Britannia launches new range of fixed rate mortgages

Britannia is launching a range of three and five-year fixed rate mortgages which include highly competitive rates of 5.24 percent and 5.34 percent.

Launched on Friday, the new deals include options which enable customers to reduce their initial set up fees.

The lowest rate five-year fixed option has an attractive rate of 5.24 percent and the lowest rate three-year option is fixed at 5.34 percent.

Remortgage customers can also switch for free to a very competitive rate.

Tim Franklin, Managing Director of Member Business, said: "These deals offer excellent value over the short and medium term and borrowers have more choice about the rates they want to pay."