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Buying in Glasgow? RBS mortgage deals could be ideal

The Glasgow property market hasn't fluctuated as much as in other parts of the UK, and there are still bargains to be found in some areas of the city. If you think you have found your dream home in Glasgow, RBS mortgage advisors can give you a quick decision on a range of mortgages.

The Scottish property market operates in a different way from the rest of the UK, and the expertise of the Royal Bank of Scotland can help smooth through the buying process.

RBS (www.rbs.co.uk) has a wide range of mortgages and remortgages on fixed rate or tracker terms, to suit buyers who have only a small deposit, up to those looking to borrow just 60% of the value of their house.

A 2-year fixed-rate deal with the RBS for borrowers with a 10% deposit offers an interest rate of 4.99%, and first-time buyers do not have to pay any fees on this mortgage. Monthly repayments on a loan of £250,000, on a capital and interest basis over a 25 year loan period, would be £1460. For fixed-rates of 5 years, the interest rates are a little higher at 5.85%

RBS rates for an 90% loan on a 2-year tracker mortgage start at 4.59%. Monthly repayments on a loan of £250,000, on a capital and interest basis over a 25 year loan period, would be £1402.There is a £999 fee for this mortgage.

If you want to get moving on putting in an offer on a property in Glasgow, RBS mortgage advisors are available for online chat at the website with advice, repayment calculations and information about eligibility.

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