Clydesdale Bank has re-jigged its mortgage range to include a two-year fixed rate deal that earns top marks and a place in the Moneyfacts charts.
This mortgage now has a rate of 2.89% fixed until 31.3.17, matching the lowest rate for its sector. It is available at a loan-to-value (LTV) of 90% with a competitive fee of £999.
First-time buyers, homemovers and remortgagors with a 10% deposit can all apply for this deal, although a minimum advance of £150,000 is necessary. There is the extremely appealing incentive of a £1,000 rebate on completion, while those looking to remortgage their property can also benefit from a free valuation and free legal fees. There is also some flexibility with regards to repayments, with the option to make regular overpayments available to all. This deal is also available through Yorkshire Bank.
Ideal for first-time buyers who can muster the 10% deposit required, the rate is highly attractive and the joint-best available among its peers. What is more, the deal is sweetened by a very generous incentive package, including a rebate, although it is remortgagors who stand to gain the most.
The highest accolade of five Moneyfacts Stars has been awarded.
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