From Monday 5 September Cheltenham & Gloucester is repricing the rates on its three-year Premium fixed rate mortgage and its standard two, three, five and seven-year fixed rate mortgages.
Nick Hale, C&Gs sales director, commented: "Following the increase in the cost of purchasing funds through the money markets it has been necessary for C&G to review its rates and these new products are available from 5 September 2005. We have been able to maintain our market leading 4.39 per cent two-year Premium fixed rate for the time being, but this is unlikely to be sustainable for long."
