Mortgage customers given more choice
Published On 11 February 2007
Those looking to get on the UK property ladder will be boosted by the news that Britannia Building Society has re-launched a new and improved range of its mortgages.Customers at Britannia will benefit from a new option that allows them to select the rate and fee amount which suits their financial situation the best.
Tim Franklin, Britannia spokesman, explained some further benefits of the new line of products.
He said: "The new range has something for everyone, whether they are looking for a fixed rate, a tracker or even a flexible mortgage. The new options mean that borrowers can have more choice about the rates and the fees they want to pay.
"The new seven year fixed rate mortgage gives borrowers the peace of mind that their monthly payments will remain the same for the next seven years."
There is a new seven-year fixed rate mortgage from the group with rates at 5.64 per cent and 5.79 per cent.
Any remortgage customers with Britannia also benefit from a free conveyancing service and no higher lending charge on any new products.
This week saw interest rates pegged at 5.25 per cent but analysts from The Centre for Economics and Business Research predict a further rate rise in March.
