Mortgage Express launches new mortgage

Mortgage Express has just launched a new self-cert mortgage - this follows a readjustment of all its fixed rate mortgage products within its self-cert range.

Mortgage Express has reduced rates on its existing products by up to 35bps. Mortgage Express now offers a two-year self-cert mortgage at a fixed rate of 5.99% - very competitive in the market place. The product, which has an arrangement fee of £999, is available at up to 90% LTV (loan to value).

Mortgage Express has also adjusted its three-year fixed rate self-cert mortgage at a very competitive rate of 5.44%. The mortgage (with an arrangement fee of 1.5% of the total loan) is available at up to 90% LTV.

The head of self cert mortgages, Andrew Gerber, said: "The variable income of many self-cert customers means fixed rate mortgages can be a very attractive option. Our highly competitive products enable customers to obtain peace of mind by locking into a fixed rate mortgage with a best buy rate."