Product focus: Two year fixed rate mortgages - Mortgages - News - Moneyfacts

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Product focus: Two year fixed rate mortgages

Product focus: Two year fixed rate mortgages

Category: Mortgages

Updated: 17/12/2012
First Published: 21/07/2011

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 It is now over 6 months old so the content may be out of date.

Fixed rate mortgages are a popular choice among borrowers, as they offer the peace of mind of a set monthly repayment which won't change in the event of a base rate increase.

Here is a selection of some of the current best two year fixed rate mortgages.

Woolwich from Barclays

  • This deal offers 2.54% fixed to 31 August 2013 with a maximum loan-to-value of 70%.
  • First, second time and remortgage customers can borrow between £5,000 and £1 million.
  • A fee of £999 is payable.
  • Remortgage borrowers can enjoy incentives of a free valuation for properties valued up to £2 million, a £200 rebate or a free legal fees.
  • The option to make overpayments is also offered.

NatWest Mortgage Services

  • This product offers a fixed rate of 2.55% to 31 August 2013.
  • The maximum loan-to-value is 60% and customers can borrow a minimum advance of £25,000.
  • A fee of £999 is payable.
  • Remortgage borrowers are offered incentives of a free valuation and free legal fees.
  • Customers looking for flexible features can make overpayments of up to 10% of the outstanding balance.

Santander

  • This two year fixed deal from Santander offers a rate of 2.69% to 2 September 2013.
  • The maximum loan-to-value is 60% and first, second time and remortgage customers can borrow between £6,000 and £350,000.
  • A fee of £1,995 is payable.
  • Overpayments of up to 10% of the outstanding balance can be made.
Find the best mortgage for you - Compare fixed rate 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 Any products featured may be withdrawn by their provider or changed at any time.

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