Vernon Building Society has made a cracking addition to its fixed rate mortgage range.
Its new three year fixed rate mortgage deal is priced at 5.39% and available to borrowers with just a 10% deposit (90% loan-to-value).
It is available to both house purchase and remortgage customers, giving those with a smaller amount of equity the option to switch their mortgage at a relatively low rate.
Although a £395 fee is payable, this is refunded on completion.
An excellent all round package in a limited market, this deal has been awarded the full five out of five Moneyfacts stars.
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