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Midland Bank launches new mortgage range

Midland Bank has launched a range of new mortgages.

The range includes a two-year fixed rate mortgage at 5.25 per cent offering 95 per cent loan to value and aimed at first time buyers.

First time buyers will also receive £250 towards legal fees and a refund of the £295 booking fee. Additionally a 20 per cent discount is available on home insurance if Midland buildings and contents cover is taken

For existing bank customers planning to move home, there is a two year fixed rate at 5.65 per cent on 95 per cent loan to value.

The lender is offering a choice of two, three and five year fixed rates all at a 5.85 per cent rate for 95 per cent loan to value.


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