Furness Building Society has unveiled a rival-beating five-year fixed rate mortgage, which has powered straight to the top of the Moneyfacts charts for its terms.
This mortgage deal has a market-leading rate of 4.09% fixed for five years at a loan-to-value (LTV) of 90%. A competitive fee of £999 is payable.
This offering is available to first-time buyers, second-time buyers and remortgagors with a 10% deposit. Those looking to remortgage can benefit from a generous incentive package of free legal fees and free valuation up to £335.
Borrowers have the option to make overpayments of up to 10% of the mortgage advance, offering some welcome repayment flexibility.
This new deal from Furness BS has a highly competitive rate, which has enabled it to secure the top spot on the Moneyfacts charts for its sector. This rate, combined with the competitive fee and option for flexible repayments, is bound to catch the eye of borrowers with the right deposit, while remortgagors are likely to be particularly intrigued thanks to the enticing incentive package.
The highest accolade of five Moneyfacts Stars has been awarded.
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