Which lenders have the cheapest fixed rate mortgages?
A range of banks and building societies have lowered their fixed rates and reintroduced higher loan-to-value products. Virgin Money is about to launch a 1.19% two-year fix for those with a 25% deposit and it has a £1,999 arrangement fee. Atom Bank and TSB are also back offering 10% deposit mortgages.
Aaron Strutt, product director at Trinity Financial, says: "It is great to see more of the banks and building societies lowering the price of their mortgages and re-introducing lower deposit deals.
"If you are planning to apply for a mortgage it is important to select a lender with reasonable processing times. Some of the lenders are extremely busy and they are struggling to get mortgages agreed as quickly as normal."
Call Trinity Financial on 020 7016 0790 to secure a mortgage or send an enquiry
|
Lender |
Rate |
Deposit |
Revert rate |
APRC |
Fee |
Incentives |
|
Nationwide for Intermediaries |
3.49% two-year fix |
10% |
3.59% |
3.7% |
£999 |
Houses/Bungalows only. No flats/maisonettes. Maximum loan £500,000. |
|
Barclays for Intermediaries |
2.83% two-year fix |
15% |
3.59% |
3.5% |
£999 |
£2,000,000 maximum loan size. 2% early repayment charges. |
| Newcastle for Intermediaries |
1.89% two-year fix |
20% |
4.49% |
5.1% |
£999 |
£1,000,000 maximum loan size. |
| Barclays for Intermediaries |
1.57% two-year fix |
25% |
3.59% |
3.3% |
£999 |
£2,000,000 maximum loan size. |
|
Halifax for Intermediaries |
1.20% two-year fix |
40% |
3.59% |
3.3% |
£1,499 |
Remortgage rate. Minimum loan size is £250,000 and the maximum loan size £1 million. |
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Barclays for Intermediaries |
1.92% three-year fix |
25% |
3.59% |
3.2% |
£499 |
£2 million. Available to Premier customers (we can help you open an account, subject to minimum income requirements). |
|
Halifax for Intermediaries |
1.36% three-year fix |
40% |
3.59% |
3.1% |
£999 |
£1 million. Purchase-only rate. Repayment or interest-only. |
|
Halifax for Intermediaries |
1.27% three-year fix |
40% |
3.59% |
3.1% |
£1,499 |
Remortgage rate. £250,000 minimum loan size and £1 million maximum loan size. Repayment or interest-only. |
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|
Platform |
3.79% five-year fix |
10% |
4.34% |
4.3% |
£999 |
£500,000 maximum loan size. Purchase and remortgage rate. |
|
Nationwide for Intermediaries |
3.54% five-year fix |
10% |
3.59% |
3.7% |
£999 |
Not available to the self-employed. Houses/Bungalows only. No flats/maisonettes. Maximum loan £500,000. |
|
Barclays for Intermediaries |
1.70% five-year fix |
25% |
3.59% |
2.9% |
£999 |
Purchase and remortgage rate. Maximum loan size is £2 million. |
|
NatWest for Intermediaries |
1.41% five-year fix |
40% |
3.59% |
2.8% |
£995 |
£25,000 minimum loan size, £10-million maximum loan. |
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Barclays for Intermediaries |
1.62% seven-year fix |
40% |
3.59% |
2.6% |
£499 |
£2 million maximum loan size. 5% early repayment charge for the full term. |
|
Barclays for Intermediaries |
1.99% ten-year fix |
40% |
3.59% |
2.6% |
£999 |
High early repayment charges for ten-years. £1 million maximum loan size. |
Source: twenty7tec.com and lender websites
Call Trinity Financial on 020 7016 0790 to secure a mortgage or send an enquiry
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