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ING Direct boosts discount tracker rate

ING Direct boosts discount tracker rate

Category: Mortgages

Updated: 26/10/2012
First Published: 26/10/2012

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 It is now over 6 months old so the content may be out of date.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 reduced rates across its tracker mortgage range, helping its two-year deal to assert its position in the market.

The basics…

Available to purchase and remortgage borrowers, the two-year variable tracker mortgage deal offers a competitive rate of 2.39% for two years (BBR + 1.89%).

The finer details….

The maximum loan-to-value is 60% and an arrangement fee of £1,945 is payable. Incentives of a free valuation and free legal fees are offered to remortgage borrowers, whilst purchase customers will receive a refund on their valuation fees.

Why we like it…

This mortgage offers all borrowers a good all round package alongside a competitive discounted rate. Four out of five Moneyfacts stars have been awarded.

What next?

Use our Mortgage Finder to compare the market for the best variable and tracker rates and lenders.

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 Any products featured may be withdrawn by their provider or changed at any time.