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Product focus: Mortgages

Product focus: Mortgages

Category: Mortgages

Updated: 27/06/2011
First Published: 27/06/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
Latest research by has shown the average mortgage rates for two, three and five year fixed deals are at the lowest level since 1988. Here is a selection of some of the best fixed, variable tracker and first-time buyer products currently available.

Woolwich from Barclays

  • This two year fixed deal offers a rate of 2.68% to 31.8.13.
  • The maximum loan-to-value is 70% and first, second time and remortgage customers can borrow between £250,000 and £1 million.
  • A fee of £1,999 is payable.
  • Remortgage customers can enjoy incentives of a free valuation for properties valued up to £2 million, free legal fees and a £200 rebate.
  • Flexible features of overpayments and payment holidays are also offered.

first direct

  • This variable tracker product from first direct offers a rate of 1.99% for two years (BBR + 1.49%).
  • The maximum loan-to-value is 65% and advances range between £10,000 and £1 million.
  • An arrangement fee of £999 is payable.
  • Remortgage borrowers have the incentive of free legal fees.


  • This deal offers first-time buyers a fixed rate of 5.39% to 30.9.13.
  • The maximum loan-to-value is 90% and a fee of £1,240 is payable.
  • A range of flexible features are offered including overpayments, underpayments and payment holidays.

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 Any products featured may be withdrawn by their provider or changed at any time.