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The Mortgage Lender offers tracker rates at 1.98 per cent

Posted Friday 16th of September 2016

The Mortgage Lender has reduced the cost of its tracker mortgages offering rates as low as 1.98 per cent.

Its mortgages cater for segments of the market that are underserved by the High Street lenders including standard status borrowers, lending into retirement, contract workers, the self-employed and people with light impaired credit.

The Mortgage Lender’s sales and marketing director, Pete Thomson, said: “Highly competitive pricing is one of the ways we seek to differentiate ourselves from our competitors.

“Being able to offer a tracker rate that is less than 2 per cent sets us apart and provides our introducers and consumers with a real alternative to the High Street.”

By Gillian McAllister , of The Mortgage Lender

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