New low fixed rates available from 2.45%

by Aaron Strutt

Oct 28 2011

Trinity Financial has secured access to a new two-year fixed remortgage rate at 2.45% and it has a low £499 arrangement fee. The mortgage is available to borrowers with 50% equity in their property and the maximum loan size is £1.5 million. The lender will pay for the property valuation and legal fees if you switch to them.

Clydesdale Bank offers a fantastically low three-year fixed rate at 2.89% and if the mortgage is below £500,000 - the arrangement fee is £999. For loans between £500,001 and £2 million the arrangement fee increases to £1,499. Borrowers will require at least 40% equity in their home.

Accord Mortgages has one of the most competitive five-year fixes at 3.39%. The arrangement fee is £1,995 and borrowers will require 25% equity in their property.

28 October 2011