Britannia's fixed rates remain in place

In light of the Bank of England Base Rate increase, Britannia has pledged not to pull any of its fixed rate products - unlike other lenders.

And instead of pricing up its products, anyone applying for a fixed rate mortgage before February 1, 2007, will not face a hike in rates.

Following the BBR increase, the Society guarantees its current range of competitive fixed rate products - which are all Q1 - will not be pulled from the market.

Tim Franklin, Director of Britannia Building Society Member Business, said: "While other lenders have been pulling their fixed rate products following the Bank of England Base Rate increase, we have decided against that move.

"The last Bank Base Rate rise was unexpected and we want to provide a little bit of certainty for people in a time of uncertainty."

Britannia's two-year fixed rate mortgage has a rate of 5.34 percent. The three, five and 10 year-fixed all have a rate of 5.44 percent with £499 fees. Standard valuing and conveyance fees apply.