Britannia makes further cuts to fixed rate mortgages

Britannia has further reduced the cost of some of its fixed-rate mortgages with rates falling by up to 0.60% for borrowers requiring a loan-to-value (LTV) of 80% or less.

From Friday (5 December) the highlights of the Society's range will include:

five-year fixed-rate products with rates of 4.89% (to 60% LTV) and 5.09% (to 80% LTV); and

ten-year products offering rates of 5.29% (to 60% LTV) and 5.49% (to 80% LTV).

All of Britannia's fixed-rate products are fee free, with some options also offering a free standard valuation and free conveyancing for remortgage customers.

Tim Franklin, Managing Director of Member Business, said: "In addition to some great rates, with no upfront arrangement fees, we're also allowing borrowers to choose their rate now and reserve it for up to four months. So even if their existing deal doesn't run out until next year, they can still take advantage of our current mortgage deals."

Borrowers looking for more information about Britannia's mortgage range should visit britannia.co.uk