News
ING Direct to launch 1.94% mortgage
Written By:
Adam Williams
Posted:
Updated:
07/02/2013
ING Direct is to launch a two-year mortgage product at 1.94%, available from the lender from Saturday.
The tracker product will be offered by the lender at Bank Base Rate (BBR) + 1.44%, a hefty reduction its current price of BBR + 1.99%.
As well as offering the 1.94% deal, the lender will also re-price a number of other products across its range.
HSBC currently offers a 1.98% two-year fix while Norwich and Peterborough, Yorkshire and Chelsea building societies offer a 1.99% fixed rate.
The new products will be available through selected mortgage intermediaries.
