The new deals will be available from Wednesday 1 October and customers can now track their mortgage at between 0.39% and 0.89% above the Bank of England base rate until 31 December 2007. Alternatively the introduction of a Stepped Discount Tracker mortgage range allows customers to track their mortgage at 0.51% below the Bank of England base rate until 31 December 2004, then between 0.49% and 0.99% above the Bank of England base rate until 31 December 2005 and then between 0.99% and 1.49% above the Bank of England base rate until 31 December 2007.
The waiver of all administration charges for remortgage applications has been extended until 31 December 2003.
Nick Hale, C&G’s sales director commented, "The Tracker and Stepped Discount Tracker mortgage deals are further examples of our commitment to offering customers choice. In today's uncertain interest rate climate there will be many who see these as viable alternatives to a fixed-rate deal."
"When you combine these deals with C&G's completely fee-free remortgage offer - there has never been a better time to get yourself a C&G mortgage."
