Savills Private Finance launches residential tracker

Residential

3.99% (APR 5.7%) 0.51% under Bank Base for 2 years

Purchase or remortgage

Available for loans up to 90% of property value

Available for loans up to £2,000,000

£699 arrangement fee

No extended redemption penalties

On-line only

Commenting on the above offer, Simon Jones, Director at SPF said: ‘’This residential tracker is very competitive and has a pay rate which is one of the lowest in the market at the moment.

The benefit of taking a tracker product instead of a discounted product is that there is greater transparency as the rate will move in line with changes to Base Rate and not by whatever the lender decides to alter its standard variable rate (SVR) by.’’