Derbyshire Building Society has launched three new five year fixed rate mortgages. The new products are only available direct.
The first, at 4.80 per cent, is for loans up to 80 per cent loan to value.
Also available is a mortgage at 5.00 per cent from 81-90 per cent loan to value, and one at 5.20 per cent from 91-95 per cent loan to value.
All three come with six months' free accident, sickness and unemployment cover and borrowers can make 10 per cent capital repayments with no early repayment charges each year. There is a £395 application fee.