Remortgages:
First Active 2 year fixed rate online only (max LTV 60%) will be reduced to 3.99% (4.0% APR) from 4.25% with a £999 arrangement fee until 31 March 2011. Long term rate is 3.79%.
First Active 2 year fixed rate online only (max LTV 75%) will be reduced to 4.19% (4.0% APR) from 4.49% with a £999 arrangement fee until 31 March 2011. Long term rate is 3.79%.
First Active 5 year fixed rate online only (max LTV 85%) will be reduced to 6.29% (4.5% APR) from 6.79% with a £699 arrangement fee until 31 March 2014. Long term rate is 3.79%.
Purchases
RBS 2 year fixed rate (max LTV 60%) will be reduced to 3.89% (4.4% APR) from 4.15% with a £999 arrangement fee until 31 March 2011. SVR is 4.19%.
RBS 2 year fixed rate (max LTV 75%) will be reduced to 4.09% (4.4% APR) from 4.39% with a £999 arrangement fee until 31 March 2011. SVR is 4.19%.
RBS 5 year fixed rate (max LTV 85%) will be reduced to 6.09% (5.3% APR) from 6.79% with a £999 arrangement fee until 31 March 2014. SVR is 4.19%.
Chris Pearson, director of Intermediary Mortgages, Royal Bank of Scotland said: “We are committed to building on our intermediary proposition of offering competitive products that are backed up by great service. We will continue to invest in our processes and people to make it easier for advisers to do business with us. The recent upgrading of our presence on the Mortgage Trading Exchange (MTE) is tangible evidence of this.”
