Britannia
Building Society has announced that it will continue to offer
savings of over £800 to customers who
find a remortgage with the organisation.
The society's fee-free
equity release mortgage option which was introduced in September could save borrowers £829, it claimed.
Mike Sims,
marketing manager at
Britannia, asserted that the savings which are available are enticing many borrowers.
"The fee-free packages have already been very popular as customers are saving hundreds of pounds off the cost of moving their mortgage," he remarked.
"The offer applies to Britannia's entire
remortgage range, so customers can choose the product which best suits their needs."
Britannia's projection of the potential savings is based on a £399 arrangement fee, £100 administration fee, £150 standard valuation and £180
conveyancing fee.
Britannia Building Society offers a wide range of
mortgages for borrowers in the UK, including
fixed-rate,
tracker and offset packages.
The society also provides
first-time buyers with advice on finding a mortgage, while an online comparison service allows
buyers to search its options to evaluate which package is best for them.
