Key features of this fixed rate product are:
- 5.35% fixed until 31 March 2007
- Followed by +0.75% above Bank of England Base Rate for the term
- Free valuation
- Discounted remortgage transfer service
- Daily interest
- £199 arrangement fee
- £199 booking fee
- Early redemption charges of 2.00% of balance redeemed to 31 March 2007
The new product is available to borrowers who want to combine their mortgage and savings to benefit from this increasingly popular type of mortgage.