The headline deals are for 60% LTV but there's a good value 10 year fix available at 75% LTV for 2.64%. However, I'll just talk about the headline deals in this post.
The deal linked to below was a good deal from HSBC which, unfortunately, was pulled last December. It was available at 65% LTV.
However, assuming that you meet the 60% LTV requirement, this deal is much better for one main reason - early repayment charges. The first list below is the First Direct ERC for years 1 through 10 and the second list is for HSBC for years 1 through 10.
Ten years is a long commitment and people can need out of a mortgage deal for many reasons such as divorce or remortgaging to release equity for college tuition, medical expenses or entry to retirement homes. With the First Direct product, unless you encounter issues in year 1, the ERC will be just 2% - which most will be able to handle.Your text here