A new range of 25% deposit fixed rate mortgages is launched by Skipton.
There maybe warnings of future fixed rate mortgage price increases as interest rates are predicted to rise, but that hasn't yet happened and now is a great time to be searching for a new deal.
A present rock bottom rates are on offer for those looking for fixed rates. For 60% LTV 2 year fixed rates start from 1.48%, and 5 year fixed rates from just under 3%.
Lower deposit mortgage rates are also improving with competition for 95% LTV business heating up, rates as a result are being slashed. So that's large and small deposit deals, but what about those with a medium 25% deposit, what kind of rate can they expect to find?
For 75% LTV Skipton Intermediaries has announced the launch of two new 2 year fixed rate mortgages.
There is a fee free 2 year deal on offer at 2.58% or a low £495 fee deal on offer at 2.38%. With these products comes the incentive of a free standard property valuation, and both property buyers and remortgaging home-owners are eligible to apply.
If you would like to make an immediate comparison of these 25% deposit fixed rate mortgages against the wider market, you can make an online comparison through Deal Direct. Just click on the red button below and within seconds you will have a comprehensive list of the mortgages on offer for your loan to value level.
Alternatively if you would like to speak to a Deal Direct adviser for a personalised mortgage search call 0800 048 8828.
Our advice is impartial and honest. It is based on what you need and what is in your best interest and not the best interest of any lender.
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or call 0800 048 8828 now and speak to an adviser.