Exclusive Two Year Fixed Rate Mortgage
Stroud & Swindon, the UK’s 15th largest Building Society, today announces the launch of an exclusive ‘branch-only’ two-year fixed-rate mortgage with an attractive interest rate of 4.89%.
This product is aimed at rewarding Stroud & Swindon customers looking who use their branch network The Society is offering an excellent 2 year fixed rate product with a rate (4.89%) well below the Bank of England base rate (5.25%).
There is a maximum loan to value (90%) and early repayment charges of 2% until 31 May 2009. In addition, consumers who use this product to remortgage their home will have their solicitor and valuation fees paid by the Society.
Paul Chafer, Sales Director of Stroud & Swindon Building Society, comments: “The customers that use our branches are immensely loyal and this product is aimed at rewarding them for their consistent support of the Society. This new two-year fixed rate deal boasts a rate, which is significantly lower than the Bank of England Base rate and therefore is ideal for people looking to fix their mortgage at an excellent rate.”
For further information or to locate your nearest Stroud & Swindon Branch, please contact the Customer Service Centre on 0845 7045 012
- ENDS -
- Mortgage only available via Stroud and Swindon branches.
- Fixed at 4.89% until 31 May 2009 followed by the Standard Variable Rate.
- Maximum loan to value (90%).
- Early repayment charge of 2% until 31 May 2009. Completion fee (£1750)
and reservation fee (£249).
- Minimum loan (£16,000) and maximum loan (£250,000) on property purchase.
- Minimum loan (£26,000) and maximum loan (£250,000) on property remortgages.
- Remortgaging customers take advantage of a free valuation (on properties valued up to £600,000) and solicitors fees, provided the Societies solicitors are used.
- House purchase customers are subject to valuation and solicitor’s fees.
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 to Editors:
About Stroud & Swindon Building Society:
Stroud & Swindon is the 15th largest building society in the UK with assets in excess of £2.5 billion. The Society operates through a dedicated team of intermediary business development managers, with a branch network of 22 offices in the South West, complemented by a direct call centre based in Stroud and website
www.stroudandswindon.co.uk.