First time buyers mortgage market gets boost from Bristol West

Bristol West Mortgages have launched four new mortgage products aimed at first time buyers. As part of the campaign to help FTBs get onto the property ladder, Bristol West has introduced four new product options… The options are as follows: 4.5x income option available on a sole income at a rate of 5.74 per cent for two years with a 10 per cent discount off the SVR (currently 7.84 per cent) until 2008. Available to 95 per cent LTV with a Ј699 arrangement fee and no extended tie in.

Low fixed rate of 4.99 per cent for the first year until 30/11/2008, followed by a four-year fix of 5.99 per cent until 30/11/2012, then onto the SVR. Available at 95 per cent LTV, Ј999 arrangement fee and 5 per cent of the sum repaid until 30/11/2012.
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