Victoria Mortgages Three-Year Near-Prime Fixed-Rate deals on offer

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Victoria Mortgages Three-Year Near-Prime Fixed-Rate deals on offer

A pair of new Victoria Mortgages Three-Year Near-Prime Fixed-Rate deals have been launched today.

The first is available at 5.69 per cent up to 75 per cent loan to value (LTV) and the second at 6.09 per cent for up to 90 per cent LTV.

Both self-certified and status customers are eligible for the offers, although fees for self-certified or remortgaging customers may be added, product website Mortgage Introducer reports.

On the company's near-prime range, a maximum of £500,000 may be borrowed with an LTV of up to 85 per cent and £400,000 for mortgages up to 90 per cent LTV.

"Our packagers told us that a near-prime fixed-rate product without a step would be a useful addition to our range, so we've launched two," explained Karen Hillgren, chief executive officer at Victoria Mortgages.

Ms Hillgren also claimed that the new Victoria Mortgages Three-Year Near-Prime Fixed-Rate deals would offer strong competition to any other mortgages currently in the market.

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