BEST MORTGAGE RATES

This section of the site looks at all the best UK Mortgage rates available. If you check out the links down the left hand side of the page you will get more specific information on the various types. 

Rates change on a daily basis so if you want the most up to date rates you need to talk to a mortgage or remortgage adviser.

A word of warning if you intend to pick a mortgage deal on rate alone. The size of the mortgage you are taking makes a big difference to what should be your deciding factor.

For instance if a Lender is offering a 2 year fixed mortgage rate at 4.94%, with an arrangement fee of £399. Meanwhile another lenders 2 year fixed mortgage rate is 5.19% with no arrangement fee, which one would you opt for? 

Comparing the TOTAL cost over 2 years, borrowers with a mortgage of £120,000 or less would be better off opting for the higher 5.19% rate. If the loan amount is greater than £120,000 then you would be better off paying the fee to secure the better rate. 

In essence you should not decide which mortgage to take based on any single factor. You have to assess the total package to find the all round best deal for you.

A good Mortgage Broker will be able to help you decide based on all the issues. Anyone can search the Internet and find the lowest rate but which is the best rate for you?  We can provide you with a great quote, and our enquiry service is free of charge.