New remortgage rates launched
A number of lenders have made changes to their mortgage rates over the last few days, including: NatWest, Royal Bank of Scotland, Halifax and the Skipton Building Society.
The majority of these banks have increased the cost of their mortgages but there have been some rate reductions. One lender launched a very competitive two year fixed rate at 2.89%. The arrangement fee is £995 and borrowers require a 40% deposit. The same lender also offers a five year fixed at 3.98% and you will need a 30% deposit to access the rate. The reversion rate on both mortgages is 4.95% and the APR is 4.7%. One added incentive is that the lender will also pay the cost of the property valuation and legal fees when you switch to them.
The cost of two and five year fixes has increased over the last few weeks and a number of the best buy mortgages have been removed. To discuss the best mortgage we can secure for you, call us on 020 7520 9427.
January 6, 2010
Get started today
Speak to one of our mortgage experts. Book an appointment to come and see us or request one of our experts to call you.
