Customers moving home can now fix their mortgage between 5.49 per cent and 5.74 per cent - with two, three, five and seven-year deals available.
C&G's capped rate mortgage is capped at 5.79 per cent for four years until 30 November 2008. Early repayment charges will be restricted to the length of the fixed and capped rate periods.
C&G said it will continue to offer hassle-free remortgaging on an on-going basis which includes the waiver of £299 administration charge (for loans of £25,000 and over) and free legals (for loans of £50,000 and over), no valuation charge and no higher lending charge.
For those customers looking to remortgage they can fix their mortgage between 5.74 per cent and 5.99 per cent - with deals from two to seven years. A capped rate mortgage is also available - capped at 6.04 per cent for four years until 30 November 2008. As before, early repayment charges will be restricted to the length of the fixed and capped rate periods.
Kevin Morgan, managing director of Consilium Financial Planning, said: “Capped rates are becoming more popular as the base rates have crept up. C&G has a good high-street presence and local contacts so you are not dealing with some alien entity who you can never get hold of. It will deal with you on a daily basis saving you from having to chase.”
