ROYAL & SUNALLIANCE is offering a mortgage which is guaranteed not to rise above 5.79 per cent until 31 October 2001, almost 2 per cent below new variable rates. If mortgage rates fall below that amount before then, so will the interest rate charged. The mortgage, negotiated with Birmingham Midshires, includes a pounds 300 cashback on completion. The loan is available up to 95 per cent of a property's value.

Income multiples are available up to 2.75 times a couple's combined income or 3.25 times one salary. The arrangement fee is pounds 294. Early redemption penalties of six months' interest apply within the first five years. Call Mark Evans on 0151-239 4448.