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Britannia introduces new mortgage deals


Britannia has brought forward a range of two-year and three-year mortgage deals.

One of the biggest lender in the UK Britannia, was in fact named for the Best Medium Term Fixed Rate Provider, they were also the Best Overall Fixed Rate Mortgage Provider at the Moneyfacts presentation, which in fact consists of four new deals.

Interest rates for the Britannia’s two-year fixed option start s at 6.39 per cent with a 50 per cent loan to value (LTV), homeowners have the option to begin with rates of 6.74 per cent.

To include, its three-year fixed option one contains initial interest rates from 6.64 per cent for a 75 per cent LTV and the other alternative starts from 6.94 per cent.

Director Tim Franklin, Britannia’s manager commented: "Britannia’s mortgage range not only offers this peace of mind, but also offers a choice of packages to suit the borrower’s circumstances."

A report indicated that Alliance & Leicester has launched a new range of mortgage products. The leading lender has a two-year base rate tracker, which has a starting rate of 5.98 per cent.

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