Best 5yr fixed rate?

chriss1979

For a first time buyer with a 10% deposit, what are the current best rates available on the market for a 5 year fixed rate mortgage?

chriss1979

Best ones I can find are both 5.99% at either Natwest or RBS who both offer a first time buyer exclusive mortgage.

chriss1979

Assuming that is the best 5yr fix 90% LTV, does anybody know how long an agreement in principle is valid for with them?

Thanks

woody252506

chriss1979 wrote: »

Assuming that is the best 5yr fix 90% LTV, does anybody know how long an agreement in principle is valid for with them?

Thanks

We went for the Natwest FTB exclusive at 5.99% and they were superb. Very quick and efficient. However we dealt with someone in branch which I would recommend as you have a contact and face to face discussions then rather than relying on call centre staff.

Usually 3 months is the standard, not 100% sure though!

chriss1979

Thanks for the response Woody!

Nice to hear some positive feedback about the product and service aswell

wendyphant

we have just got 5.09% over 5 years with fees of £199 + val fee of £335 and that is with the leeds
HTH

chriss1979

Thanks Wendy, was that with 10% deposit or greater?