Duo Combine to Offer 7.89pc Mortage for Three Years

Fri, 01 Feb 2008

Future Mortgages and Secured Loan Services have joined forces to offer a rate of 7.89 per cent fixed for three years. The semi-exclusive deal is available on loans of up to £150,000 with a maximum Loan to Value of 90 per cent. The offer runs until April 5th 2008, with a self-certification option also available in a similar deal, though the rate is slightly higher at 8.39 per cent.

Early redemption charges are 7 per cent in the first year, 5 per cent in the second year and three per cent in the third year. Given the tightening of credit standards in recent times, the loan is likely to be an attractive proposition for those who qualify.
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