Norwich & Peterborough Building Society has issued a highly competitive ten-year mortgage available to borrowers with deposits of 25% and over.
This deal offers a rate of 3.99% fixed for ten years and has a maximum loan-to-value (LTV) of 75%.
A minimum of £25,001 can be borrowed by purchase and remortgage customers. An arrangement fee of £295 is payable either upfront or added to the mortgage advance.
Incentives of a free valuation and a £200 rebate are offered to purchase customers, whilst those remortgaging are offered free legal fees.
This new deal offers an excellent all-round package to borrowers seeking a long-term mortgage. As well as a highly competitive rate, this product has a reasonable arrangement fee, a wealth of incentives and offers flexibility with repayments.
Five out of five Moneyfacts Stars have been awarded.
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