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Two-year fixed rate from The MarketPlace

The MarketPlace at Bradford & Bingley is launching a two year fixed rate mortgage at 4.25 per cent, available for remortgages.

Funded by the Co-op Bank, the mortgage reverts to a tracker rate of Bank of England base rate plus 0.59 per cent up to 75 per cent and base rate plus 0.79 per cent over 75 per cent.

Maximum loan to value is 95 per cent and legal and valuation fees are free.

The MarketPlace at Bradford & Bingley mortgage technical manager David Bitner says: “The competitive interest rate of 4.25 per cent fixed for two years, coupled with the fact there are no legal and valuation fees, make it a market beater.”

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