smile Launches New Tracker Mortgage.

PR Newswire Europe, February, 2007

MANCHESTER, England, February 7 /PRNewswire/ -- Internet bank, smile, (part of the Co-operative Bank) is launching a new tracker rate mortgage product.

Details of the new product are as follows:

- 2-year tracker product currently at 5.09% (Bank of England Base Rate - 0.16%)

- Free legal and valuation fees for remortgages(1)

The new mortgage product is provided by The Co-operative Bank and offers excellent overall value to all borrowers whether buying for the first time, moving home or simply remortgaging from another lender. Also, borrowers choosing to remortgage will benefit from free legal and valuation fees(1).

The new two-year tracker mortgage guarantees to track the Bank of England Base Rate, currently 5.25 per...

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