The 3-year fixed rate mortgage for borrowers with an LTV of 75% is at 3.69% while those with an LTV of 85% will get a rate of 4.59%, making it the lowest rate mortgage available for those with a 15% deposit.
The deals have a product fee of £995 and are available exclusively through moneysupermarket.com the consumer price comparison website.
Hannah-Mercedes Skenfield, mortgage expert at moneysupermarket.com, said: “Since the beginning of the year we have started to see healthy competition within the mortgage market with fixed rate deals in particular starting to come down. These two 3-year fixed rate products are great deals for those with a deposit of up to 25%.
“With interest rates low and uncertainty around when they will begin to rise again, fixing your mortgage rate for three years is a good option for many who want the certainty of a fixed rate without the commitment of a long term deal. They also offer peace of mind that when interest rates rise, you will not be hit by any increases.”
