The product has the following features:
Rate: three-year BBR tracker
- 5.54 per cent to 85 per cent LTV (BBR + 0.29 per cent)
- 5.84 per cent to 90 per cent LTV (BBR + 0.59 per cent)
Completion Fee: £1,495
Early Repayment Charge: 5 per cent of the amount repaid for three years, then one month's notice or 1 per cent thereafter
Procuration Fee: 0.5 per cent
Mel Dring, marketing director at Freedom Lending, said: “This is currently one of the most competitively priced three-year self-cert tracker products available and offers exceptional value, especially when combined with free legals on all remortgages. We’re looking forward to working with the 21 regional packaging members of Freehold over the months ahead.”
