Lenders make changes to their mortgage rates
A number of banks and building societies have made changes to their mortgage rates this week and they include Halifax, Scottish Widows and Nottingham Building Society.
Halifax and Scottish Widows increased their large mortgage loans by 0.2% and Coventry Building Society lowered one of their five-year fixes by 0.74%.
Aaron Strutt, a broker at Trinity Financial, says: “Most of the lenders that changed their rates increased them, but there were a few exceptions.
“The Nationwide Building Society offers some of the most competitive mortgages and they have halved some of their arrangement fees. Their two-year tracker is 3.29% and their three-year fix is 3.69%. Both mortgages are available to borrowers with a 30% deposit and they have £999 arrangement fees.
“Coventry Building Society has a particularly good five-year fix at 3.89% for those with a 35% deposit. The arrangement fee is £999 and there is a free property valuation.
“All of these mortgages have a maximum loan size of £1 million.â€
March 11, 2012
Get started today
Speak to one of our mortgage experts. Book an appointment to come and see us or request one of our experts to call you.
