Cahoot launches mortgage range by Finance News Bulletin

Published: 01/11/06

Online bank Cahoot has announced the launch of a variety of set rate, tracker and flexible mortgagesThe mortgages, offered in combination with Abbey, will constitute a trial run for the bank till JanuaryIt will launch its own mortgage variety in prospect if the trial proves successful Currently the mortgages are only available over the telephone

John Goddard, managing director of Cahoot, supposed: "With this new range of mortgages we're dipping our toe in the market and difficult the demand for mortgages with Cahoot"As these mortgages are only available over the phone they will actually suit people who are comfortable without face-to-face help from a mortgage adviser"Each mortgage has the option of either a higher booking fee and inferior interest rate, or a inferior booking fee and higher interest rateThe Flexible Plus mortgage also comes with features such as oversums, sum holidays and underpayments

MoneyExpert Limited is authorised and regulated by the monetary military Authority (FSA Registration No 301654) The Financial military Authority does not regulate some forms of mortgage agreement, credit cards,

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