Leeds BS has reduced numerous fixed rate mortgages in its range and has launched a brand new three-year fixed deal, which has seized a place in the Best Buy's and attained the highest Moneyfacts rating available.
Paragon Bank has entered the Best Buys with improved rates on its 120-day notice account and one-year fixed bond of up to 0.16%, subsequently earning a high Moneyfacts rating for each deal and seeing the notice account soar to the top of the charts.
Sainsbury's Bank has reduced the APR on selected loan tiers by up to 0.1%. This cut has improved the loan's position in the Best Buys and earned it the highest Moneyfacts rating, with it becoming the joint lowest-priced deal for mid-tier borrowing.
OakNorth Bank has amended the rates on selected fixed term deposits by up to 0.20%, which has seen the 15 and 36-month deals retain positions in their sector's Best Buy chart, earning them a high rating in the process.
Bank of Cyprus UK has increased rates by 0.15% across a selection of its business bonds. The one-year fixed Business Bond and FlexiBond subsequently maintain a position in the top 10 Best Buys of their sector.
United Trust Bank may have reduced rates on a selection of fixed bonds by 0.15%, but despite this, both the one-year and two-year deal holds a place in the Best Buys and subsequently earn a high product rating.
AA has increased the introductory 0% interest term for purchases on its Dual Credit Card to market-leading levels, so despite making a slight reduction in the interest-free term for balance transfers, it comfortably moves up the charts and earns the highest Moneyfacts rating as a result.
Coventry Building Society has launched two brand new fixed rate ISAs over three and five-year terms, both of which receive a high Moneyfacts rating, while the five-year version comfortably earns a place in the Best Buys for its sector.
The three-year Fixed Rate ISA (Issue 39) pays a yearly rate of 1.40% to 31.5.20, while the five-year option (Issue 40) pays 1.70% yearly to 31.5.22, seeing it sit just shy of the market-leader for its term.
The finer details…
These ISAs require a minimum initial investment of £1. Additions are allowed for 14 days after account opening, while the issue is open or by 19 April 2017, whichever is longer. Transfers in from other ISAs are also permitted on account opening only. Earlier access in the form of withdrawals or transfers out is permitted on the loss of 180 days' interest and closure of the account. The ISAs can be opened and operated online, in branch, by post or by phone.
TSB has increased the rate on selected personal loan tiers by 0.3% APR. Despite this, loans of between £5,000 and £7,499 are still competitive, retaining a high rating and a place in the Best Buys.
A personal loan of £5,000 to £7,499 over terms of between one and five years now has an APR of 3.9% (+0.3%). Those who will need 61 months to seven years to repay their loan will pay a higher rate of 14.9% APR, unchanged from the previous update. All other loan rates remain unchanged.
Example monthly repayments: £5,000 over three years = £147.35.
Applications can be made online, over the phone or in branch. Borrowers must be at least 18 years old and should remember that rates are representative and dependent on their credit rating. Funds can be credited on the same day if borrowers have had a TSB current account for more than three months.
Virgin Money has reduced the rate of its two-year fixed mortgage deal for landlords by 0.05%, which sees it soar straight to the top of the buy-to-let (BTL) charts and earns an Outstanding rating in the process.
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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