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New range of cheap mortgages

Date: Tue, 12 Jul 2005

A new range of affordable mortgages have been launched by Cheltenham and Gloucester (C&G).

The lender has revamped its two-year and three-year premium fixed rate products in an attempt to remain competitive.

Both mortgages offer a fixed interest rate of 4.59 per cent and can be used to secure up to 90 per cent of the property purchase price.

The two products are subject to early repayment charges during the fixed-rate period as well as an administration charge of £595.

Home owners planning to remortgage their property are also being offered competitive rates of between 5.09 per cent and 5.39 per cent fixed for two to seven years.

"We've lowered rates across our entire range so no matter whether you're moving home or simply remortgaging," said Nick Hale, C&G's sales director.

"I'm confident that we have something for everyone and whichever C&G mortgage you choose - it comes with excellent customer service, supported by our record-breaking tenth consecutive 'Five-Star Service' award at the Industry's Financial Adviser Service Awards."


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Endsleigh Insurance Services Limited is authorised and regulated by the Financial Services Authority. This can be checked on the FSA Register by visiting its web site at www.fsa.gov.uk/register.
Endsleigh Insurance Services Limited. Company No: 856706 registered in England at Shurdington Road, Cheltenham Spa, Gloucestershire GL51 4UE.