Getting the best mortgage rates for a 5 year fix.
For longer term security a 5 year fix maybe the way forward, and getting the best mortgage rate is vital.
Since summer 5 year fixed rate mortgages have become highly competitive as rates have dropped. Lenders have access to cheaper funding and are heavily competing for new business.
Highly competitive rates are achievable if you have a reasonable deposit, the Post Office, Britannia BS and first direct all have 5 year fixed rates on offer at under 3%. Fees vary though between £999 and £1999 and deposits vary between 40% and 25%.
To compare the best mortgage offers for your circumstances contact Deal Direct. All costs and fees need to be factored in to come up with the best deal overall and this is best done by an impartial expert.
As a 'whole of market' mortgage broker we have access to all deals market-wide. If you are looking for longer term security we can compare mortgages that are fixed for 3 years and longer.
Since the Government gave lenders access to cheaper funding rates have fallen and competition in the market has increased. All fixed rate mortgage pricing has reduced. Whether you are looking for a 2 year fixed rate or a 10 year fixed rate we can find you the cheapest mortgage for your individual circumstances.
With a longer term fix you can have increased security and peace of mind. Do not delay, call Deal Direct and let us find the right mortgage for you.
Call an adviser today.
