http://www.telegraph.co.uk/finance/p...e-of-2.65.html
Home owners are being offered a new mortgage with a rate of just 2.65 per cent in what is understood to be one of the lowest ever deals.
The new mortgage is being offered by a private bank and is only available to what are considered fairly elite customers - those who are looking to borrow a minimum of £500,000 and have a minimum deposit of 40 per cent of the value of their property. For those looking to borrow the minimum amount, this would equate to at least £200,000.
However, it has a rate of just 1.15 per cent above the Bank of England base rate, making it one of the most competitive new tracker deals available. It has no redemption penalty for borrowers and an arrangement fee of 1 per cent.
Get borrowing and buying!
Home owners are being offered a new mortgage with a rate of just 2.65 per cent in what is understood to be one of the lowest ever deals.
The new mortgage is being offered by a private bank and is only available to what are considered fairly elite customers - those who are looking to borrow a minimum of £500,000 and have a minimum deposit of 40 per cent of the value of their property. For those looking to borrow the minimum amount, this would equate to at least £200,000.
However, it has a rate of just 1.15 per cent above the Bank of England base rate, making it one of the most competitive new tracker deals available. It has no redemption penalty for borrowers and an arrangement fee of 1 per cent.
Get borrowing and buying!
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