The market-leading deal funded by the Woolwich has a highly competitive initial pay rate of just 3.19% (4.9% APR).
Key features include:
* Bank Base Rate —0.31% for 2 years
* Reverts to SVR for term
* Max LTV 95%, MIG free to 90%
* Repay up to 25% of loan per year penalty free
* Fully flexible features
* No extended tie-ins
David Bitner, head of product operations for The MarketPlace, comments: "If you have at least a 10% deposit (as MIG kicks in at 90%) the combination of the fantastic rate and flexible features make this an extremely attractive deal for borrowers.
"With payment holidays, underpayments, a drawdown facility and the ability to repay up to 25% of the loan per year, penalty free this product really is the definition of flexibility in the mortgage arena."
Borrowers who would like information on this product should visit any branch of The MarketPlace at Bradford & Bingley, call free on 0800 11 33 33, or visit www.marketplace.co.uk
