Crest Nicholson offers fixed rate mortgage deal

Crest Nicholson has announced that it will have access to a competitive, fixed rate mortgage option which is set to help struggling purchasers in today’s market, guaranteeing increased financial security.

The Mortgage Scheme* offers purchasers a sought after and competitive fixed rate mortgage of 5.99% for three years, ideal for families, first time buyers or those looking to downsize in the current market on a first come, first served basis.

Stephen Stone, Chief Executive of Crest Nicholson commented: “We are offering buyers a uniquely competitive deal in the current climate, when many lenders are tightening their criteria. With a fixed rate offer of 5.99%, in contrast to typical market rates of 7.3%, there is the opportunity for purchasers to save up to £1,632 a year, based on the average house price of £184,111.”**

Stephen adds: “With many homeowners coming to the end of their fixed rate deals who might be concerned at the prospect of having to pay higher rates when moving home, our new Mortgage Scheme is ideal for offering security and certainty in the coming months.”

For more information visit Crestnicholson.com.

* Offer is subject to status and Crest Nicholson terms and conditions. Usual lender criteria apply. Available through Crest Nicholson’s recommended independent financial advisors.

** Halifax average house price index. Savings have been calculated on a 25 year mortgage based on 90% Loan-To-Value.