Standard Life Bank cuts Freestyle mortgage rates and fees

Standard Life Bank has announced further rate and fee cuts across several of its Freestyle flexible mortgage product ranges.

This includes reductions to Freestyle three, five and ten year residential rates, three year fixed buy to let rates and Freestyle Term Tracker products. Fees have been cut by as much as £700 on the Freestyle five year fixed low rate product.

Customers remortgaging to Standard Life Bank will benefit from the same rates and fees as house purchase customers which include:

Three year fixed residential rates from 5.95% up to 50% LTV (7.1% APR) fixed until 24/10/2011

Fix year fixed residential rates from 5.99% up to 75% LTV (7.0% APR) fixed until 24/10/2013

Ten year fixed residential rates from 6.19% up to 75% LTV (6.8% APR) fixed until 24/10/2018

Term Tracker rates from 6.25% up to 75% LTV (6.5% APR)

Three year fixed buy to let rates from 6.99% up to 75% LTV (7.9% APR) fixed until 24/10/2011

These rates are available from Thursday 18 September 2008, for a limited period only and subject to availability.