RBS IP launches fixed rate deals and cuts rates
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Royal Bank of Scotland Intermediary Partners is launching a range of fixed rate deals and has cut rates on some of its existing two and three-year fixed rate products.
The range includes a new two-year fixed rate deal for purchases at 4.29% up to 70% LTV and with a £999 arrangement fee.
The lender is also offering three new exclusive deals for purchases, with two out of three aimed at the first-time buyer market.
The first is a three-year fixed rate deal at 6.29% up to 85% LTV and with no arrangement fee, while the second is three-year fixed rate for borrowers using one of the government’s shared equity schemes and is 5.59% with a £199 arrangement fee.
The final exclusive deal is a two-year fixed rate deal at 4.59%, a maximum LTV of 75% and an arrangement fee of £999.
These three deals are available only through Countrywide, Connells, Sesame, Personal Touch, Legal & General, Openwork, Your Move and Mortgages Direct.
First Active is also offering a two-year fixed rate remortgage deal at 4.19%, with no fee and available up to 70% LTV and another two-year fixed rate remortgage deal at 5.79% for borrowers wanting up to 80% LTV.
RBS IP and First Active have also made further cuts to its fixed rates, including cutting the rate on its 80% LTV two-year fixed rate purchase deal from 5.99% to 5.59%.
All products will be available from October 29.
