Skip to main content

News

  • Britannia latest
Subscribe to newsfeed 

Britannia latest

Posted on 25 April 2010  - 12:00

Following the recent launch of the market-leading two year fixed rate, Britannia, the official mortgage provider for Tottenham Hotspur, has launched some more new best buy mortgages with the arrival of a new three-year tracker and a five-year capped tracker.

Britannia latest

Following the recent launch of the market-leading two year fixed rate, Britannia, the official mortgage provider for Tottenham Hotspur, has launched some more new best buy mortgages with the arrival of a new three-year tracker and a five-year capped tracker.

Three-year tracker mortgage - until 31/07/2013
A Tracker Rate Mortgage that tracks the Bank of England Base Rate. Whenever the Base Rate changes the interest rate set for your mortgage tracks the change. So, you pay more when the Base Rate goes up and less if it goes down.

The Tracker rate applies for the initial period and the mortgage rate reverts to Britannia's Standard Variable Rate for the remaining term.

This new market-leading three-year tracker rate until 31/07/2013 has an arrangement fee of £999. Early repayments charges apply until 31/07/2013.

Advance Initial Rate Current Standard Variable Rate Overall cost for comparison

Up to 75%

2.49%

Bank of England Base rate
plus 1.99%, currently 2.49%
variable until 31/07/2013.

Changing then to our Standard Variable Rate

4.24%

Remaining on these
variable rate terms
for the remainder of the mortgage term

3.9% APR variable

Five-year capped rate mortgage - until 31/07/2015
A capped rate mortgage that tracks the Bank of England Base rate, which means you pay less when the rate goes down and more when the rate increases.

The capped rate on this product ensures your monthly mortgage payments do not go above a certain level, so you can benefit from Base Rate reductions and know your payments are capped if the base rate increases significantly.

An arrangement fee of £999. Early repayments charges apply until 31/07/2015

Advance Initial Rate Current Standard Variable Rate Overall cost for comparison

Up to 75%

2.99%

Bank of England Base rate
plus 2.49%, currently 2.99%
variable until 31/07/2015.

Changing then to our Standard
Variable Rate. Due to the rate
cap, the rate on this product
will not go above 5.99% before 31/07/2015

4.24%

Remaining on these
variable rate terms
for the remainder of the mortgage term

3.9% APR variable

Don't forget as a Spurs fan, if you are a first-time buyer, moving home or remortgaging from another lender you'll also get a £40 Spurs Megastore voucher upon completion of your mortgage.

We will also put £20 into an existing or new Adult Save and Support Account. Subject to Britannia's normal account opening procedures.

Your home may be repossessed if you do
not keep up repayments on your mortgage.


CLICK HERE , call 0808 156 5581* or visit your local branch for more information.

*Our lines are open 8am-8pm Monday-Friday and 9am-1pm Saturdays. Calls from BT landline phones are free however mobile providers may charge. Telephone calls may be recorded and/or monitored.

Britannia is a trading name used by The Co-operative Bank p.l.c, part of The Co-operative Financial Services.