Newcastle fixed rate mortgages launched
www.moneynews.co.uk > Mortgages > Newcastle fixed rate mortgages launched
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Money News |
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Newcastle fixed rate mortgages launched
Thu 8th Dec 2005
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The Newcastle fixed rate mortgages are available for two, three and five-year terms and yield the same 4.54 per cent interest rate.
Newcastle said that the fixed rate leaves customers to pick their suitable term, adding that their five-year mortgage is at "a current market-leading rate".
"These mortgages can be chosen according to the circumstances of the customer. If someone is happy to fix for five years they will be on the same rate as someone only fixed for two," said Steve Urwin, Newcastle's assistant general manager for marketing and new media.
The three Newcastle fixed rate mortgages are only differentiated by their completion fee and redemption charges, the building society added.
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