John Charcol three-year tracker offset launched
www.moneynews.co.uk > Mortgages > John Charcol three-year tracker offset launched
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Money News |
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John Charcol three-year tracker offset launched
Tue 8th Nov 2005
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The maximum loan-to-value (LTV) available stands at 85 per cent, while the maximum amount a customer can borrow is £5 million.
Furthermore, there are free legal fees for customers borrowing the John Charcol three-year tracker offset mortgage, while the arrangement fee stands at £499.
Ofsett mortgages allow borrowers to use their savings account to reduce mortgage payments.
Ray Boulger of John Charcol, said: "Getting maximum value from offsetting is about convenience of using the facilities as well as a market leading rate.
He concluded: "This mortgage is even better as, unlike many offset mortgages, it allows borrowers to link a current account to their mortgage as well as one or more savings accounts."
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