Best Mortgages 2010
Over the last 12 months research has shown that people with mortgages have seen a 20% drop in their mortgage costs. As the Bank of England has slashed its base rate so have the repayments due on mortgages. The results is more money in the bank of homeowners or faster repayments for those that have chosen to continue to pay the same sum back to their lender.
The largest reductions on repayments were in London, followed by the South West. There is still a complete lack of 100% mortgages available from lenders but if you can find a 20% deposit then there are some banks out there that have offers that look interesting. Currently the Natwest is offering a mortgage rate of 2.99% until February 2012. There is an early repayment charge until February 2010 and the set up charge is
