Best fixed mortgage rate deals offered at high LTVs are helping first-time buyers.

Mortgage providers best fixed mortgage rate deals offered at high loan to value levels, are really helping first-timer buyers put a first foot on the housing property ladder.

Those who are saving to buy a home this year will have less to save as many lenders now offer new best fixed mortgage rate products for both 90 and 95 per cent loan to value levels.

A quick look at lenders on the 10 per cent deposit mortgage tables reveals HSBC, Leeds, Santander and Chelsea building societies all have products on offer.

Lenders are tightening their criteria though and so it is recommended to be assured of a deal for 90 or 95 per cent loan to value, you make your application as attractive as possible.

It is also important to avoid applying erratically to many different lenders. Out of curiosity to see what will be offered, some applicants apply to numerous lenders at the same time. Be warned though as if you are turned down by a lender your numerous applications could be a costly mistake.

Banks trace your footsteps through your credit file and a mortgage refusal will not be viewed in a positive light.

If you believe you could encounter problems with a mortgage application, it may be a good idea to contact an independent 'whole of market' mortgage broker such as Deal Direct to conduct the search on your behalf.

Deal Direct are fully up to date on mortgage providers criteria and best fixed mortgage rate products. We are therefore best placed to navigate the quickest route to mortgage approval on your behalf. We will search the market for you to find the best deal available.