This exclusive product is available for both Purchases and Remortgages, and features include:
- Tracker - 1.59% below SVR (currently 4.45%)
- Capped rate of 5.99% until 31/12/07
- Free Valuation
- Free Legals for Remortgages
- Available up to 95% LTV
Network Data Ltd will pay an enhanced procuration fee of 0.30% for all applications received that subsequently complete.
George Fleming, Network Data’s Lender Relationship Manager comments:
‘We are pleased to be able to announce a further addition to our range of Network Data Exclusives and believe this new Capped product with Bristol & West with an attractive initial discounted rate will offer the borrowers the best of both worlds. We will continue to look to add further competitive products to satisfy the needs of our growing number of network members.’
Hilton Baker, Bristol & West Mortgages’ Head of National Accounts comments:
‘With rates predicted to rise significantly this year, this product gives borrowers the best of all worlds, a competitive rate now with a guaranteed cap of 5.99% until December 2007, and the product is fully portable.’