Heritable trims fixed rates

Amanda Jarvis

February 17, 2006

The changes will take effect from 20th February, and extending the end dates for these rates to 1st May 2008.

Rates on deals with a loan to value of up to 75% will be reduced by 10 basis points, and loans greater than 75% will receive a 25 basis points reduction with effect from Monday 20th February.

The two year fixed rates will start from 5.49% (6.3% APR) for products with no redemption penalties beyond the fixed rate period, and 4.74% (6.1% APR) for products with extended redemption penalties.

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