Less than 50% LTV Mortgages

chuckalicious_2

I have just found out I'm going to be in the lucky situation of coming into some money in May next year which will bring my mortgage LTV to about 44%. Loan value will be about £128000 with a property value of £290000. Mortgage LTV is currently 76% and is at 35 year term. I plan to reduce this to a 25 year term.

Currently in a 5 year fixed (5.12%) until October 11 with a 3% ERC.

I have therefore been looking around for what rates are available for LTVs of that level and was a little disappointed. YBS are currently doing a 5 year fixed with an LTV of 75% with a rate of 3.99% - I know, amazing. I cannot find anything lower than that.

Does anyone know if lenders do better deals for LTVs that low?

opinions4u

Looking at First Direct and HSBC will normally find you close to best buy.

www.moneyfacts.co.uk/mortgages may be worth a look too.

chuckalicious_2

Nice! FD's rates aver very good.