A new RBS two year tracker purchase mortgage is being added to the core range offering an initial rate of 4.79% (BoE rate +4.29%) for a maximum loan to value (LTV) of 90%.
In addition, there are two new exclusives. For Concordia there is a low rate, high fee RBS two year fixed rate deal with an initial rate of 3.19% for a maximum 60% LTV and an arrangement fee of £2,499. And for L&G there is a five year first-time buyer deal with an initial rate of 6.99% for a maximum LTV of 90% with no arrangement fee.
Graham Felstead, director of intermediary mortgages, said: “I am delighted to be able to introduce these new products to our range. In response to requests from our business partners we have launched a new tracker mortgage to our core range plus a first-time buyer five year deal and a low rate, high fee mortgage for the London market as exclusive deals for L&G and Concordia respectively. In addition, we are reducing rates on our existing semi-exclusive two and three year fixed rate deals and many of our core range products. We are committed to supporting our intermediary partners with an attractive portfolio of products and excellent standards of service especially in the first-time buyer market.”
