UK mortgage rates are fluctuating.
As mortgage rates continue to fluctuate, there is also suggestion of a continued widening of house prices between the south of the country and the north.
The Centre for Economics and Business Research is predicting this north-south divide for the housing market may widen further during 2012.
House prices in London continue to rise due to foreign investments and demand for prime properties in the capital and the south east.
This is in stark comparison to the north of the country which has seen a fall in property prices, particularly in the north east area. It is thought that this will continue in 2013 but at a less rapid rate.
So if this north-south difference is affecting your house move and mortgage prospects contact us at Deal Direct. We are adept at finding the most competitive mortgage rates to ensure we find you the best deal, whether you are moving areas or wanting to release equity in your home.
Deal Direct search the whole of the mortgage market to find the latest lenders offers and the most outstanding deals.
A good fixed rate mortgage offer is available from the Leeds Building Society. It has a 3 year fixed rate deal starting at 3.49% for LTV of 75%. It then goes on to the Society's SVR, which is currently set at 5.69%.
If you combine this mortgage deal with the Building Society's home insurance then you can get a similar deal but with an added discount of 0.24% on the initial interest rate. There is a booking fee and completion fee on this mortgage totalling £999.
For further competitive mortgage rates and great deals we recommend you contact us here at Deal Direct.
