The Telegraph - Borrowing gets even cheaper as lenders slash ten, five and two-year fixed rates
Borrowing gets even cheaper as lenders slash ten, five and two-year fixed rates. Although, some of the rates are available for ten days only.
Mortgage borrowers can for the first time take out a 10-year fix for under 3pc, with just a 20pc deposit.
Aaron Strutt, of broker Trinity Financial, spoke to The Telegraph and said the lenders hope that by limiting deals to a short window customers will be spurred into action. “Santander has made a habit of doing that in recent years.”
“Rates are really cheap at the moment. They could go down slightly, it’s hard to tell, but it’s clear that the rates on offer now are extremely good value.”
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