Building societies offer best buys as rates continue to fall
Building societies continue to force their way into the best buy tables and some of the smallest lenders are offering the cheapest rates.
Trinity Financial has access to the Hinckley & Rugby Building Societies market leading five-year fixed rate at 3.39%. You will need a 25% deposit and the arrangement fee is £795, but it significantly undercuts some of the biggest banks.
Woolwich have the lowest two-year fixed rate at 2.54% available to their existing customers and it has a £999 arrangement fee. The lender requires a 30% deposit and the mortgage is available up to £1 million.
Abbey for Intermediaries has made their mortgages more competitive and some are now 1.1% cheaper.
The Skipton Building Society has one of the lowest two-year tracker rates for borrowers with a 50% deposit. It is incredibly low at 1.99% and the arrangement fee is £995.
September 16, 2011
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