Key Features:
- 5.14% fixed until 1 August 2015
- Available up to 95% loan to value
- No higher lending charge up to 90% loan to value
- 10% capital repayments allowed each year without penalty
- Fully portable if borrowers move during the fixed rate period
- Free mortgage payment protection for 6 months
Jeff Kirk, Corporate Relationship Manager said, "A market leading fixed rate will appeal to people who want certainty about and will enables borrowers to budget effectively. This combined with the ability to repay 10% of capital each year without penalty also offers excellent flexibility. The product is also fully portable should a borrower move home."