23 Dec

Homebuyers given advice on choosing tracker or fixed mortgages

Homebuyers given advice on choosing tracker or fixed mortgages

People visiting estate agents to find their dream home have been given some advice on choosing the ideal mortgage.

According to the Daily Mail, Yorkshire Bank and Skipton Building Society are two of the best places to go for a fixed-rate deal, while HSBC and the Post Office both have appealing tracker products on offer.

The newspaper highlighted the availability of "decent" fixed-rate mortgages at Nationwide and the building societies of Nottingham, Norwich and Peterborough.

For people that are planning to remortgage without much equity in their home, the publication recommended fixed-rate products from Santander, Skipton Building Society and Cheltenham and Gloucester.

It also drew attention to the offset mortgage offered by First Direct and Woolwich for individuals seeking an alternative to their savings accounts.

Buyers looking at houses for sale in Bristol, Brighton or elsewhere may be interested in a newly launched product from Leeds Building Society.

Last week, the lender unveiled a two-year discount mortgage with a rate of 2.54 per cent.ADNFCR-1222-ID-800310567-ADNFCR

Cookies We use cookies to ensure that we give you the best experience on our website. To find out more about our cookies policy, see our cookies policy here or in the footer.