Technology House cuts charges on two-year fixes

Technology House has additional decreased the charges on its two-year mounted mortgages at this time (21 October) with charges, by as much as 24 foundation factors (bps).

The 2-year mounted at 75% loan-to-value (LTV) and beneath with a charge of £999 might be decreased by 23 foundation factors to five.60%. 

The 2-year mounted charge at 80% LTV with a charge of £999 might be decreased by 13 foundation factors to five.75%.

The 85% LTV with a charge of £999 might be minimize by 5 foundation factors to five.88% whereas the 90% LTV with a charge of £999 will lower by six foundation factors to five.93%.

Technology House industrial director Pete Dockar says: “We’re delighted that we will proceed to decrease our charges, and assist aspiring first-time consumers and residential movers onto and up the property ladder.”

“Making our mortgages extra inexpensive is crucial factor to us as a enterprise. We’ll proceed to work arduous to make this doable.”

Final week, Technology House launched two-year fixed-rate mortgage merchandise and decreased charges throughout its five-year fixes.

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