BIRMINGHAM MIDSHIRES is launching new three and five-year fixed rate mortgages, priced at 5.09 and 5.89 per cent respectively. Each of these two deals involves no redemption penalties beyond the fixed-rate period. Also available is a three-year capped rate, which they guarantee will rise no further than 5.19 per cent until July 2002.
An arrangement fee of pounds 299 is payable on these deals, and building and contents cover is also obligatory. For more details call 0500 228822.
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