ITL impresses with variable rate mortgage

Category: Mortgages
Date: 3/2/2010

ITL Mortgages has launched a new variable rate tracker mortgage that is in line with the market leaders.

It offers a rate of 3.79 to 31.2.13, a maximum loan-to-value of 80%, a fee of £999. The product is collared ay 3.50%, with incentive for remortgages of free valuation.

As well as the attractive rate, this mortgage also benefits from a flat fee and incentives.

The restricted availability via intermediaries only will limit its whole of market appeal, but it is positive news for intermediaries looking to offer three year tracker deals.

Four out of five Moneyfacts stars have been awarded.

Compare variable rate or take a look at best sellers mortgages

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