New Britannia mortgages 'competitive'

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New Britannia mortgages 'competitive'

Britannia Building Society has rolled out a series of three and five-year mortgages offering exceptional value to customers.

Set to be launched tomorrow, the three-year package is available at a rate of 5.34 per cent with fees of £499 and a rate of 5.54 per cent with fees of £399.

No arrangement fees will be paid on the group's 5.69 per cent three-year option, with a free first standard valuation being available.

Britannia is also set to launch a five-year package with a variety of rates depending upon the arrangement fee.

Tim Franklin, managing director of member business, said: "These deals offer excellent value over the short and medium-term and borrowers have more choice about the rates they want to pay."

Many of the other Britannia mortgage packages also come with a free first standard valuation.

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