Charcol is launching an exclusive 1.7 per cent discounted mortgage (current rate 3.99 per cent) to 1st March 2006. The product is capped at 4.49 per cent.
Maximum loan to value on the product is 95 per cent and it is MIG free to 90 per cent. The lender fee is £300, and the product has an early repayment charge of 4 per cent until 1st March 2006.
Borrowers can repay up to 10 per cent a year penalty free. The Charcol booking fee is £75.