Great discount from Pink Home Loans - Mortgages - News - Moneyfacts


Great discount from Pink Home Loans

Great discount from Pink Home Loans

Category: Mortgages

Updated: 19/08/2010
First Published: 19/08/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

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.

Find the best mortgage rate - Compare best selling 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 Any products featured may be withdrawn by their provider or changed at any time.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

Remortgaging bounces back

Remortgaging has been enjoying a welcome boost in recent months, despite September’s slight dip, with many homeowners capitalising on record low mortgage rates to boost their finances.

Bank of Mum and Dad holds the (house) key

The Bank of Mum and Dad is an important source of finance for many young adults, and it seems that they still hold the key – in more ways than one.

Fee-free mortgages on the rise

Mortgage rates may be at record lows, but for some people, the extra costs associated can make switching deals a financial impossibility. It’ll come as welcome news, then, that the number of fee-free deals has more than doubled over the past year!