Pepper Homeloans has launched a 30-month fixed rate loan for residential mortgages and remortgages.
The limited edition loan starts at 2.93 per cent to 70 per cent LTV.
The other options are 3.23 per cent to 75 per cent LTV, 3.63 per cent to 80 per cent and 3.78 per cent to 85 per cent.
Borrowers cannot have any County Court judgments, must not have missed payments in the past 24 months and cannot have any arrears within the previous six months.
Remortgages have free legals. The completion fee is £995.
Early repayment charges are 3 per cent in the first 12 months, then 2 per cent for the remaining 18 months.
Pepper Homeloans sales director Rob Barnard says: “The combination of highly competitive fixed rates and a 30-month period makes this product particularly attractive at a time when there is growing speculation about a possible increase in interest rates next year.”