Product focus: Two year fixed rate mortgages - Mortgages - News | moneyfacts.co.uk

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Product focus: Two year fixed rate mortgages

Product focus: Two year fixed rate mortgages

Category: Mortgages

Updated: 19/01/2011
First Published: 19/01/2011

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

A large number of smaller lenders offer good mortgage deals, however many borrowers prefer the familiarity of well-known high street names.

Here is a selection of some of the best two year fixed mortgages offered by some of the larger lenders.

Santander

This deal offers borrowers a rate of:

  • 2.65% until 02.03.2013.
  • The maximum loan to value is 60% and a fee of £1,995 is payable.
  • No incentives are offered, although there is the option to make overpayment of up to 10% of the outstanding balance.
Royal Bank of Scotland

This product offers:

  • 2.95% to 30.04.2013.
  • The product has a maximum loan to value of 50% and customers can borrow a minimum of £25,000.
  • A fee of £699 is payable.
  • Incentives of a free valuation, free valuation administration fees and free legal fees are offered to remortgage customers.
  • There is also the flexibility to make overpayments of up to 10% of the outstanding balance.

Northern Rock

Northern Rock's two year fixed deal offers a rate of:

  • 2.98% to 01.04.2013.
  • The maximum loan to value is 70% and borrowers must pay a fee of £995.
  • No incentives are offered, although there is the option to make overpayments of up to 10% of the outstanding balance.

Find the best mortgage rate - Compare best selling mortgages


Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Close