Welcome to this week's Money in a Minute, your pre-weekend catch-up of the nest new personal finance products to be launched this week.
This week, we showcase a couple of cracking savings accounts and two new mortgages
As usual, we've broken the products down into technical details and unbiased analysis, so you know exactly what you're getting.
Coventry Building Society
This latest issue of the popular eNotice account pays 3.05% with a lower rate of 3.01% for savers who choose the monthly interest option. The account sits just below the current market-leading 30 day notice account. The fact that the rate is guaranteed to be at least equal to 3.05% until the end of March 2012 will no doubt add to its overall appeal.
This review of its fixed bonds by the Post Office sees the re-launch of the online options offering both annual and monthly interest. At 3.35%, this one year online bond rate is amongst the market leaders in its field. The account offers flexibility to savers who wish to access funds early, although this is upon account closure and will be subject to an interest penalty.
Yorkshire Building Society
This new deal has settled comfortably amongst the current market-leaders with a rate of 4.29% to 30.9.16. This five year deal offers borrowers a great overall mortgage product with a low fee of £495, generous incentives for all borrowers and a plethora of flexible features such as overpayments, underpayments and payment holidays.
Skipton Building Society
Skipton Building Society has reduced selected fixed rates as part of its latest product review. The 5.79% to 30.6.14 deal is highly competitive and available for both house purchase and remortgage customers with a 10% deposit. It has a reasonable booking fee of £195 and generous incentives for customers who wish to remortgage.
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 Any products featured may be withdrawn by their provider or changed at any time.
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