Things can change quickly in the mortgage market, so it pays to stay on top of the news. We’ve compiled a list detailing some of the latest mortgage deals, just to make it all a bit easier.
They can all be found on www.yourmortgagedeals.co.uk (who supplied this article), so visit the site if you’d like to see more deals from our panel of lenders and find out what the latest ‘Deals of the day’ are.
Top 5 remortgage deals at the moment
This a list of the top five remortgage deals listed on Your Mortgage Deals when looking for a £60,000 remortgage on a property worth £100,000. Mortgage term: 30 years.
At the top of the list, there’s a three-year fixed-rate mortgage from Abbey. The APR is 2.39% and it’s only available to people with at least a 40% deposit. Overall cost for comparison: 4.74%.
Second, a two-year tracker deal from ING. With an APR of 2.39%, the overall cost for comparison is 3.99%. Max LTV: 60%.
Third in the list, Natwest provides a three-year fixed-rate mortgage with an APR of 2.49%. Again, the max LTV is 60% - and the overall cost for comparison is 4%.
At number four in the list, another mortgage from ING. This one’s a three-year fixed-rate mortgage with an APR of 2.64%. Max LTV is 60% - and the overall cost for comparison is 3.99%
Finally, at number five, Leeds Building Society offers a three-year fixed-rate mortgage with an APR of 2.65%. Again, the max LTV is 60%, and the overall cost for comparison is 5.69%.
Please note: your home may be repossessed if you do not keep up repayments on your mortgage.
Subject to status. The actual rate available will depend upon your circumstances. Please ask for an illustration.