Brittania Building Society is launching two new market-leading fixed rate mortgages for two and three year periods this week.

The homeowner loan deals will be available at a fixed rate of 4.49 per cent over a three year term and just 4.34 per cent over a two year term.

Both products offer a maximum loan-to-value rate of 95 per cent for a £399 arrangement fee and £100 in administration charges.

The mortgage rates are available to both new and existing customers. The building society is also launching two new products tailored for remortgagers.

A two year fixed rate remortgage package will be launched at 4.64 per cent and a three year fixed rate for 4.79 per cent.

The building society is charging a flat £99 fee to remortgagers, with no administration, valuation or conveyancing fees, including compulsory disbursements.

"Borrowers who want the security of knowing exactly what their monthly repayments will be should take advantage of these new mortgages," said Tim Franklin, managing director of member business at Britannia Building Society.

"They all offer great interest rates, and remortgage customers can switch to a new Britannia deal for a fixed fee of £99."

© Adfero Ltd