Fixed Rate Mortgages
Half of Brits on fixed rate mortgages despite falling interest rates
More than half of Brits with a mortgage are missing out on any falls in base rate because they are on a fixed rate deal, according to research from Fairinvestment.co.uk.
NatWest & RBS launch lower fixed rate mortgages
NatWest and RBS have announced the introduction of a new competitive fixed rate mortgage with a rate of only 3.99% and a fee of £799. The new 2 year deal is available to both new customers and those wishing to remortgage, with a loan to value (LTV) of 60%.
Abbey cuts fixed and tracker mortgage rates
From Wednesday 14 January, Abbey is cutting rates by up to 0.3 per cent on its fixed rate mortgages. Abbey are launching market leading rates for 2, 3 and 5-year mortgages, at rates starting at 3.99 per cent, offering some attractive alternatives for customers who wish to lock in to the current low rates for the longer term - including fee-free options.
The Co-operative Bank to launch new 5 year fixed rate mortgage
The Co-operative Bank is launching a market leading five year fixed rate mortgage this week at a rate of 4.49%.
Britannia slashes fixed-rate mortgages
Britannia is slashing its fixed-rate mortgage range by up to 65 basis points from Friday (9 January). Rates on each tier of the Society's fixed-rate range are being cut, but the highlights of the new range will be Britannia's five and ten-year fixed rate products with rates ranging from just 4.69%.
NatWest and RBS launch new fixed rate mortgage deals
NatWest and RBS have announced that they are replacing some of their standard fixed rate mortgages with new deals reduced by up to 0.40%.
Expensive fixed mortgages only option for many
Fixed rate mortgages now account for 69% of the market, compared to 51% this time last year. Despite a 2.61 percentage point drop in the two year swap rate between 1 October and today, the average two year fixed rate mortgage has only dropped by 0.71 percentage points.
Abbey cuts two, three and five year fixed rate mortgages
From Friday 19 December, Abbey is cutting rates by up to 0.6 per cent on its fixed rate mortgages. This follows cuts Abbey already made last week of up to 0.6 per cent on its fixed rates.
TMA offers Abbey’s two-year semi-exclusive fixed rate mortgage
The Mortgage Alliance (TMA) has announced it is offering Abbey’s re-priced two-year semi-exclusive fixed rate mortgage.
Britannia makes further cuts to fixed rate mortgages
Britannia has further reduced the cost of some of its fixed-rate mortgages with rates falling by up to 0.60% for borrowers requiring a loan-to-value (LTV) of 80% or less.
Alliance & Leicester reduces rates on fixed rate mortgages
Alliance & Leicester is announcing a new portfolio of mortgage products, with fixed rate mortgages being reduced by up to 0.90%.
Abbey cuts rates on five-year fixed rate mortgages
From Friday 28 November, Abbey is cutting rates by up to 0.45 per cent on all its 5-year fixed rate mortgages at between 60 and 75 per cent LTV.
NatWest & RBS launch new fixed rate mortgage deals
NatWest and RBS have announced they will be replacing a number of their fixed rate mortgages, with new deals reducing by as much as 0.75%. The new rates will be available from Tuesday 25 November.
Britannia reduces cost of fixed rate mortgages
Britannia has reduced the cost of its fixed rate mortgage range by up to 55 basis points. Available from Friday 21 November, the highlights of the new range include a five-year fixed rate at 5.49% to 60% LTV with no arrangement fee.
Nationwide cuts the price of fixed rate deals
Nationwide Building Society has announced it will be making some changes to its mortgage products, including cutting the price of its two year fixed rate mortgage deals and selected three and five year fixed rate deals by up to 0.80%.