Eye-catching mortgage from Chorley and District - Mortgages - News - Moneyfacts

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Eye-catching mortgage from Chorley and District

Eye-catching mortgage from Chorley and District

Category: Mortgages

Updated: 27/11/2009
First Published: 24/11/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
Chorley & District BS has launched a new two year fixed rate mortgage product that offers a rate some 0.99% lower than its nearest competitor.

The terms are: 4.99% for 2 years, maximum loan-to-value of 90%, a fee of 0.75% of advance, with incentives of refund valuation. For remortgages, free legal fees are offered, while house purchase comes with a £400 rebate.

This high loan-to-value product, which also offers a comprehensive incentive package, is bound to appeal to many, with the fee of 0.75% of the advance the only potential downside.

It has been awarded four out of five Moneyfacts stars.

Find the best mortgage for you - Compare fixed rate mortgages

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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Homeowners underestimate remortgaging savings

Remortgaging has been enjoying a surge in popularity in recent months, and considering how much you could save, it’s a no-brainer! Unfortunately, many fail to realise the extent of potential savings, which could mean too few make the switch.

Mortgage rates at fresh lows – but it may not last

Average fixed mortgage rates continued to fall this month, however much of this could be a technical adjustment rather than an indication of ongoing rate cuts – which means it may be worth switching to a new fixed rate deal sooner rather than later.

10-year fixed mortgage market flourishes

Given upcoming negotiations on the UK’s relationship with the EU, we are expected to have some uncertain times ahead. As a result, many borrowers will be seeking long-term mortgage repayment security, and happily, the 10-year market is flourishing.
 
Close