RBS launches mortgage options for spring
April 3, 2007 by admin
Filed under News, News-Mortgages
The Royal Bank of Scotland (RBS) has announced a number of new mortgage offers for the coming season, including a two-year fixed-rate deal at 5.19 per cent.
This package is available to cover up to 75 per cent of the value of a property and charges a product fee of £499. RBS states that this offer will suit homeowners and remortgage customers who like to know what their monthly repayments will be.
A two-year base-rate tracker mortgage has also been unveiled, currently priced at 4.95 per cent – 0.3 per cent below the Bank of England base rate – with a fee of £999.
Completing the new portfolio of products is a deal for people who have already paid off a chunk of their mortgage. This offer is available with a two-year fixed interest rate of 4.99 per cent, for loans covering up to 50 per cent of the value of a home.
This package is only available to existing RBS current account holders.
Darrell Evans, commercial and product director for RBS Mortgages, said: “With some uncertainty on what will happen to interest rates, home buyers and remortgagers will be looking for the best deal possible.
“We’ve provided a great choice of competitive deals to match the needs of either first-time buyers, switchers or those remortgaging.”
