Our weekly guide on Mortgage Best Buys. 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
Our best buys listed below, 5-year fixed rate at low loan to values remain sub 4% (just!) with many lenders withdrawing some of their most competitive 5-year product after days of launching, the only rationale on these can be the volume of business received on these products and therefore not being sustainable at those levels. There are some 2-year tracker rates now higher than 2-year fixed rates, majority have no tie-in periods on the tracker but the only benefit on these products is the BoE base rate heading in a downward direction.
As ever we are here to support customers with Advice and Recommendation all aspects of Property Finance in a constantly evolving interest rate market. We’ll Advise you of your options so you can make an informed decision on the most suitable product for you.
First Time Buyers
| Loan to Value | Rate Type | Rate | Lender |
| 95% | 2-year fixed | 5.30% | Skipton BS |
| 90% | 2-year fixed | 4.90% | Virgin Money |
| 95% | 5-year fixed | 4.99% | Nationwide BS |
| 90% | 5-year fixed | 4.53% | NatWest |
Remortgage
| Loan to Value | Rate Type | Rate | Lender |
| 75% | 2-year fixed | 4.30% | Halifax |
| 60% | 2-year fixed | 4.18% | Barclays |
| 75% | 5-year fixed | 4.09% | TSB |
| 60% | 5-year fixed | 3.99% | TSB |
| 75% | 2-year tracker | 4.36% | Barclays |
| 60% | 2-year tracker | 4.26% | Barclays |
Large Loans over £1m
| Loan to Value | Rate Type | Rate | Lender |
| 85% | 2-year fixed | 4.66% | Halifax |
| 75% | 2-year fixed | 4.37% | Leeds BS |
| 85% | 2-year tracker | 4.76% | Barclays |
| 75% | 2-year tracker | 4.44% | HSBC |
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.
