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New options for those trying to find a mortgage

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Those trying to find a mortgage can choose from two new deals which will be launched by Britannia Building Society today.

The fixed-rate mortgages are available for a period of two or three years up to a maximum loan-to-value of 95 per cent.

A mortgage rate of 4.49 per cent applies for the three-year mortgage deal, while the mortgage rate for the two-year deal is set at 4.34 per cent.

The mortgage lender has also announced two new mortgage packages for those trying to find a remortgage.

For the remortgage package over two years, a fixed mortgage rate of 4.64 per cent applies, while a 4.79 per cent mortgage rate is charged for the three-year deal.

Borrowers who want the security of knowing exactly what their monthly repayments will be should take advantage of these new mortgages, advises Tim Franklin, managing director of member business at Britannia.

They all offer great interest rates and remortgage customers can switch to a new Britannia deal for a fixed fee of �99.

New and existing Britannia customers qualify for the new mortgage offerings.

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