Best buys
Residential Fixed
| Lender | Initial rate | Until | Subsequent Rate | The Overall Cost for Comparison is |
|---|---|---|---|---|
| Abbey | 4.08% | 02.10.2011 | 4.24% | 4.30% APR |
| Woolwich | 4.39% | 01.10.2012 | 1.99% | 2.80% APR |
| Woolwich | 5.29% | 31.10.2014 | 1.99% | 3.60% APR |
Residential Tracker/Variable
| Lender | Initial rate | Until | Subsequent Rate | The Overall Cost for Comparison is |
|---|---|---|---|---|
| Woolwich | 2.99% | Life of the mortgage | 2.49% above Bank Base | 3.10% APR |
| Alliance & Leicester | 3.09% | 2 years | 4.99% | 4.80% APR |
| Abbey | 3.29% | 3 years | 4.24% | 4.10% APR |
Buy-To-Let Fixed
| Lender | Initial rate | Until | Subsequent Rate | The Overall Cost for Comparison is |
|---|---|---|---|---|
| The Mortgage Works | 3.69% | 31.07.2010 | 4.69% | 5.10% APR |
| Woolwich | 4.99% | 02.11.2012 | 2.49% | 3.40% APR |
| Woolwich | 6.39% | 02.11.2014 | 2.49% | 4.50% APR |
Buy-To-Let Tracker/Variable
| Lender | Initial rate | Until | Subsequent Rate | The Overall Cost for Comparison is |
|---|---|---|---|---|
| The Mortgage Works | 3.19% | 31.07.2010 | 4.69% | 5.00% APR |
| The Mortgage Works | 4.15% | 31.07.2011 | 4.69% | 5.00% APR |
| Cheltenham & Gloucester | 4.69% | 31.10.2012 | 2.50% | 3.40% APR |
- See complete list
- Last updated: 09.07.09
- Legal Statement
The Coreco Group has been formed from the CORE of Cobalt Capital, and is a leading UK provider of independent mortgage and financial advice.
The needs of both Coreco and Cobalt's clients will continue to be at the core of everything we do.
We provide fresh, bespoke financial solutions, drawing on our extensive contacts, knowledge and enthusiasm.
09.07.09
Bank of England Base Remains Unchanged at 0.5%
Whilst there was no surprise that the Monetary Policy Committee left the Bank of England Base Rate unchanged at its historical low of 0.5%, all eyes were really focussed on whether or not the policy of Quantitative Easing (QE), was to be increased further.
23.06.09
Crunch Time
Sitting in my local rugby club with the Old Paulines vets watching the current world champions South Africa take on the Lions on Saturday made me thankful for small mercies. Even though I have recently become a father for the third time (no sleep), and working through one of the worst financial crises of our era (stress), I was strangely comforted that I was not on the field of play in Durban!
22.06.09
Economic View - Why Are Fixed Rates Rising?
Following announcements from Nationwide on June 12th that their fixed rate would rise by up to 0.86%, the last 10 days have seen fixed rate mortgages rise sharply across all maturities as other lenders scrambled to follow suit.
Monty’s Mortgage Blog
09.07.09
Phoenix Nights & House Price Daze
Tuesday night was spent in the company of the great and the good of the mortgage industry at an awards do, and I must say it was really great to catch up with many a mortgage legend, or leg end by the end of the evening!
Coreco
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