Rates will remain at the the levels announced in June this year. The fixed rate product range starts from 5.14% for a two-year product.
In addition, Preferred's discounted rates now start from 4.60% following the 1 December LIBOR update to 5.25%.
Roger Taylor, director of sales and marketing at Preferred, commented: “Having resisted pressures to raise our fixed rates in September, we're delighted to still be offering our June fixed rates six months later. This demonstrates our continued commitment to maintaining competitive rates in a changeable marketplace.”
