Mortgage Express range 'enhanced'

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Mortgage Express range 'enhanced'

Mortgage Express has unveiled a series of fixed-rate mortgage products which possesses different loan-to-value ratios.

The group's two-year self-certified with an LTV of 85 per cent has a fixed-rate of 5.44 per cent and an arrangement fee of 1.5 per cent.

Customers who need to borrow up to 90 per cent LTV will enjoy a rate of 5.59 per cent on their package.

Those people looking to borrow between 95 and 100 per cent of their prospective property's value can now take on the Mortgage Express five-year mortgage, which has a rate of 5.79 per cent.

Andy Wiggans, director of mortgage products at the group, said that Mortgage Express' fixed-rate products offer "great value to borrowers looking to lock into a highly competitive rate at this time of rising interest rates".

He added: "Whether the borrower is a first-time buyer looking to take out a high LTV mortgage, or a customer whose working patterns could potentially limit their mortgage options, we can help intermediaries offer their client the product that is right for them."

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