Coreco Announce Remortgage Limited Offer!

publication date: Jun 17, 2011
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author/source: Guest article by Coreco Group
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Coreco Announce Remortgage Limited Offer!

Tracker Rate at 1.99% and 2 year fix at 2.89%!

The High Street Sales really have come to the mortgage market this week with the latest in a series of pricing wars echoing the calls of the average market trader, "get ‘em while they're hot!"

Following an interesting new trend set by a couple of lenders, these rates are only available for 7 days, yes, that's right, the high street sales have come to the mortgage market which shows the extent to which lenders are starting to want / need to lend again.

And now the science bit :-

  • 1. 2 year Tracker up to 70% LTV at 1.99% (BBR+1.49%), Subsequent rate 4.24%, The overall cost for comparison is 4.00% APRwith a £995 arrangement fee
  • 2. 2 year Fixed rate up to 75% LTV at 2.89%, Subsequent rate 4.24%, The overall cost for comparison is 4.20% APR with a £995 arrangement fee,

Available on a remortgage basis with all the frills and spills i.e. free valuation and legal fees, these products should appeal to even those sitting on the lowest standard variable rates.

So if you do feel that rates will rise over the next 2 years but are sitting on a variable rate of 2.50%, the additional cost for security is now very low, this of course assumes that rates are not going to rise by at least 0.39% over the next 12 months.

Both of these products have realistic fees and are available up to £1,000,000.

Guest Article by Coreco Group
Tel: 020 7220 5100
Your home may be repossessed if you do not keep up repayments on your mortgage. A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £495.
MAB 2971


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