Our weekly guide on Mortgage Best Buys from across the market. We also include commentary on the current market economy whilst keeping you updated with our Guides section on our website talking about Mortgages, Protection, Money, Property and Financial Planning.
Mortgage Best Buys
We have even more lenders reducing fixed rates this week and also some announcements for further rate reductions next week – we’ve not seen much movement in the tracker rate products. It appears the market hike and surge is levelling off, this should hopefully provide reassurance to those looking to get onto the housing ladder and those with remortgage renewals due in the next three-six months. Mortgage rates are still 2-3% higher than the lows of 2022 but the movements are much less volatile than end of last year. Please see a summary of latest Best Buy Mortgages.
First Time Buyers
- 95% Mortgage 2-year fixed rate @ 5.66% with Skipton Building Society
- 95% Mortgage 5-year fixed rate @ 5.03% with Skipton Building Society
- 95% Mortgage 2-year tracker rate @ 5.74% with Nationwide Building Society
- 90% Mortgage 2-year fixed rate @ 5.34% with Nationwide Building Society
- 90% Mortgage 5-year fixed rate @ 4.70% with Skipton Building Society
- 90% Mortgage 2-year tracker rate @ 4.54% Nationwide Building Society
Remortgage Rates
- 85% Mortgage 2-year fixed rate @ 4.90% with Virgin Money
- 75% Mortgage 2-year fixed rate @ 4.65% with Virgin Money
- 60% Mortgage 2-year fixed rate @ 4.69% with Nationwide Building Society
- 85% Mortgage 5-year fixed rate @ 4.50% with Virgin Money
- 75% Mortgage 5-year fixed rate @ 4.09% with Halifax
- 60% Mortgage 5-year fixed rate @ 4.04% with Halifax
- 85% Mortgage 2-year tracker rate @ 3.98% with Coventry Building Society
- 75% Mortgage 2-year tracker rate @ 3.88% with Coventry Building Society
- 60% Mortgage 2-year tracker rate @ 3.78% with Coventry Building Society
Large Loan Mortgages over £500k
- 85% Mortgage 2-year fixed rate @ 4.90% with Virgin Money
- 75% Mortgage 2-year fixed rate @ 4.65% with Virgin Money
- 85% Mortgage 5-year fixed rate @ 4.50% with Virgin Money
- 75% Mortgage 5-year fixed rate @ 4.30% with Virgin Money
- 85% Mortgage 2-year tracker rate @ 3.98% with Coventry Building Society
- 75% Mortgage 2-year tracker rate @ 3.88% with Coventry Building Society
ALL MORTGAGE RATES ARE SUBJECT TO CREDIT STATUS, INCOME AND AFFORDABILITY. ARRANGEMENT FEES AND EARLY REPAYMENT CHARGES MAY APPLY TO THESE PRODUCTS, PLEASE CONTACT AN ADVISER FOR A RECOMMENDATION.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
