Pink exclusive through RBS

The three year fixed rate from its RBS brand is available to appointed representatives of both Pink Home Loans and BDS Mortgage Group.

Available for purchases only, the rate is fixed at 6.89 per cent until August 2011. It boasts a maximum loan to value of 90%, no maximum loan size and is available to first-time buyers. Clients taking advantage of the product will also benefit from a low arrangement fee and no higher lending charge.

Neil Hoare, associate director of marketing and IT at Pink commented: “We are working hard to negotiate exclusive products, so that our ARs can offer the best deals to their clients, and we are delighted to have been able to work with Royal Bank of Scotland to offer this product.”

PRODUCT DETAILS

Product description: 6.89% fixed until 31/08/2001

Underlying rate: SVR (currently 7.19%)

Loan to value: 90% LTV up to £500,000. 75% LTV up to £2,000,000 +

Minimum loan: £25,000

Early repayment charge: 3% until 31/08/09, 3% until 31/08/10, 3% until 31/08/11

Arrangement fee: £999

Higher lending charge: None