The following article is great news for the mortgage industry, especially for consumers who are looking for the best fixed rate mortgage deals. http://www.bbc.co.uk/news/business-21381921 The five year fixed rate deals mentioned in the article are for homeowners with very large equity holdings in their property. Borrowers with deposits of between 10 and 20% will start receiving benefits in the near future as the market reacts to these changes and competitors feel more confident to lend to borrowers with smaller deposits.rnrnThis information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action. The tips may not apply, or be suitable, to everyone and you should contact us for advice if you are unsure whether this is the case.rn
