New John Charcol Mortgage launched
www.moneynews.co.uk > Mortgages > New John Charcol Mortgage launched
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Money News |
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New John Charcol Mortgage launched
Wed 2nd Aug 2006
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The John Charcol Mortgage deal tracks the Bank of England base rate, currently 4.5 per cent for two years which means customers can take advantage of a rate of 3.99 per cent.
Interest is paid out on a daily basis on the new product which features early repayment charges of five per cent and a booking fee of £75.
Ray Boulger, senior technical manager at John Charcol, said: "This is the undisputed market-leading two year tracker for anyone wanting to borrow £200,000 or more and, of course, in today's market, the number of people in this category is increasing by the day."
"The larger the loan the more value this mortgage delivers and there is no limit to the maximum loan size," he added.
Consumers can apply online for a John Charcol mortgage online from the company which was founded in 1999.
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