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Best 5 year fixed rate mortgage 60 LTV

samphe
samphe Posts: 140 Forumite
Part of the Furniture Combo Breaker
in Mortgages & endowments
Our LTV IS 60%. The best 5 year fixed rate mortgage that i can see is 4.99% with Britannia. Does anyone know of a better 5 year fixed rate that this?

Comments

  • ultramagnetic_commuter
    ultramagnetic_commuter Posts: 154 Forumite
    HSBC are doing 4.95% (don't know how fees etc. compare). There's nothing below this at the moment.
  • sunrise27_2
    sunrise27_2 Posts: 1,349 Forumite
    we're hoping to get signed up for a 10 year fixed rate at 5.69 might be worth considering
  • g_attrill
    g_attrill Posts: 691 Forumite
    edited 25 August 2009 at 10:10PM
    Co-op don't have a 60% product, but their 75% is 4.99 for 5 years and is slightly more flexible in terms of over/underpayments and payment holidays than HSBC (which is only 20% on top of the monthly payments per month). The valuation fees are quite a bit higher though.

    edit: They also have "5 year Capped Tracker (Bank Of England Base Rate+2.49%) capped at 5.99% until 30.09.14 - Currently 2.99% until 30.09.1", again for 75% or better.

    That one obviously depends on where rates go and how quickly, but I need to sort something myself within a week and it's tempting to go with that. I have a little over 40% deposit and there doesn't seem to be anything better than the deals for 25% really.
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