C&G does it for first time buyers - Mortgages - News - Moneyfacts

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C&G does it for first time buyers

C&G does it for first time buyers

Category: Mortgages

Updated: 10/01/2011
First Published: 10/01/2011

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Cheltenham & Gloucester has launched a new mortgage that should have first time buyers licking their lips.

The five year fixed rate mortgage at 5.79% is one of the lowest available in this sector.

Available up to a maximum of 90% loan-to-value, it sports a very reasonable £994 fee as well as the added advantage of a flexible option.

A maximum advance of £1 million is also unusually high for a first time buyer specific mortgage, which will appeal to those customers wanting to take out a larger loan.

Four out of five Moneyfacts stars have been awarded.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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