Both products offer reduced fees for those customers remortgaging to Britannia and have a rate of 5.09 per cent, giving an APR of 6.3 per cent for the two-year and an APR of 6.1 per cent for the five-year. Both products have an arrangement fee of £349.
In addition, there is no administration fee, a free standard valuation and Britannia will provide free conveyancing, saving £430 for the average customer.
Dominic Facci, acting Head of Marketing at Britannia, said; "Customers remortgaging to Britannia's new fixed rate products not only benefit from a great rate, but also reduced upfront fees"
