Currently set at a rate of 6.49%, this new product is available exclusively through intermediaries for both house purchase and remortgages with a completion fee of £695 and a maximum loan to value of 85%.
The mortgage is available to consumers wishing to purchase a home or to remortgage from their existing mortgage lender. In addition, consumers who use this product to remortgage their home benefit from a free valuation and discounted legal fees.
This product is available as part of the re-launch of Stroud & Swindon’s self-certification mortgage product portfolio.
Paul Chafer, sales and marketing director, stated:
“We are delighted to offer this excellent tracker product. Following recent interest rate rises, it is a great time for customers who believe rates have peaked to opt for a tracker product, in the hope of lowering their future monthly payments.”
