3-yr mortgage enters the best buys | Product News - Moneyfacts

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3-yr mortgage enters the best buys

3-yr mortgage enters the best buys

Category: Mortgages
Date: 19/12/2014

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Skipton Building Society has reduced the rate on its three-year fixed rate mortgage by 0.23%, pushing it into the Moneyfacts charts.

The basics…

This deal how has a competitive rate of 3.32% fixed until 31.1.18. It is available at a loan-to-value (LTV) of 85% and has absolutely no product fees.

The finer details…

This mortgage is open to first-time buyers and homemovers with a 15% deposit. There is no incentive package available, but borrowers will welcome the option to make both overpayments and take payment holidays, provided certain conditions are met.

Why we like it…

Thanks to its rate reduction, this mortgage has enhanced its competitive edge and moved into the top 10 for its sector. As a result, this deal is likely to catch the attention of house purchase customers with its attractive rate, flexible repayment options and lack of product fees.

Four Moneyfacts Stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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