Secure a best buy large mortgage loan at 1.79%

by Aaron Strutt

Jun 21 2013

A host of mortgage lenders have launched exceptionally low mortgage rates over the last few months, specifically targeting borrowers looking for a large mortgage loan.

Accord Mortgages, the broker lending arm of the Yorkshire Building Society, is offering a two-year fixed rate below 2%. The mortgage is available to borrowers with a 35% deposit and to a maximum of £3 million.

For those looking to borrow between £500,000 and £2 million, Barclays has launched a two-year fixed rate at 1.79% and a five-year fix at 3.09%. Both mortgages have £1,999 arrangement fees and require borrowers to put down a 35% deposit.

Aaron Strutt, product and communications manager at Trinity Financial, says: "Some of the lenders are really targeting the large loan market and many of them are offering rates below 2%. We are helping more of our clients to access great deals and the market is looking very positive."

If you would like help to secure a large mortgage loan, call us on 020 7016 0790.