This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market.
The products featured have been handpicked by the impartial research team here at Moneyfacts.co.uk, so you can be sure they are all up there with the best deals in their respective fields.
To make sure you fully understand the products, we outline the technical details behind the plans before giving you our invaluable and insightful analysis.
The new three-year fixed rate bond paying 3.00% from The Co-operative Bank is highly competitive. This deal is propelled to the top of the three year fixed rate market. As is common in the fixed rate market no earlier access to funds is permitted during the term, so savers will need to decide upfront how much they are willing to invest.
The Online Bonus Saver from Skipton Building Society pays a competitive 1.85% and is placed within the top ten for its sector. With no restriction on the number of withdrawals, this should appeal to internet savvy investors looking for a straightforward account. A review will be required before the bonus period expires to ensure competitive returns are maintained.
Borrowers who have the required 40 % deposit will be pleasantly surprised with this latest offering from The Co-operative Bank. Not only does this have a low competitive rate sitting just shy of the market leader for its sector, it offers a great all-round incentive package which will enable borrowers to keep initial costs to a minimum.
This new two-year fixed rate for house purchase only at 3.59% from Hanley Economic Building Society is reasonably competitive on rate alone. This deal also offers customers an attractive range of benefits including no arrangement fee and a free valuation, which is bound to be a popular choice with borrowers looking to keep initial costs to a minimum.
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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 Any products featured may be withdrawn by their provider or changed at any time.
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