The new product has a rate of 3.97% up to 95% LTV, has no arrangement fee and will only be available for a limited period until the tranche of funding is fully allocated.
Anita Arch, Head of Mortgage Sales, said:
“We’re delighted to be launching this new fixed rate dealwhich has been specifically designed for first-time buyers, with no arrangement fee and the benefit of portability. Funding will be available for a limited period only and we’re anticipating strong demand from brokers and their clients.”
