These new fixed rate mortgages, all with daily interest, offer borrowers competitive rates along with flexibility and a choice of terms and conditions.
The new range includes a 3.65% fixed rate until October 2005, a 4.25% fixed rate until 1 October 2008 and for those looking for a longer term solution, a 4.59% fixed rate until 1 October 2013 is also on offer.
All of the new fixed rate mortgages include a free valuation, daily interest and the ability to make annual capital repayments up to 10% of the balance. These new fixed rates offer a variety of other fees free features, such as free legal fees for remortgages or a cashback option for house purchases, free completion fees and no additional security fee to pay.
Ian Stafford, General Manager (Lending) at Universal Building Society, commented: "Many people are keen to take advantage of some of the lowest rates for 30 years. We also recognise that our customers’ circumstances vary and as such this range of fixed rate loans combines excellent rates with choice and flexibility.”
