AA Mortgages has launched a 2-year fix at 1.08% to 75% loan-to-value with a £1,495 product fee.
The product comes with standard legal fees for remortgages and standard valuation fees.
David Searle, the AA’s financial services director, said: “For those thinking of moving or remortgaging, this is a compelling fix from one of the UK’s most trusted providers.
“Bank of England Governor Mark Carney said this morning that the base rate could rise soon, saying: ‘If the economy continues on this track it may be appropriate to raise interest rates’.
“So this might be a very good time to take advantage of low fixed-rate mortgage offers such as this.
“Customers will have the freedom to use their mortgage to move or improve, or simply change to a better rate.
“Furthermore, our award-winning online application service makes it even easier for customers to manage the whole application themselves.”
The AA entered the mortgage market in partnership with Bank of Ireland UK in 2016.