Abbey lower five year fixed rates

Abbey are the latest lender to lower the price of their mortgages and have now turned their attention to five year fixes. They have been reduced by up to 0.26%. The vast majority of lenders have lowered the price of their mortgages over the last few weeks and best buy deals are not going to get much lower. Trinity Financial have access to exclusive mortgage rates. We can secure a two-year fix at 3.39% or a two-year tracker at 2.59%. More of our clients are interested in longer term fixed rates and the lowest five-year fix we can secure is as low as 4.19%. Borrowers require a 25% deposit and the arrangement fee is £995 for these mortgages. The Coventry Building Society have reduced the price of their fixes and now offer a market leading three-year rate at 3.39%. Borrowers will require a 35% deposit and there is a free property valuation for house purchases. The arrangement fee is £999 and the maximum loan is £1 million. October 4, 2010