The Household Mortgage Corporation is lowering the interest rate on its standard and self-certified fixed-rate mortgage schemes for a limited period.
The standard scheme with loans up to 95 per cent of the purchase price will be 6.75 per cent and the new rate for the self-certified scheme will be 7.25 per cent.
Both rates will be fixed until January 2004.
Managing director David Priest says: "We consider ourselves to be one of the most flexible lenders offering, service, speed and reliability to our clients. These rates are a reflection of our continuing commitment to our customers."