It's win / win with Britannia

Britannia has reduced the rate of its three and five year fixed rate mortgages, including its member only option, as well as cutting its two year discount tracker.

What's more, revised LTV bands have been introduced on the new products giving borrowers three new LTV options - 60%, 80% and 90%.

The new rates, available from Friday 19 September, are below.

Tim Franklin, Managing Director of Member Business, said: "These new mortgage options offer a wide choice of market-leading rates for borrowers. And for existing Britannia members there's even more choice with our member-only mortgage - ensuring we continue to put our customers first."

Britannia has also added a win/win option to its two year discount tracker. Borrowers who choose the product but decide to switch to a fixed rate package with Britannia during the two year discounted period, can do so without paying the associated early repayment charges.

Tim added: "For borrowers who are unsure whether to opt for a fixed rate or a tracker product, our win/win option gives them the best of both worlds."