Cheltenham & Gloucester unveils new mortgage package

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Cheltenham & Gloucester unveils new mortgage package

Cheltenham & Gloucester has issued a new range of mortgage products as it seeks to improve the borrowing rates available to consumers.

The bank is now providing a new premium fixed rate on one of its mortgages, which it says will deliver significant savings.

The 4.79 per cent mortgage will be made available for borrowing of £100,000 or more, with the product on offer to both home movers and those looking to remortgage.

Sales director Nick Hale said he had confidence in the product.

"C&G prides itself on offering customers the products they want at competitive rates and I'm confident that our new mortgage range has something for everyone - whether they're moving home or simply remortgaging," he said.

"Due to the change in money market rates we're now able to offer our lowest Premium Fixed-Rate this year - a stunning 4.79 per cent fixed for two-years."

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