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New tracker mortgages from C&G

Cheltenham & Gloucester has launched a new range of tracker
mortgages, which includes trackers at between 0.39 per cent and
0.89 per cent over Bank of England base rate until 31st December
2007. It also features a stepped discount tracker mortgage which
allows customers to track their mortgage at 0.51 per cent below base
rate until 31 December 2004, then between 0.49 per cent and 0.99
per cent above base rate until 31 December 2005 and then between
0.99 per cent and 1.49 per cent above base rate until 31 December
2007. C&G has waived all administration charges for remortgage
applications until 31 December 2003.

Sales director Nick Hale says: “The tracker and stepped discount
tracker mortgage deals are further examples of our commitment to
offering customers choice. In today&#39s uncertain interest rate climate
there will be many who see these as viable alternatives to a fixed-rate
deal.”

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