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RBS launches two year fix without arrangement fee

RBS Intermediary Partners is launching a new two year fixed rate deal to its First Active remortgage range.

The new product does not have an arrangement fee and offers an initial rate of 6.79 per cent (7.4% APR) till 30 September 2010. The maximum loan to value is 75 per cent.

Director of intermediary mortgages Chris Pearson says: “Advisers can now offer their clients a choice between paying an arrangement fee or not. This product has been launched to provide an even greater choice to advisers and could potentially attract clients with lower loan sizes in particular.”

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