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New Self-Cert Tracker Mortgage
 
Stroud & Swindon have launched a new flexible term tracker self-certification mortgage deal at 0.99% above the Bank of England Base Rate.
 
Currently set at a rate of 6.49%, this new product is available exclusively through intermediaries for both house purchase and remortgages with a completion fee of £695 and a maximum loan to value of 85%.
 
The mortgage is available to consumers wishing to purchase a home or to remortgage from their existing mortgage lender.  In addition, consumers who use this product to remortgage their home benefit from a free valuation and discounted legal fees.
 
This product is available as part of the re-launch of Stroud & Swindon’s self-certification mortgage product portfolio.
 
Paul Chafer, Sales and Marketing Director, stated:
 
“We are delighted to offer this excellent tracker product. Following recent interest rate rises, it is a great time for customers who believe rates have peaked to opt for a tracker product, in the hope of lowering their future monthly payments.” 
 
For further information or to locate your nearest Stroud & Swindon Branch, please contact the Customer Service Centre on 0845 7045 012
 
 
-  ENDS -

For further information please contact:
 
Paul Chafer
Sales and Marketing Director
Stroud & Swindon
01453 768407
 
Lee Blackwell / Brian Thorn / Karen Butcher
The Wriglesworth Consultancy
020 7845 7900
 
Notes for Editors:

Flexible Term Tracker (BOE base rate +0.99%) Mortgage:
  • Rate is fixed at 0.99% above the Bank of England base rate.
  • Available exclusively through intermediaries.
  • Maximum Loan to Value of 85%.
  • Subject to completion fees (£695)
  • Minimum loan (£26,000) and maximum loan (£500,000) on house purchase
  • Minimum loan (£26,000) and maximum loan (£500,000) on remortgages
  • Free valuations for remortgages
  • Discounted Legal Fees for remortgages
  • Valuations and Legal Fees payable on house purchases
  • No Higher Lending Charge
About Stroud & Swindon Building Society:
 
Stroud & Swindon is the 15th largest building society in the UK with assets in excess of £2.8 billion.  The Society operates through a dedicated team of intermediary business development managers, with a branch network of 22 offices and 20 agencies in the South West, complemented by a direct call centre based in Stroud and website www.stroudandswindon.co.uk.
© 2008. Stroud & Swindon Building Society, Rowcroft, Stroud, Gloucestershire GL5 3BG

Member of the Building Societies Association and subscriber to The Banking Code. The Society is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/Pages/register/) (registration number 164588) and introduces only to the Norwich Union Marketing Group, members of which are authorised and regulated by the Financial Services Authority. Any financial advice given will relate only to the products and services of the Society and Norwich Union.
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