The best mortgage rates may have reduced fee incentives.
If you are looking for the best mortgage rates, some recent research suggests that taking out a long term fixed rate deal offers good value.
During the last few months some lenders interest rates for many mortgage products have increased and yet many have reduced selected rates.
This may have been a confusing time if you have been searching for a more cost effective mortgage deal.
For comprehensive mortgage quote and unbiased mortgage advice, including information on fixed rate products and offers contact us at Deal Direct.
At Deal Direct we offer whole of the mortgage market deals and ensure we find the best deal to meet your specific criteria and needs.
If you are a homebuyer looking to remortgage for the best mortgage rates, and you would like the reassurance that your monthly repayments will remain the same, then a fixed deal may be the one for you.
It appears unlikely that interest rates will fall dramatically in the short term, but many lenders may still announce some competitive offers.
The Clydesdale Bank is one of those offering some good long term fixed rate deals.
They have a five year fixed rate mortgage at 3.79% for 65% LTV. They are also offering the incentive of no arrangements fees on some of their fixed and variable rate mortgages. This could save you £999 if you remortgage with them. They will also pay your legal and valuation fees if you switch to a Clydesdale mortgage from your lender. This is as long as you use their legal and valuation team.
We recommend you give Deal Direct a call to find the best mortgage rates.