The decision to freeze rates was made due to the high quality of remortgage that brokers are providing across all of the product range.
The range includes:
- Rates from 5.5 per cent to 6.95 per cent
- Light, medium and heavy products
- No extended ERCs
- No credit scoring
- Uncapped procuration fees
Ian Nelson, chief executive of Unity Homeloans, commented: “We are in a very fortunate position of having brokers supporting us with high quality cases. We have, therefore, been able to hold our rates despite the recent BOE rise.”
