AA launches new exclusive member mortgage deals

Following its entry into the mortgage market in August 2016, the AA has launched a new range of competitive fixed rate mortgages.

Available exclusively to AA members, the 5 year fixed has a rate of 2.23% and the 3 year fixed a rate of 1.84%.

Michael Johnson, Director of Financial Services at the AA, said: “The mortgage market is extremely competitive at the moment and we want our members to benefit from that, which is why we’ve introduced a new range of competitive fixed rate mortgages.

“Homeowners should regularly review their mortgage. Even for those still in a fixed period, a good rate from a few years ago may not be a good rate today. It’s worth looking at the savings that could be made by switching when you take into account early repayment charges.

“We offer a free Mortgage MOT over the phone to help our members understand their options.”