Find the cheapest 2 or 5 year fixes with mortgage broker, Deal Direct.
Finding the cheapest 2 and 5 year fixed rates is easy with mortgage broker, Deal Direct.
While some high street lenders are reviewing their products and increasing rates, other lenders are taking an alternative approach.
The Co-Operative Bank’s intermediary brand, Platform, has been reducing rates offered on its 2 and 5 year fixed term ranges. The reductions affect buy to let mortgages as well as loans from its residential ranges. All buy to let 5 year fixes have been reduced by .05 percentage points.
For residential purchases:
- a 2 year fixed rate for up to 85% LTV is now 1.54% with a fee.
- a 2 year fixed rate for up to 85% LTV is now 1.94% with no fee.
- a 5 year fixed rate for up to 90% LTV is now 2.34% with a fee.
These mortgages are only available via broker channels but you can begin to compare them online with our helpful ‘Best Mortgage Deals’ service on our website. Further information about availability, loan amounts, lending criteria, incentives and terms and conditions that each lender employs is available either via our online chat service or over the phone.
As a ‘whole of market’ broker, the research we do for you covers loans that are being made available from lenders all over the country. As we don’t limit your choice to a small number of ‘preferred’ lenders, the opportunity to find the most competitively priced 2 or 5 year fixed term mortgages increases.