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Interest rates for a 90% mortgages
seabass
Posts: 72 Forumite
Just got quoted an interest rate for a mortgage with a 10% deposit of 7.5% interest, which seems a bit over the top, they said interest rates have gone up recently, is this way above average? What's the best lender at the moment in terms of interest rates for a 90% mortgage?
0
Comments
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Low deposit = high risk = high rate.
You should be able to find cheaper though.
Take a look at www.moneyfacts.co.uk
or
www.moneysupermarket.com/mortgages0 -
Just spotted the furness bs one, which looks low 5%, the next ones is probably britania bs which is 6%, any problems with these?0
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5% is pretty good - also looks like rates on on the climb again0
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