Tuesday, 13 January 2009

Tracker mortgages are 'safe as houses' | This is Money

Tracker mortgages are 'safe as houses' | This is Money

For borrowers with good deposits there are some excellent deals.

A borrower could land a two-year tracker deal starting at 3.49% with Alliance & Leicester, part of the Spanish-owned Santander group. The deal represents a rate that tracks at 1.99 points above the base rate. There is a steep fee of one per cent of the mortgage balance and borrowers need at least 40% equity.

Girasol Homes are excited about the monies on offer and encourage would be borrowers to get in touch and ask for a Decision in Principle.

Contact girasol on 01974 299055 or email info@girasolhomes.co.uk

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