Cheapest 5 Year Fixed

aj9648

Anyone tell me if there is a good 5 year fixed out there? Seen the britannia at 4.1% APR with a 999 fee

Any better ones out there.

I have a 60% deposit looking to borrow £150k ish

latecomer

Co-op 2.79 % with 999 fees - same rate is available from Britannia?

bugbyte_2

Skipton do a 60% @ 3.08% + £195 application fee..

Their 2 yr is 2.39% for 50% which is attractive.

I'm erring on the 5 yr as interest rates cannot stay this low forever!

aj9648

latecomer wrote: »

Co-op 2.79 % with 999 fees - same rate is available from Britannia?

Its same rate at Brittania

dimbo61

So Latecomer has given you the Coop deal at 2.79% ( just press Thanks !!)
The cost of £150K over 25 years at 2.79% would be £695 a month.
The interest rate will NOT stay at 2.79% for the next 25 years.
£999 fee and I like the Coop
It is a very good 5 year fix
Please use a " whole of market broker" to check out other deals

latecomer

aj9648 wrote: »

Its same rate at Brittania

Yup I know that - was my way of saying that the same rate should be available at the Britannia. Probably didn't come across quite right

Zero_Sum

nationwide have 3.29% with no fees

dimbo61

If you use " whatsthecost" you can work out if the COOP deal or the fee free Nationwide deal is the best for you.
Please do not just look at the cost each month but how much you would owe at the end of the 5 years.
Maths homework

geek1981

PO 5 years at 2.99% 75% LTV and over pay the rest in 5 years?

Zero_Sum

geek1981 wrote: »

PO 5 years at 2.99% 75% LTV and over pay the rest in 5 years?

with a £1,495 fee, its much worse than the above co-op deal

michaels

Zero_Sum wrote: »

with a £1,495 fee, its much worse than the above co-op deal

Surely that depends on the LTV as coop max is 60%

Coop is not available via a broker so no cashback possible - not sure if Britannia gives this option. However Coop allows up to 10% per annum overpayments into effectively a flexible facility from which the funds can be withdrawn or used for a payment holiday if required.