Sub 1% Mortgages: A variety of lenders across the market are now in a position to offer customers mortgages at a rate of 1% or less – with some even offering this as a fixed 5-year rate for the first time ever!*

Obtaining a mortgage can be both a stressful and confusing time especially if you are unsure of whether you are receiving a good rate as they tend to regularly fluctuate. However, if you have been unsure – now is certainly a great time to begin considering your move, purchasing your first property, or re-mortgaging your home as various lenders are now beginning to offer their mortgages with much more appealing rates. A variety of lenders across the market are now in a position whereby they are able to offer customers mortgages at a rate of 1% or less – with some even offering this as a fixed 5-year rate!

What does this mean?

This is great for those that have been considering selling or buying property, as rates such as these have certainly been scarce as a result of the COVID-19 pandemic, which has made obtaining a mortgage more difficult as lenders became even more sceptical of the risks, and who they were lending too. It is a great indication that lenders are slowly but surely regaining the appetite to lend, which was previously lost because of the uncertainty we have all faced in the last 16 months. The increasing amount of low mortgage rates shows that lenders are now eager for business and a bit of normality, as the restrictions begin to ease.

Sub 1% Mortgages

As a result of Flagstone being a large introducer, we benefit from a number of exclusive mortgage rates that are not available to the general public and we therefore have the ability to ensure you are able to access the most suitable mortgage rates tailored to yourself and your circumstances. We offer whole of market advice which means we have access to the whole of the mortgage lender market, including those lenders offering sub 1% mortgage rates.

_{*According to Moneyfacts data, which dates back to 2007, the UK mortgage market has never seen a sub-1 per cent rate on a five-year fixed product in that time.}