Is the cheapest mortgage a fixed rate deal?
When searching for lenders cheapest mortgage offers currently fixed rate deals are highly competititive.
As swaps have fallen fixed rate mortgages have become very much cheaper than they were at the start of the year.
There are several competitive fixed rate mortgages currently on offer including one from Tesco at under 2%. However to be considered for Tesco's latest offering you will need a 40% deposit. A 40% deposit is not realistic for many would-be buyers therefore this new deal may only be achieveable by a select few.
If you want to find the cheapest mortgage you are advised to call Deal Direct. As independent 'whole of market' mortgage brokers we have access to the entire mortgage market. We are not restricted to specific lenders which means our advice and quotes are not restricted either.
We work on your behalf and not that of the lender to achieve the most competititive offer possible. We will review your circumstances to ensure that we recommend the mortgage which is best suited to your needs.
Contact one of our impartial mortgage advisers to find you the cheapest mortgage available
Call an adviser today.
