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Ipswich BS steps up to mortgage mark

Ipswich BS steps up to mortgage mark

Category: Mortgages

Updated: 14/12/2012
First Published: 12/03/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
Ipswich BS has stepped up to the mark with the launch of a new two year fixed rate mortgage .

Available for house purchase only, the rate of 3.99% is a highly competitive rate for those borrowing at 80% loan to value.

Also appealing are the generous overpayments which are allowed, where up to 50% of the advance can be repaid before incurring early redemption charges.

This should prove particularly attractive to those wanting the security of a fixed rate, with the option to make significant reductions to their loan.

Being the only mortgage deal available at a rate of less than 4% to borrowers with a deposit of 20%, this product earns four out five Moneyfacts stars.

Find the best mortgage for you - Compare 2 year fixed rate mortgages

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 Any products featured may be withdrawn by their provider or changed at any time.