The new Re-mortgage Tracker product has no initial fees and no early repayment charges and no hassle. It is available at 0.35% above the Bank of England Base Rate for the life of the loan.
James Gilbourne, Chief Executive of Catholic Building Society said "This scheme offers fantastic value for people wanting to re-mortgage for a superb deal. We look after our borrowers for life and this product means they need never re-mortgage again".
NEW PRODUCT ANNOUNCEMENT
Re-Mortgage Tracker
Rate: 0.35% above Bank of England Base Rate for the lifetime of the mortgage - Currently 5.10%
Overall cost for comparison 5.2% APR
LTV: 75%
Min Loan: £30,000
Max Loan: £250,000
Max Term: 25 years
Available to: Remortgages only
Income Multiples: 3.25 x single
2.75 x joint
ERCs None
Fees:
Arrangement Fee: £nil
Valuation Fee: £nil
Legal Fees: £nil
Portable Yes
Min Age: 18
Max Age: Negotiable
Repayment Type: Repayment only
Insurances: MPPI - strongly recommended but not necessarily with CBS
