ING Direct cuts discount remortgage rate - Mortgages - News - Moneyfacts


ING Direct cuts discount remortgage rate

ING Direct cuts discount remortgage rate

Category: Mortgages

Updated: 06/08/2012
First Published: 10/01/2011

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 It is now over 6 months old so the content may be out of date.

ING Direct has cut its discounted two year mortgage rate available to those re-mortgaging.

The New Discounted Variable Mortgage for re-mortgage only offers a rate 2.50% to 31.3.13 and a maximum loan-to-value of 70%.

The product charges no fee and has incentives of free valuation and legal fees.

This deal has been reduced by 0.35% to 2.50% which, whilst not the lowest rate in this market, greatly enhances its appeal.

Borrowers will also benefit from free legal fees and a free valuation together with no arrangement fee.

Four out of five Moneyfacts stars have been awarded.

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