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Thread: First Direct 5 Year Mortgages

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    Gav
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    First Direct 5 Year Mortgages

    I was asked by a friend about a 5 year fixed interest rate Mortgage, so far the best I've found is First Direct with an interest rate of 3.89% if you have a 65% deposit. The interest rate is 4.39% for 75% of the value of the property.

    Loan To Value (LTV): 65%
    Period: 5 years
    Interest rate: 3.89%
    arrangement fee: £99

    Loan To Value (LTV): 75%
    Period: 5 years
    Interest rate: 4.39%
    arrangement fee: £99

    check out more here: first direct - mortgages

    ---------

    if you have a cheaper 5 year suggestion I'm very interested to hear.
    Best Deal: Odeon Cinema tickets from as little as £5, UK deal: Cheap Cinema

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    Gav
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    other banks offering decent 5 year fixed interest Mortgages:
    Mortgage Interest Rate Deals: Fixed Variable Tracker First Time Buyer Remortgages
    Period: 5 years
    Interest rate: 4.69% (4.5% APR Comparison)
    arrangement fee: £0

    The Co-Operative Bank, offer mortgages with 2 different interest rates for each LTV, one with an arrangement fee of £999 and a lower interest rate, or an arrangement fee of £0 and a higher interest rate.
    The Co-operative Bank | Our mortgage rates

    LTV: 75%
    Period: 5 years
    Interest rate: 4.99% (4.8% APR Comparison)
    arrangement fee: £0

    LTV: 75%
    Period: 5 years
    Interest rate: 4.39% (4.5% APR Comparison)
    arrangement fee: £999
    ---
    LTV: 85%
    Period: 5 years
    Interest rate: 5.69% (5.1% APR Comparison)
    Arrangement fee: £0

    LTV: 85%
    Period: 5 years
    Interest rate: 5.39% (5.0% APR Comparison)
    Arrangement fee: £999
    ---
    LTV: 90%
    Period: 5 years
    Interest rate: 6.19% (5.4% APR Comparison)
    Arrangement fee: £0

    LTV: 90%
    Period: 5 years
    Interest rate: 5.89% (5.2% APR Comparison)
    Arrangement fee: £999
    Best Deal: Odeon Cinema tickets from as little as £5, UK deal: Cheap Cinema

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