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Atoms Bank Starts Four Remortgage Deals
The Challenger Atom Financial Services firm has issued a series of two-year fixed-rate trades for remortgager investors. With 60 percent Loan-to-Value (LTV), the creditor offers an interest of 1.09 percent with a 900 pound credit charge and 1.39 percent without charge. Borrower with a 25 per cent investment can choose an interest of 1.12 per cent with a charge of 900 and 1.49 per cent without charge.
"We are always on the hunt for low tariffs for our clients, which is why we are pleased to be able to put our two-year fixed-rate deals back on the market for 60 percent and 75 percent MTVs. Launching the products is taking place in the midst of a push of remorse transactions, as borrower are trying to conclude favorable transactions before an anticipated increase in interest prices.
The rescheduling of debt in September was 20 per cent higher than in the previous year, according to UK Finance.
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