act fast.
Call Deal Direct for a competitive mortgage offer.
