All the deals are priced at the same level as Freedom's current two-year fixes.
The three-year fixed rates start from 5.43 per cent depending on product and loan-to-value (LTV). These include self-cert to 90 per cent LTV at 5.88 per cent and buy-to-let to 85 per cent LTV which uses both rental and earned income, also priced at 5.88 per cent. Borrowers have a choice of either paying a completion fee of 1.25 per cent for Prime, Very Near Prime and Near Prime products or 1.50 per cent for buy-to-let products, or alternatively paying a fixed completion fee of £595 across all products.
Freedom Lending marketing director Mel Dring said: “Our two-year fixed rate options have proven to be extremely popular and we are now able to offer 3 year fixed deals at exactly the same rates. This gives borrowers real choice and the ability to lock-in to the certainty which slightly longer term fixed rates bring. This enhancement has been made possible as a result of our acquisition by Merrill Lynch.”
