The cash back offer on Preferred’s two-year fixed rate from 5.39% now runs to June 2009 and on the three-year fixed rate from 5.94% it runs to June 2010. These products are also available in Northern Ireland.
Helen Hymos, lender relationship manager at PMPA, commented: “This cash back offer on Preferred’s fixed rates has already proved to be much in demand and we are delighted to be able to extend the term of the offer. Fixed rates remain popular, with rates having gone up recently and customers looking for the security and peace of mind that a fixed rate provides in the first few years. The £350 cash back, available only through PMPA member packagers, is paid directly to customers on completion, and is a valuable benefit that should enable brokers to give added value to their clients.”
