Stewart Milne Homes, the housing developer with projects across Scotland and the North of England, has launched a fixed-rate mortgage equivalent to 4.99%. The loan is fixed until August 2011, after which a bank variable rate applies for the remainder of the term. The Aberdeen-based company, which specialises in family homes and apartments, says the offer applies [...]

More: Stewart Milne Homes launches 4.99% fixed-rate deal

is this low rate?