What are the best mortgages on offer?
When considering the best mortgages currently on offer, several factors have to be taken into account.
Firstly financial circumstances have to be reviewed. Deposit available, income earned and credit rating form the basis of any mortgage search.
If you are a buyer with a large deposit of around 40% the most competitive deals on offer will be very different to those on offer to someone with a 5% deposit. For this reason we advise you to contact Deal Direct to discuss in detail your financial circumstances.
We will make a complete review of the most competitive products on offer which will be tailored to your needs. We will only recommended what is both appropriate to your needs and affordable for your circumstances.
Currently the best mortgages on offer for a fixed term include a 2 year fix from HSBC for 60% LTV at a rate of 2.64%, however this deal comes with a rather hefty £1999 fee. For a 3 year fix for 60% LTV the Leeds Building Society offer a rate of 3.25% with a lower £999 fee.
For those buyers not fortunate to have such a large deposit the rates are not so cheap. However one of the best mortgages on offer is again through HBSC, with just a 10% deposit the lender is offering a competitive 2 year fix at 3.84% with no fees.
The best deals on offer very much depend on your circumstances and with rates rising you are advised not to delay to source a competitive deal.
Contact Deal Direct and we will source an affordable mortgage for you.
