The deal offers free valuation for properties up to £750,000 and no arrangement fee. Available at 95% LTV to first-time buyers, the procuration fee is 0.3%, with a minimum of £300.
Marketing director at Mortgage Next, Justine Tomlinson, commented: "With its low rates combined with free valuation, this mortgage provides true cost savings to the customer."
Mortgage Next is an established, specialist mortgage product provider. The company facilitates the introduction of mortgage business from financial advisers and financial institutions, to a select panel of lenders. Launched in 1996 the company is now the largest independent mortgage network in the UK, introducing over £2.1 billion in new mortgage lending during the last financial year.
