RBS launches fixed rates starting at 3.65

The Limited Edition Fixed Rate Mortgage starts at 3.65%, fixed until February 2005, for all mortgages up to 95% loan to value (LTV) and 4.25% for 100% mortgages. All mortgages are available to first time buyers, movers and remortgagers.

The Limited Edition Fixed Rate Remortgage is fixed at 3.89%, again until February 2005. It is fee-free and available for loans up to 90% LTV.

Both fixed rates are available on a first-come, first-served basis and neither carries extended redemption penalties.

Joe Flynn, Head of Intermediary Strategy at the Royal Bank, commented: “We are launching this latest range of great fixed rates to reinforce our commitment to the intermediary mortgage market. We offer a wide range of highly competitive products for all types of customer, and also place a strong focus on customer service. Additionally, our competitive procuration fees are supported with a team of dedicated Mortgage Development Managers, based throughout the UK”.