article_snippet.sent: The only cheaper deal was offered by TSB at 2.09 per cent, but The only cheaper deal was available only on loans over £200,000 and for those remortgaging, and carried a fee of £1,995.
article_snippet.sent: The offer is available only to those with a deposit of at least 40 per cent, with a £1,499 fee.
article_snippet.sent: Other than the usual affordability criteria, there are no other restrictions.
article_snippet.sent: Mortgage broker David Hollingsworth, of London and Country, said:
article_snippet.sent: But brokers warned that tougher lending criteria meant these cut-price deals were not available to everyone, including older borrowers and the self-employed.
article_snippet.sent: Experts warned that borrowers looking for a fixed-rate mortgage deal must consider the whole package rather than the headline interest rate, and factor in any fees, which can add significantly to the overall cost of the loan.