Short Term Fixed Rate
The Britannia Building Society is currently offering a fixed rate for two
years at 4.19% (APR 5.5%). The valuation fee is £150, with an arrangement
fee of £499.
Long Term Fixed Rate
The Alliance & Leicester is offering a mortgage fixed until the 31st January
2009 at 5.15% (APR 5.8%). The valuation fee is a refundable £210, with an
arrangement fee of £595.
Short Tem Discount
The Barnsley Building Society is offering a 2 year discounted scheme at an
interest rate of 2.44% (APR 5.1%), with a refundable valuation fee of £195.
Long Term Discount
The Nottingham Building Society is offering a 5 year discounted scheme at a
current rate of 3.83% (APR 5.1%), with a free valuation up to £500,000, and
an arrangement fee of £295, subject to redemption penalties.
Cashback
The Scarborough Building Society is offering a mortgage that gives 10
percent cashback on the amount borrowed, at a rate of 6.49% (APR 6.6%),
fixed for ten years, with a valuation fee of £235, subject to redemption
penalties.
Buy to Let *
The Cheltenham & Gloucester is offering a buy to let tracker mortgage at
4.14% (APR 5.4%) until the 31st December 2007 with a free valuation and
arrangement fee of £249.
Remortgage**
For those looking to remortgage, the Abbey is offering a two year tracker
deal at 4.05% (APR 5.6%), with a free valuation, free legal work and no
arrangement fees.
Tracker
This week's best tracker deal also comes from the Abbey, at base rate minus
0.2%, currently equating to 3.55% (APR 5.5%), with a valuation fee of £250
and an arrangement fee of £299.
All figures are subject to revision, but current at time of going to press.
Terms and conditions apply. Subject to status and availability. Your home is
at risk if you do not keep up repayments on a mortgage or other loan secured
on it.
* There is no guarantee that it will be possible to arrange continuous
letting of the property nor that the rental income will be sufficient to
meet the cost of the mortgage.
**Your existing lender may impose penalties if you switch your mortgage to a
new lender.
For full details contact Mortgage Talk - the North's largest mortgage
broker - on 0800 28 11 58 or e-mail [email protected]
