Newcastle fee free offset mortgage launched
www.moneynews.co.uk > Mortgages > Newcastle fee free offset mortgage launched
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Money News |
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Newcastle fee free offset mortgage launched
Mon 5th Dec 2005
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No completion fees or early repayment charges apply to the loan, which also comes with free legal fees and a free valuation up to £410.
Steve Urwin, of Newcastle Building Society, said: "It is ideal for anyone wishing a guaranteed competitive tracker rate set for the lifetime of the mortgage."
Furthermore, customers can open as many savings accounts as they like to offset the value of the mortgage.
The maximum loan to value (LTV) for the Newcastle fee free offset mortgage is 85 per cent.
A family feature is also available, which allows customers to use other family members' accounts to offset the mortgage.
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