The Openwork network has today announced two exclusive mortgage deals from Bristol & West.
The new deals, only available through the Openwork network, consist of a stepped fixed rate mortgage and a two-year fixed rate buy-to-let deal.
The stepped deal is fixed at 5.39% until the end of September 2008, rising to 6.39% until August 2010. The deal also features free valuation for purchase and remortgage customers can receive free valuation and free legals.
Paul Shearman, mortgage proposition director at Openwork, says the stepped deal was created based on adviser suggestions.
“The stepped fixed rate mortgage has been designed based on adviser feedback and could offer a suitable solution for those homeowners coming to the end of their fixed rate deals and looking to alleviate the impact of increased payments," he says.
The buy-to-let product is fixed at 6.55% for two years for both purchases and remortgages and features an arrangement fee of £499.
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