Bristol & West Mortgages has launched a two year discounted product at 3.89 per cent. The mortgage is a variable product at 2.15 per cent off the lender's SVR, currently at 6.04 per cent. It is available until 31st March 2006 at up to 95 per cent loan to value.
Senior product manager Neena Kithoray says: “Bristol & West Mortgages are delighted to offer this two year discount mortgage at such a competitive rate. It is among the lowest in the market and is particularly suitable for those customers requiring low initial rates of pay.”