The OCR remained unchanged on Thursday which means we've seen no movement from the banks in their interest rates this week.
1-2 year rates are in the low 4% range but we're thinking there may be good value for more conservative options with 3 year rates in the mid 4% range and 5 year rates closer to 5%. These rates are still fantastically good value compared to historical trends and we can advise on the right balance of long vs short term rates for your specific situation.
We're also seeing a lot of variability in interest rate pricing and availability of lending for people with less than 20% deposit which means it's more important now than ever to be looking at multiple options to ensure your finance is secured and you're getting the best deal.
If you'd like to discuss the above, feel free to get in touch