Britannia has just announced the launch of new 3 and 5 year fixed-rate mortgage products which they expect to be especially appealing to first time buyers.
The 3 year fixed rate deals offer rates between 5.34 and 5.69%. They believe this will be especially useful to first time buyers, enabling them to budget better without fear of rising interest rates crippling them financially.
A Managing Director at Britannia says, “ These deals offer excellent value over the short and medium term and borrowers have more choice about the rates they want to pay.â€
The 5year fixed-rate range offer interest rates falling in between 5.24 and 5.49%.
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