95% LTV mortgage gets a rate cut | Product News - Moneyfacts

Product News

95% LTV mortgage gets a rate cut

95% LTV mortgage gets a rate cut

Category: Mortgages
Date: 05/08/2015

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 It is now over 6 months old so the content may be out of date.

Norwich & Peterborough Building Society has amended selected fixed rates across its mortgage range, with its 95% loan-to-value deal benefiting from a 0.05% reduction to further enhance its position in the Moneyfacts charts.

The basics…

This mortgage is priced at 4.34%, fixed for two years, and comes with absolutely no fees whatsoever.

The finer details…

This mortgage is available to house purchase customers with a deposit of just 5%, and as an added bonus, it comes with incentives of a free valuation and even a £250 rebate. It offers flexible repayment options, too, with overpayments, underpayments and payment holidays all allowed, providing certain conditions are met.

Why we like it…

Already a Moneyfacts Best Buy, the latest rate reduction makes this mortgage even more appealing to first-time buyers. Combined with the lack of fee and generous incentive package, this deal comfortably holds its own against the competition to become a truly outstanding product.

Moneyfacts rating: Outstanding

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
Close