Beacon says 2.40% discount product popular

Beacon Homeloans’ says its 2.40% one-year discount mortgage is proving popular amongst its panel of packaging partners and their supporting intermediaries.

Clive Willson, head of sales for Beacon Homeloans, says: “Our new one-year discount compliments the competitive two- and three-year fixed rates we also have on the market.

“We have listened to our packagers request for more choice on our discount range, and once again we have delivered.”

Dudley Aldous, sales and marketing director at Praxis, says: “I know this discounted rate will be welcomed by our introducers.

“It is a great addition to the portfolio of products we already offer and I have no doubt that it will prove popular”.