John Charcol 2-year fixed-rate for remortgagers launched

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John Charcol 2-year fixed-rate for remortgagers launched

The John Charcol two-year fixed-rate for remortgagers has been launched and comes with a market-leading rate according to the independent mortgage adviser.

A fixed-rate of 4.45 per cent until December 31st 2008 is available to customers purchasing the product with an arrangement fee of £999.

To take advantage of the John Charcol two-year fixed-rate for remortgagers offer, customers must borrow a sum of between £100,000 and £1.5 million.

Ray Boulger of John Charcol stated: "With the bank rate rise in August and the distinct possibility of another next month, many borrowers are keen to fix the rate on their home loans.

"For those with average size loans, the chance to fix their mortgage at a market-leading rate with a fee of under £1,000 has been a pipe dream for a few months, with only those who have jumbo mortgages offered the lowest rates. This product provides a timely solution to this issue."

The John Charcol two-year fixed-rate for remortgagers product also allows borrowers to get a free property valuation on houses worth up to £2 million and free legals in England and Wales, as well as £400 cashback in Northern Ireland and Scotland.

John Charcol was established in 1974 and offers an independent advisory service to its customers. A choice of around 4,000 mortgages from over 100 lenders are offered.

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