City AM - Brexit and fixed rates, how long should borrowers hold out for?
Aaron Strutt of Trinity Financial told City AM that rates on two, three, five and 10 year fixed deals will all become cheaper, as the cost of funding comes down and the prospect of a rate rise from the Bank of England looks less and less likely.
“Coventry Building Society has launched a 5 year fixed rate at 2.09 per cent, albeit with a maximum loan value of 50 per cent, so you’d need a 50 per cent deposit to access it, which is quite large.”
Get started today
Speak to one of our mortgage experts. Book an appointment to come and see us or request one of our experts to call you.
As seen in
