The enhanced credit repair product range features a choice of 2 and 3-year fixed rates starting from 5.95% and fixed completion fees of £995 for loans up to 70% LTV and £1,495 for loans up to 75% LTV.
Simon Read, Managing Director, Lending at Magellan Homeloans, said:
“With fixed rates continuing to be borrowers’ preferred option, we’re delighted to be launching these new pricing options.
“I have no doubt these rates will be warmly welcomed by the many borrowers who prefer to know what their payments will be during the initial years of their loan, especially with interest rates being forecast to rise during the first half of next year.”
