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.
Vanquis Bank has increased the rates on selected fixed rate bonds, including its two-year which now pays 2.51%. This deal is highly competitive and sits within the top five for its term. This deal should prove popular with internet investors who are looking for a straightforward fixed rate bond.
Chelsea Building Society has launched a new two-year fixed rate. Priced at 1.99%, this deal is highly competitive and sits as a market leader in its sector. This deal boasts a reasonable fee of £995 which is lower than rival deals and should keep borrowers' initial costs to a minimum. For those who are looking to reduce the overall cost of the mortgage an offset option is available at a slightly higher rate.
The two-year fixed rate deal priced at 2.49% from Nationwide Building Society is reasonably competitive. This deal offers a reasonable fee, with first-time buyers enjoying a £500 discount. Customers remortgaging will receive a good incentive package of a free valuation, free legal fees or a £250 rebate, which should appeal to those looking to keep initial costs down.
Compare the best savings rates with Moneyfacts Best Buys
Compare the best mortgage rates with Moneyfacts Best Buys
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.