MPowered Mortgages has launched limited edition five and seven-year fixes with reduced rates.
Rates for five-year fixes now begin at 2.94 per cent, down from 3.04 per cent. This includes a reduction to the 75 per cent loan to value (LTV) product which has gone down by 0.15 per cent ot 3.09 per cent.
The seven-year fixes start from 3.04 per cent. These are available at 50, 60, 70 and 75 per cent LTV.
MPowered Mortgages is offering free valuations across all its limited edition products including those for purchase and homes in multiple occupancy (HMO).
All products have a 1.5 per cent fee.
Emma Hollingworth (pictured), distribution director at MPowered Mortgages, said: “We are excited to launch this new limited edition range of products, expanding our extensive product offering.
“With the next Bank of England bank rate decision to be announced in December, our new range of five and seven-year fixed rate mortgages will be attractive to prospective homebuyers and those looking to remortgage.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
