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What are the Mortage Intrest Rates at the moment?.


andyalden
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Hi

 

I’m looking into buying an apartment (Ski) on a lease back scheme and I’m trying to find out if I can afford to buy!

 

In the UK the Banks and Building Societies clearly state the Interest Rates on their Web.

 

I’ve no idea how much the Interest Rates are but understand that they are lower then the UK, does anyone know a site that lists them?. If not I’ll wait till Monday and make some calls.

 

As it’s an 11-year lease back I would try and get at least a 5-year fixed rate if that’s at all possible?

 

Thanks, Andy

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Hi Andy,

 

To give you a rough idea, mortgage fixed rate for 11 years start at 3,65% and variable capped +1%, start at 3,10%(maxi 4,10%) .Those rate are available today(17/5/2006) and may change subject to your individual circumstances [;-)].

Regards.

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