Internet mortgage provider Smile have launched an impressive 2 year tracker mortgage which should prove popular amongst first time buyers in particular.
The group are offering no higher lending charges for consumers looking to borrow more than 95 per cent of the properties value in their loan.
The 2 year tracker also has an impressive rate of 4.79% which is remarkably lower than most high street competitors. The mortgage tracks the base rate at the low figure of just 0.04% above.