C&G reprices premium mortgage rates

From Monday October 3 2005 Cheltenham & Gloucester is repricing the rates on its two year and three year premium fixed-rate mortgages.

Nick Hale, sales director at C&G says: “Following the increase in the cost of purchasing funds through the money markets it has been necessary for C&G to review its rates and these new products are available from 3 October 2005.

“Our new deals comprise a two year premium fixed-rate at 4.49% and a three year premium fixed-rate at 4.69% – both of which still provide excellent value for those borrowing more than 100,000. For those remortgaging free legals also apply.”