Charcol launches two-year fixes

Charcol has launched a range of two-year fixed rate deals.

The lower rate of 4.49% is available to both purchasers and remortgagers. There is also a deal specifically for remortgagers fixed at 4.69%. This product comes with a free valuation and free legals.

Both deals come with early redemption charges for the first two years and the facility to overpay by up to 10% each year.

Ray Boulger, senior technical manager at Charcol, says: “These deals offer exceptional value to both purchasers and remortgagers. Given that we have recently seen a number of lenders either pull their cheapest fixes or re-price them upwards, these products come as a welcome reprieve for borrowers looking to fix their loan. We expect these deals to be popular so anyone looking to fix their mortgage now should take advantage of these fixes while they can.”