L&C offset tracker deal launched
www.moneynews.co.uk > Mortgages > L&C offset tracker deal launched
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Companies |
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Money News |
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L&C offset tracker deal launched
Wed 19th Oct 2005
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The L&C offset tracker deal is pegged at 0.19 per cent above the Bank of England base rate until December 1st 2007.
For customers looking to remortgage the deal provides refunded valuation fees and free basic legal work.
Fewer savings are now required for customers to make offsetting worthwhile and rates on offset deals are gradually improving.
James Cotton, mortgage specialist at L&C, comments: "Traditionally, the rates on offset deals have been higher than standard rates, so borrowers have needed a considerable amount of savings to make them worthwhile. However, as the margin shrinks, more and more people can benefit from offsetting."
L&C specialises in residential, buy-to-let and adverse credit sectors of the mortgage market.
Related News : Mortgages |
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