Britannia announces new mortgage deals

Potential homeowners looking for the best mortgage rate to suit their financial circumstances could benefit from a new range of fixed-rate mortgage offers from Britannia.

Scheduled to be launched on December 8th 2006, there is a variety of deals for people including those looking to remortgage, first and second-time buyers.

Remortgage packages are available as two, three or five-deals, with a rate of 5.64 per cent for the two-year offer and 5.74 per cent for the three and five-year products.

A three-year fixed-rate first-time buyer package is available at up to 95 per cent loan-value (LTV), which has no administration fee, no higher lending charge and no arrangement fee.

The range also includes fixed-rate deals for two, three or five-year periods, each requiring a £399 arrangement fee and rates of up to 5.44 per cent with an LTV of 95 per cent.

Fixed-rate deals should not be affected by any changes in the Bank of England’s base rate, which currently stands at five per cent.

© Adfero Ltd

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