Chart place kept by 3-yr fixed mortgage | Product News - Moneyfacts

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Chart place kept by 3-yr fixed mortgage

Chart place kept by 3-yr fixed mortgage

Category: Mortgages
Date: 17/06/2016

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 It is now over 6 months old so the content may be out of date.

West Brom Building Society has increased the rate on its three-year fixed mortgage by 0.05%; however, it remains a competitive offering and has therefore retained its prized place on the charts.

The basics…

This mortgage has a still-competitive rate of 3.14% fixed until 31.8.19. It is available at a loan-to-value (LTV) of 90% and has a fee of £199.

The finer details…

House purchasers with a modest deposit of 10% are welcome to apply for this deal, which offers applicants free valuation (max £445) and a generous £1,000 rebate upon completion. Borrowers also have the opportunity to make regular or lump sum overpayments in order to reduce their outstanding balance.

Why we like it…

The slight increase to the rate has done nothing to lesson this deal's competitiveness in the market. Borrowers are likely to be drawn to the attractive incentive package, which includes an enticing rebate, and will appreciate the ability to overpay when their finances allow it.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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