Money Partners reduces two and three-year fixed rates

With immediate effect, Money Partners’ supporting brokers will benefit from the following improvements:

- Two year fixed rates reduced by up to 1.10 per cent - rates now start at just 5.04 per cent

- Three year fixed rates reduced by up to 1.25 per cent - rates now start at just 5.24 per cent

The completion fee payable is £795 (to include legal costs), and commission rates remain unaffected.

The new fixed-rate Origin products are available to registered brokers through Money Partners’ interactive website, MoneyPort.

Adam Henry, Money Partners’ sales and marketing director, said: “Coupled with our uncompromising commitment to service excellence, our refreshed fixed-rate mortgages now provide our brokers with an enviable offering. We are able to do this because of the close and open nature of our partnerships and our ability to move quickly in the face of changing market conditions.”

He added: “2006 promises to be an interesting year in many respects, not least in terms of competitiveness. Our response is to continue to invest heavily in research and design capabilities to ensure our intermediary partners have ready access to a full range of market-challenging products and support programmes.”