Mortgage rate of the week
Accord Mortgages has one of the most inventive mortgage rates available and it has been popular with Trinity's clients.
The mortgage initially tracks the Bank of England base rate for two-years giving a pay rate of 2.19%. It then reverts to a three-year fix at 3.64%.
Early repayment charges apply for five-years, but this mortgage offers a considerable amount of payment security. The maximum loan is £750,000 and the arrangement fee is £1995. Borrowers require a 25% deposit.
September 2, 2011