Competitive Vernon mortgage rates are available for a 5 year fix.
Vernon mortgage rates have been priced to offer home-owners a competitive 5 year fixed deal. The news is average rates for 5 year fixed mortgages are falling so now may the time to source a great offer through Deal Direct.
Average 5 year fixed mortgage rates have dropped from around 5.59 per cent to 4.86 per cent. This reduction in rates may spark a lot of interest from those affected by lenders recent SVR increases.
If your lender's SVR has increased and you feel your current deal is uncompetitive, 5 year fixed Vernon mortgage rates could offer you the security of knowing exactly what your monthly repayments will be for an agreed period.
We recommend that you contact us at Deal Direct if you are searching for the best 5 year fixed rate mortgage deal. As 'whole of market' brokers, we can find you the latest offers from lenders and take you through all of the options available.
Our experts ensure you get a mortgage deal that is right for you.
Average 5 year fixed rates have gradually fallen while other rates have increased. With the Bank of England base rate predicted to remain at 0.5 per cent for another 2 to 3 years, a 5 year deal could be a good choice.
Vernon mortgage rates are offered for various products, terms and loan to value levels up to 90 per cent. They also offer incentives with some products such as with assistance with fees.
If you would like information on Vernon mortgage products or would like a comparison against other lenders offers then contact Deal Direct today.
