Which lenders are offering the cheapest fixed and tracker rate mortgages?
Banks and building societies are offering some of their cheapest ever mortgage rates.
Most borrowers are spoilt for choice if they are looking to purchase a property or remortgage providing they have a good credit score and a 10% deposit.
Halifax for Intermediaries is offering some great rates, particularly if you are purchasing a property. Barclays and Coventry have some excellent longer-term fixes.
|
Lender |
Interest rate |
Current reversion rate |
The overall cost for comparison is |
Deposit |
Fee |
Early repayment charges |
|
Halifax for brokers |
4.24% |
3.80% |
40% |
£1,499 |
Yes |
|
|
Halifax for brokers |
4.24% |
3.80% |
40% |
£999 |
Yes |
|
|
NatWest for brokers |
4.24% |
3.80% |
25% |
£995 |
Yes |
|
|
NatWest for brokers |
4.24% |
3.90% |
10% |
£995 |
Yes |
|
|
HSBC for brokers |
4.19% |
3.80% |
40% |
£999 |
No |
|
|
Halifax for brokers |
4.24% |
3.90% |
40% |
£999 |
Yes |
|
|
HSBC for brokers |
4.19% |
3.20% |
40% |
£999 |
Yes |
|
|
Barclays |
4.24% |
3.20% |
40% |
£999 |
Yes |
|
|
Coventry Building Society |
4.74% |
3.30% |
50% |
£999 |
Yes |
|
|
Virgin Money for brokers |
4.99% |
2.90% |
35% |
£999 |
Yes |
*Purchase-only rate.
Trinity Financial has access to a wide range of lenders provide fantastic rates and fast mortgage offers.
Once you speak to our expert mortgage advisers they will assess the market and confirm exactly how much you can borrow and the cheapest rate you can access.
We have a track record of arranging mortgages for all types of borrowers with completely different financial situations. We help clients buying in the UK from across the world.
Click here to view some of the mortgages we have arranged over the last ten year: https://www.trinityfinancialgroup.co.uk/case-studies/.
Lenders typically state that it takes around ten working days to produce a mortgage offer.
Trinity Financial has access to one bank providing incredibly cheap rates and our brokers can agree applications over the phone. Providing the client meets the lender's acceptance criteria and the property is worth the amount stated on the application form, a mortgage offer can be produced in a matter of hours once the valuation report it back.
More lenders are using online systems to process mortgages and if they do not need to send a valuer to the property the offer can be extremely quick. Normally borrowers need to have a large deposit and an excellent credit score to qualify for this super-fast service.
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.
