Mortgage lenders lower their best buy rates
More banks and building societies are lowering the price of their fixed rate mortgages in an effort to attract more customers, especially with all of the Help to Buy publicity at the moment.
NatWest Intermediary Solutions improved some of their fixed rates by 0.64% leaving their most competitively priced two-year fix at 1.94%. This mortgage is available to borrowers with a 40% deposit and the arrangement fee is £995. The maximum loan size is also generous at £1.5 million.
Woolwich for Intermediaries is offering a leading five-year fixed rate at 2.88% and it has a £999 arrangement fee. To secure this mortgage, borrowers will need a 40% deposit and the maximum loan size is £1 million.
If you would like help to secure a best buy mortgage, call us on 020 7016 0790.
October 10, 2013
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