28 Jun MORTGAGES, WHAT IS THE LATEST NEWS?
Since the latest base interest rate increase of 0.5% by The Bank of England, the dust has settled and mortgage lenders are coming forward with their latest offers. These are available through the Mortgage Brokers we work closely with and individual personal advice can be given, without charge by them at either of our Offices, Cyncoed or Lisvane.
We have recently attended an invitation only meeting with The Bank of England and their attitude is reassuringly positive.
(NB. ltv stands for ‘Loan to Value’)
60% ltv – 2 year fixed from 5.38% and 5 year fixed from 4.97%.
80% ltv – 2 year fixed from 5.55% and 5 year fixed from 5.09%
90% ltv – 2 year fixed from 5.65% and 5 year fixed from 5.28%
95% ltv – 2 year fixed from 6.06% and 5 year fixed from 5.64%