The Sunday Times - Top loans disappear quickly
Borrowers need to act fast to benefit from best buy mortgage rates, as top deals are being withdrawn after only a few of days.
Last Wednesday Virgin Money broke new ground by launching a six-year fixed-rate deal at 2.99%. However, the deal was so popular that it was withdrawn on Friday.
Aaron Strutt of the broker Trinity Financial said: “When a lender offers a standout best-buy mortgage, borrowers need to act quickly to secure the rate. Most of the lenders state on their websites that their rates can be pulled without notice.”
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