Finding a sub 3% 5 year fixed rate mortgage just got easier.

For several months remortgaging home-owners and new buyers have been living with the threat of rising mortgage rates.

However over the last week the clouds have begun to lift as the mortgage market once again heats up.

In an effort to encourage borrowing and hit their financial targets, lenders have began to cut rates.

There had been concern that the days of finding a 5 year fix at under 3% were over, however recent competition now means this is not the case. There are now many longer term fixes to choose from with rates starting from under 3%.

In fact the news is so good for borrowers that not only can you find 5 year deals at under 3%, you can also lock in for longer at the same price. Last week saw Virgin launch a 6 year fix at just 2.99%, if you would like a quote call 0800 048 8828.

When searching for a mortgage you will face so many choices, and it is essential to weigh up the benefits and overall affordability of each.

Making a 'like for like' mortgage comparison is vital if you are to end up with the most competitive product for your needs.

However working out which deal you should choose can be complex, and with the advised mortgage sale now a must finding the right 'independent' and impartial advice is more important than ever.

For a UK wide 'whole of market' mortgage review choose Deal Direct.

• We offer entirely independent advice based on your financial needs.
• We only ever recommend a mortgage that is in your best interest.
• We are here to get you the right mortgage at the right rate.
• We are here to make home-ownership as affordable as possible.

Call for independent advice and a low rate quote on 0800 048 8828.