Pink Home Loans has launched an excellent new discount mortgage that will catch the eye of buyers with a 20% deposit.
It is currently the top rate in this sector at only 2.85% (2.34% discount) for three years, while the deal also has quite a low redemption penalty of 2% and a reasonable £899 fee.
The incentive of £250 rebate (whether paid outright to purchase customers or towards legal fees for remortgages) is fairly modest but when viewed as an overall package does nothing to detract from this mortgage's value for money.
The product does not make it onto the Moneyfacts Best Buy charts as it is only available through Financial Advisors.
Four out of five Moneyfacts stars have been awarded.
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