Spring into great mortgage deals with RBS

RBS has launched competitive mortgage deals for house buyers and remortgagers this spring. There are offers available, no matter what type of mortgage a customer is looking for – fixed, tracker and offset.

For house buyers and remortgaging homeowners who like to know what their monthly mortgage payment will be, RBS is offering a competitive 2 year fixed rate at 5.19%, with a product fee of only £499. This deal is available for loans up to 75% LTV.

RBS is offering a 2 year base rate tracker mortgage at 4.95%, which is priced at 0.30% below the Bank of England base rate, and is available to those buying a new house or just looking to switch to a better deal. The product fee is £999.

And for homeowners who are already some way towards paying off their mortgage, RBS offers a low 4.99% 2 year fixed rate available for loans up to 50% LTV and up to a maximum of £125,000. This rate is only available to existing RBS current account holders.

RBSs popular offset mortgage which enables mortgage customers to offset current account and savings balances against their mortgage has had its fee slashed from £245 to just £100.

Darrell Evans, Commercial and Product Director, RBS Mortgages said “With some uncertainty on what will happen to interest rates, home buyers and remortgagers will be looking for the best deal possible. We’ve provided a great choice of competitive deals to match the needs of either first time buyers, switchers or those remortgaging”.

All these RBS mortgage deals will be available from 2 April 2007.