Ray Boulger of Charcol comments, "This deal offers borrowers the lowest pay-rate of any two-year discount without trailer penalties, together with daily interest and the option to overpay by up to 10% per annum penalty free. Whilst we are in an increasing interest rate environment, we do not anticipate that interest rates will rise to such an extent that this deal would become uncompetitive. That said, this deal will not be right for everyone. Borrowers will need a deposit of at least 15%."
Early redemption penalties apply for the discounted period only.
Borrowers should contact 0800 71 81 91 or visit www.charcolonline.co.uk
