Woolwich 2 year fixed-rate
Some borrowers are reluctant to fix for just two years, but those looking to borrow over £200,000 should take a look at the latest Woolwich deal. With a rate of 2.98pc, this two-year fix requires 30pc deposit and charges £1,999 fee.
Co-Operative 5 year fixed-rate
For those who are looking to fix for five years, the Co-Operative Bank is offering a rate of 4.49pc with a fee of £999. This loan requires a 25pc deposit and is only available for those looking to borrow less than £1.5m.
First Direct Lifetime tracker
If a tracker is what you are looking for, check out First Direct which is offering a lifetime tracker at 1.8pc over the bank base rate, giving a pay rate of 2.39pc. With a £499 fee, this requires a 35pc deposit and does not come with early repayment charges.
Market Harborough 2 year tracker
Borrowers who are looking for a two-year tracker should check out Market Harborough, which is offering 1.98pc over base rate for two years, giving a pay rate of 2.48pc. With a fee of £1,845, this loan requires a 25pc deposit and does not come with early repayment charges.
- Source: Savills Private Finance: www.spf.co.uk
