To secure the best fixed rate mortgage call Deal Direct.
The best fixed rate mortgage will depend on how long you want your fixed rate for and the level of loan to value band that you are in. For the latest rates and fixed rate options from throughout the mortgage market call Deal Direct.
Lenders are offering a wide range of different products, including 2 year, 3 year and 5 year fixed rate options. It may be more unusual to have a fixed rate deal for longer but 10 year fixed rate offers are also available. If you are comparing rates within the same loan to value band, generally the longer the term the higher the rate is likely to be.
Different fixed products may also have different rates for different levels of loan to value. For example a 2 year fixed term product could have quite different rates for loans of 40%, 75% and 95%. If you are comparing rates for the same fixed period, generally the higher the loan to value, the higher the rate is likely to be.
With other variables such as fees and early redemption charges there are a lot of choices and it can be confusing if you are not familiar with the way lenders present their products. To find the best fixed rate mortgage you need to take account of all the variations from each lender to assess the overall costs.
As whole of market advisers, Deal Direct can find you the best fixed rate mortgage from a wide selection of products from different lenders.
Call one of our highly skilled impartial mortgage advisers today.
