Clydesdale Bank unveils cheap mortgages

Clydesdale Bank has just announced the launch of a range of new products for those seeking cheap mortgages through brokers.

The new home loans offer mortgage rates from as little as 2.49 per cent 4.3 per cent APR available from the start of this week June 13th.

A two-year fixed-rate product is available to customers seeking up to £500,000 on mortgages with a loan to value LTV of a maximum of 70 per cent offering mortgage rates of just 2.98 per cent.

Similar deals are available on LTVs of up to 75 per cent for those with smaller deposits.

However, those seeking to benefit from the same interest rate and monthly payment for five years also have a choice of cheap mortgages to choose from, with mortgage rates starting from 4.29 per cent.

Meanwhile the Council of Mortgage Lenders has revealed that house purchases increased modestly in April.

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2011-06-14 13:08:15 © Moneyextra.com