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Variable tracker from ING Direct is star of show

Variable tracker from ING Direct is star of show

Category: Mortgages

Updated: 06/08/2012
First Published: 19/03/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
ING Direct has launched a new tracker rate mortgage that has been awarded the full complement of Moneyfacts stars.

Available via direct business only, the mortgage offers 2.49% for the term, a maximum loan-to-value of 60% and a fee of £945.

There are also incentives for remortgages of legal fees and free valuation.

This new product has been launched in line with the current market leader at 2.49% but benefits from a lower fee and incentives package.

The loading of 1.99% above the base rate is sure to demand attention, particularly as some lenders in the sector are offering deals of up to 3.69% above base.

Five out of five Moneyfacts stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.