New Barclays 5 year fixed rate remortgage fee free at 2.99%.

Property prices are on the up and mortgage rates are falling making now a good time to remortgage and release equity in your home.

For those with 40% equity Barclays has launched a new 5 year fixed rate remortgage, which is it offering fee free. For 60% loan to value a rate of 2.99% is on offer.

The rate in itself is competitive but added to that is the fact the deal is offered fee free. This is highly significant and improves the overall affordability of the deal compared to other lender's offers.

To apply for this great new mortgage call a Deal Direct adviser on 0800 048 8828.

When remortgaging it  is vital that you consider all factors and compare products on a like for like basis.

While you may be able to find other 5 year fixed rate remortgage deals on offer at 2.99% and below, it generally remains true that low rates often come with high fees. For example NatWest offers a rate of 2.59% for 60% loan to value HOWEVER a fee of £1,995 is charged. After factoring high fees other lower rate deals actually work out less affordable. 

In addition to offering this new fee free 5 year fixed rate remortgage Barclays has also reduced rates on various other fixed rate mortgage deals within its range.

For 60% loan to value a 2 year fixed rate mortgage is available at 2.09% with a £999 fee and for 70% loan to value the rate is 2.23% with the same fee.

Regardless of your circumstances and deposit level independent 'whole of market' broker Deal Direct can find you the most competitive mortgage on offer.

Call today for a market-wide product review.

Let Deal Direct help you switch to a cheaper mortgage.

Call 0800 048 8828.