Inner city developer Urban Splash is providing a mortgage service for house-buyers interested in its residential apartments in Liverpool and Manchester.
The developer has teamed up with HSBC Bank, which will manage the administration of the loans for homebuyers.
A spokesman for Urban Splash said: “Any benefit from this service is being used to give the purchasers the best deal possible. Other than the sale of our properties, we are not benefiting financially from this relationship with HSBC, which administers the mortgages like any other high street bank or building society.”
The offers open to Urban Splash customers include fixed rate loans to run until June 2003 at 6.50% and variable rate loans with interest rate guarantee – never charging more than 1% above base rate.
EGi News 05/09/00
