Product details:
- 5.89% fixed until 31/08/2009
- £699 arrangement fee
- Maximum loan-to-value 85%
- Maximum loan £250,000
- Early repayment charge: 3% until 31/08/2009
- Product Code: W1L
Neena Kithoray, senior product manager at Bristol & West Mortgages, said: “Borrowers needing a smaller mortgage at a lower loan-to-value may not want to pay a large fee for a competitive fixed rate deal. As one of the best products in the market with a lower fee, our new two-year fixed rate has been designed specifically with this type of client in mind."