What are the best fixed rate mortgages on offer?
With interest rates not set to rise for the time being, fixed mortgage rates are likely to remain at record lows for the time being. Poor global economic data has sent wholesale rates falling, which is a major factor in keeping mortgage rates low.
Highly competitive fixed rates are on offer across all length terms and deposit levels. Highlights include:
2 year fixed rates for 60% LTV
- Norwich & Peterborough BS - 1.49% with a £676 fee
- Chelsea BS - 1.44% with a £805 fee
- Chelsea BS - 1.74% - fee free with £250 cashback
2 year fixed rates for 90% LTV
- Loughborough BS - 2.29% with a £599 fee
- Chelsea BS - 2.54% - fee free with £250 cashback
3 year fixed rates for 60% LTV
- HSBC - 1.89% with a £1,262 fee
- Yorkshire BS - 1.89% with a £1,305 fee.
3 year fixed rates for 90% LTV
- Coventry BS - 2.69% with a £999 fee
- Chelsea Building Society – 2.54% - fee free with £250 cashback
- Virgin Money - 2.78% - fee free
5 year fixed rates for 60% LTV
- HSBC - 1.99% with a £1,762 fee
- First Direct – 2.09% with a £1,748 fee
5 year fixed rates for 90% LTV
- Norwich & Peterborough BS - 2.98% with a £1,776 fee
- First Direct – 2.99% with a £1,748 fee
When searching for a mortgage, it‘s vital to compare all products on a like-for-like basis. You can see from the list of lenders products that comparing deals can prove difficult when offers vary so much. So to ensure you end up with the deal that is more affordable and competitive overall, call us at Deal Direct.
We will undertake a whole-of-market mortgage search comparing all lenders products to ensure you end up with the very best one for your deposit/equity level.
