Kim Rebecchi, Director of Sales & Marketing said, "This is a fantastic opportunity for those borrowers who wish to lock into the certainty of low fixed repayments. The product speaks for itself and delivers peace of mind and security, combined with the flexibility of 10% capital repayments each year at a very affordable rate. The mortgage is also fully portable should a borrower wish to move home."
The rate of 3.40% is available up to 75% loan to value. There is also a version available up to 80% loan to value at only 4.99%, with exactly the same flexibility.
Kim added "Many customers will welcome the ability to budget and limit their monthly outgoings, particularly existing mortgage customers who may be coming to the end of their current deal.
"These new products are available throughout our 68 strong branch network, where we have fully qualified mortgage advisers to discuss individual customer needs."