Newcastle Building Society five-year fixed-rate mortgage launched by Finance News Bulletin

Published: 03/12/07

wwwmoneynewscouk > Mortgages > Newcastle Building civilization five-year fixed-rate mortgage launchedThe Newcastle Building Society five-year fixed-rate mortgage has been introduced with an interest speed that is a market leader, according to cost comparison company Moneyfacts

With a rate of 505 per cent that is fixed until January 31st 2012, the mortgage product offers clientele the opportunity to take advantage of a smallest amount loan of £15,000 that rises to a maximum of £500,000A free valuation up to the worth of £410 or the choice of £250 cashback is provided by the Newcastle structure Society five-year fixed-rate mortgage as well as 95 per cent loan to valueSteve Urwin, older executive in marketing and new media at Newcastle Building Society, remarked: "Given the doubts over potential base speed rises over the coming months we are very pleased to be expanding our manufactured goods range and offering our customers a leading fixed speed mortgage deal

"This product offers buyers the chance to fix their repayments for five years with the certainty that there will be no change, regardless of store of England decisions"After January 31st 2012, the Newcastle structure Society five-year fixed-rate mortgage's rate will change to a variable speed which currently stands at 682 per cent,

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