Act now and secure the lowest 5 year fixed rate.
Just 2 weeks after its launch HSBC has withdrawn its lowest ever 5 year fixed rate, proving that you need to act quickly if you want to secure the cheapest offer.
HSBC has said that funding allocated to its 2.99% low rate 5 year fix is exhausted due to high demand, it has therefore had to pull its offer.
This news is disappointing, however other lenders are still offering lowest ever 5 year fixed rates at below 3%.
Santander is offering 2.99% for 60% loan to value and NatWest has the 'newest' lowest ever 5 year fix at 2.95%, however fees on the NatWest deal are £1000 higher than that of Santander.
Nationwide has also released a longer term fix, a 4 year fixed rate is offered at 2.89%.
If you want to work out which is actually the most affordable deal after factoring in rates and fees you are advised to call Deal Direct.
Various lenders are cutting their rates and if you would like a comparison of the best deals on offer call one of our advisers today.
We are an independent 'whole of market' broker who are up to date on all rate changes and can find the most competitive offer available to suit your circumstances.
Call Deal Direct today for a low 5 year fixed mortgage rate.