Bradford & Bingley remortgage launched for holidays

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Bradford & Bingley remortgage launched for holidays

Christmas costs could be offset by a competitive remortgage, the Bradford & Bingley remortgage division said as it launched a new range of products today.

The new Bradford & Bingley remortgage products come just in time for the holiday shopping period and the company says they could prove a good alternative to credit cards.

"With many people having to use credit cards to help pay for the festive season the financial hangover could last well into the New Year," Bradford & Bingley said in a statement.

They added that homeowners on a standard variable rate could save around £150 a month by moving onto a remortgage deal with "attractive cashbacks".

Consumers are expected to spend £615 over Christmas, a cost that would be offset by a Bradford & Bingley remortgage, the company said.

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