Fixed rates start to fall
May 13th, 2008 by Tim Lee
The Abbey have today announced the launch of a special three year fixed rate remortgage deal for those whose mortgage is less than 50% of the value of their home.
Priced at 5.78% (cost for comparison 7%), the fixed rate remortgage deal comes with a free valuation and free remortgage legal fees.
The scheme is only available through selected intermediaries, including the Mortgage Warehouse.
We hope this might prompt other lenders into reducing rates over the coming months.
Posted in General Mortgage Comment, Remortgaging
