Two-year offer from C&G
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.CHELTENHAM & Gloucester Building Society is offering a new two-year fixed-rate mortgage at 9.6 per cent.
This replaces a five-year fixed-rate loan of 9.4 per cent launched in May, which proved so popular that it was heavily oversubscribed and withdrawn after two weeks. The new offer is available on C&G's interest-only or repayment mortgages of up to 90 per cent of valuation, which will, the society believes, make it less popular with both first-time buyers and those wishing to buy exceptionally expensive properties.
Among the caps Mortgage Services, part of Hypo Bank, has a deal at 9.99 per cent until 1997. The arrangement fee is a hefty pounds 250 plus 1 per cent of the advance - between pounds 15,000 and pounds 500,000 - but there is no collar. And after the first year, when there is a three-month interest penalty, there is no charge for early redemption when one month's notice is given.
The Halifax is still looking attractive for variable rate loans, offering 8.5 per cent on loans up to pounds 60,000 or 8.3 per cent for borrowers of pounds 100,000 or more.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments