It is available at 4.50%, allowing unlimited capital repayments without penalty and has no higher lending charge.
Stuart Fearn, product development manager said, "This online exclusive product is extremely competitive at only 4.50%. Customers can visit our website, use the Quick Calculator for details of repayments and receive a verified Key Facts Illustration (KFI). They will also receive an instant decision in principle and be able to apply for this fantastic product online.
"The application is processed immediately and the online facility also allows case tracking, so customers can obtain an instant update on their mortgage at any time from the comfort of their own home.
"The functionality, combined with an extremely competitive product, offers customers a superb combination of excellent value and outstanding service and we expect this product to be extremely popular."
