Britannia Two-Year Fixed-Rate mortgage among new offers

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Britannia Two-Year Fixed-Rate mortgage among new offers

Fri 12th May 2006

A Britannia Two-Year Fixed-Rate mortgage is among the new offers from the lender today, with an interest rate of 4.54 per cent up to 95 per cent loan-to-value (LTV).

The offer has an arrangement fee of £399 and an administration fee of £100 and tapered early repayment charges of two and one per cent apply.

A Three-Year Fixed-Rate option was also launched, with a rate of 4.64 per cent up to 95 per cent LTV.

Early repayment charges ranging from three to one per cent in the introductory years of this mortgage apply and arrangement fees of £399 and administration fees of £100 are payable.

This three-year option is also available for first-time buyers with an initial rate of 5.14 per cent up to 75 per cent LTV, 5.24 per cent up to 90 per cent LTV and 5.54 per cent up to 95 per cent LTV.

The Britannia Two-Year Fixed-Rate mortgage and three-year fixed-rate option are both available for remortgage customers, with rates of 4.84 and 4.94 per cent respectively and no higher lending charges.

Full information on Britannia's products can be found on the lender's website.