Unity freezes fixed rates

The decision to freeze rates was made due to the high quality of remortgage that brokers are providing across all of the product range.

The range includes:

- Rates from 5.5 per cent to 6.95 per cent

- Light, medium and heavy products

- No extended ERCs

- No credit scoring

- Uncapped procuration fees

Ian Nelson, chief executive of Unity Homeloans, commented: “We are in a very fortunate position of having brokers supporting us with high quality cases. We have, therefore, been able to hold our rates despite the recent BOE rise.”