From 26 April, customers can benefit from rates starting at
5.19% until 1 July 2005, and 5.99% until 1 July 2006.
Other features available on the new fixed rates are:
* Mortgages up to £1 million
* Up to 90% LTV purchase, remortgage available
* Up to 90% LTV self-certification
* Right to Buy available - up to 80%
* Buy to Let available - up 85%
John Webster, Business Development Director, commented: "The market knows that the bank base rate is set to rise over the next 12 months and in preparation for this we have introduced our new fixed rates. Customers have been used to low interest rates for the last 2 years and this gives them an ideal opportunity to plan ahead and avoid the impact of any anticipated rises".
"These rates reflect Preferred Mortgages' focus on continuous product development by working closely with intermediaries. We listen to their feedback and develop products in line with their requirements."
For further information on Preferred Mortgages' new fixed rates call now on 01444 447 755 or visit our website at www.preferredmortgages.com.
