5 star mortgage from Monmouthshire | Product News - Moneyfacts

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5 star mortgage from Monmouthshire

5 star mortgage from Monmouthshire

Category: Mortgages
Date: 18/12/2013

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 It is now over 6 months old so the content may be out of date.

Monmouthshire Building Society has replaced its entire residential mortgage range with a number of chart-topping deals.

The basics…

The stand out product is a three-year fixed rate mortgage priced at 2.65% that is available up to 80% loan-to-value (LTV) for house purchase borrowers only.

It charges a reasonable fee of £995, but includes no incentives.

The finer details…

The building society also has a new 95% LTV mortgage on offer.

It is priced at 4.60% for three years and charges no fee.

However, the appeal of this high LTV mortgage will be limited as it is only available to those borrowers living in the building society's local lending area, unlike the 80% LTV product which is available countrywide.

Why we like it…

The three-year fixed rate mortgage at 2.65% is now the lowest rate available in this sector of the market.

While it does not include any incentives, it is a great option for those looking for a no frills mortgage and heads straight to the top of the Moneyfacts Best Buys.

The highest accolade of five Moneyfacts Stars has 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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