First time home buyers can really thank Royal Bank of Scotland since it has introduced a number of mortgage deals which would impress them. The offer is open to both first tim and repeat buyers. The bank has now announced a two year fixed rate mortgage carrying an interest rate of 5.19 per cent. This seems to be a real good deal and it would also not pinch much.

This can be labeled as a competitive deal and one can avail loan amount up till seventy five percent. One can even avail a further two year fixed rate mortgage carrying an interest rate of 4.99%.

Darrell Evans, Commercial and product director, RBS mortgages stated:

We’ve provided a great choice of competitive deals to match the needs of either first time buyers, switchers or those remortgaging.

This deal would surely be picked up by first time home borrowers who will find it easy to repay since it carries an attractive rate of interest. In order to know more about this deal click here.

Via firstrungnow