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Britannia launches two fixed rate mortgages

Britannia Building Society is launching two new mortgages with rates fixed over two and five years.

The two year mortgage is fixed at 4.84 per cent for a maximum 75 per cent LTV and 4.94 per cent for up to 95 per cent LTV.

The five year fixed rate is 5.79 per cent up to 75 per cent LTV and 5.89 per cent up to 95 per cent LTV.

The mortgages have an arrangement fee of £295 and the five year fixed rate products carry early repayment penalties of between 180 days gross interest at SVR in year one to 60 days gross interest at SVR in year five.

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