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Britannia BS cuts fix rates

Britannia Building Society is offering new two-year, five-year and 10-year fixed-rate mortgages.

The 10-year fix is being offered at 4.99 per cent and up to 95 per cent loan to value.

The new rate on the 10-year deal is a drop of 15 basis points from the previous rate of 5.14 per cent. The product has an arrangement fee of 349.

The five-year fix has a new rate of 4.89 per cent up to 95 per cent loan to value and the two-year rate is 4.89 per cent.

Both these rates are down from 4.94 per cent and both have an arrangement fee of 349.

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