Can anyone point me in the direction of a site which summarises UK Mortgage rates ?
Can anyone point me in the direction of a site which
summarises UK Mortgage rates ?
Does such a beast exist ? I've trawled the net for
discounted rate deals from the major lenders but it
nice to check over my findings with another resource
so I can create a shortlist of lenders to talk to.
(Best rates found so far seem to be C&G with 3% off
a base rate of 6.85% for first year then 2% off for
the second year but with a 5 year tie in - anyone
found a better deal ?)
Getting a total of 5% off over a five year commitment is not a (very) good
deal. Unless you need the benefit up-front, you seem to always get a better
deal by taking a 5-year discount with a 5-year tie, than a 2-year discount
with a *5*-year tie.
If you're happy with a 5-year commitment then I would go for a 5-year
discount product. One of the best rates of this type was the Abbey National
last time I looked.