GE Money Home Lending is tomorrow reducing rates for new mortgage customers by up to 1.45 percentage points and offering completion fee free deals on selected fixed and tracker products, saving customers a further £1295.

The new rates start from 2.94% on its two year discount and 3.49% on its fixed rate products. Tracker rates start from 3.29%, with just a one year early repayment charge.

In addition, GEMHL’s standard two and three year fixed rate, and tracker products now have no completion fees on LVM0.

Nikki Warren, GE Money Home Lending’s head of sales, said: “We continue to grow our product range, offering rates now starting from 2.94% and a saving of up to £1295 on fees.

“This coupled with our legal fees included package will be popular with remortgage customers, looking to move to GEMHL with minimal up-front costs. I

“n these exciting times post MMR, we have taken the opportunity to expand our offering following feedback from our intermediary partners. This is good news for customers seeking great value deals from a specialist lender.”