Britannia building society is offering all homeowners the chance to remortgage to any one of its range of remortgage deals for just £99.
It has also scrapped all higher lending charges, and will charge no fees for administration, valuation, and conveyancing, including disbursement.
Britannia’s specialist two-year discount tracker remortgage deal has an APR of 4.55 per cent.
The building society has also recently relaunched its core two-year Discount Tracker deal at a new low rate of 4.40, taking it below the base rate of inflation.
The two-year deal charges an arrangement fee of £399, an admin fee of £100 and higher lending charges above 90 per cent loan-to -value, however, alongside usual valuation and conveyancing charges.
“For a fee of just £99, Britannia covers all the costs of switching,” said Mike Sims, marketing manager for Britannia.
“These products offer customers the opportunity to remortgage to Britannia and save thousands on their mortgage.”
The homeloan market has soared to record levels recently as homeowners take advantage of low cost deals to find the best mortgage rate.
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