The cheapest two-year fixed-rate mortgages are edging closer to the 1% mark as lenders improve the pricing on their super-low deals.
Trinity Financial has access to NatWest for Intermediaries sub-1.20% two-year fix available to borrowers purchasing a property or remortgaging. It has a £995 arrangement fee.
Applicants will need a 40% deposit to qualify and be borrowing between £25,000 and £10 million.
Aaron Strutt, product director at Trinity Financial, says: "If the lenders keep on lowering their prices at the same rate, we are likely to have two-year fixes priced around 1% over the next few months.
"As many of the lenders offering the best deals have returned to the interest-only market, it is possible to access large mortgages with particularly low monthly payments."
There is not much of a premium to pay for many of the cheapest buy-to-let mortgages and our brokers have access to a host of sub-2% buy-to-let five-year deals.
Source: Trinity Financial
Call Trinity on 020 7016 0790 to secure a mortgage or book a consultation