Welcome to your weekly dose of the best new products to hit the personal finance market, Money in a Minute.
This week, we showcase two cracking mortgages, and a couple of great savings accounts.
As usual, we've broken the products down into technical details and unbiased analysis, so you know exactly what you're getting.
Leek United Building Society - Product details
Moneyfacts.co.uk analysis This three-year deal at 3.49% from Leek United Building Society has the lowest 85% loan-to-value rate for this term in the market. Customers looking to keep costs to a minimum will find this deal very striking as it comes with an incentive package of a refund in any valuation fees, subject to a maximum property value of £500,000 and a £250 rebate will be most welcomed.
Chelsea Building Society - Product details
Moneyfacts.co.uk analysis Chelsea Building Society continues to launch competitive fixed deals over a five-year term this week. As an alternative to its lowest fixed mortgage of 4.69% over five years with a £1,495 fee, this deal has a lower fee of £395. Customers with a 10% deposit will find this deal particularly attractive.
Virgin Money has launched a Cash E-ISA which is available online only. At 3.00% this is one of the top ten paying ISAs currently available on the market. In addition, customers will be pleased that they can make transfers in and access their funds, but they need to be aware that early access is subject to a penalty.
The Fixed Online Saver from Halifax pays a fixed rate of 4.15%, which the best online-only deal available over a four year term. Customers will also be pleased with a decent monthly rate of 4.07%, which is the best monthly online-only rate, but they must tie in their funds for the full four year term or be subject to an interest penalty.
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
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