Loughborough Building Society has launched a highly competitive new three year fixed rate mortgage.
The mortgage offers a rate of 4.25% on a maximum loan-to-value of 90% for three years.
The mortgage, which demands a fee of £749, is the lowest rate available for this term at the 90% tier and enters the Moneyfacts Best Buys.
There is no incentive package available, although borrowers can make overpayments and reduce the long-term cost of their mortgage which will increase the product's overall appeal.
Four out of five Moneyfacts stars have been awarded.
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