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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