Mansfield launches a new 3 year fixed rate mortgage at 3.95%.
A new 3 year fixed rate mortgage has been introduced by Mansfield Building Society. The 3.95% mortgage rate is available for up to 95% LTV for first time buyers, as well as for those seeking to move to the next rung on the property ladder.
The range is limited to capital repayment loans only, however, some interesting benefits have been included. For instance, Mansfield offer you a basic valuation at no extra cost. In addition, no fees are charged for either application or completion.
When searching for a mortgage, it is crucial that deals are compared on a like-for-like basis. Some lenders offer low rates but include a high fee, making the deal much less competitive overall. Your mortgage is likely to be your biggest monthly bill, so it is important to factor in all the costs to make sure your repayment is as low as possible.
If you feel daunted about searching the whole of the market yourself, Deal Direct can do the hard work for you, saving you both time and effort. We have access to offers that are only available direct from lenders, which means we are optimally placed to find the best product possible for your requirements.
To find out about this and compare other mortgage deals available on the market, call Deal Direct now and speak to one of our highly trained experts.