Darlington’s new mortgage gets top marks | Product News - Moneyfacts

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Darlington’s new mortgage gets top marks

Darlington’s new mortgage gets top marks

Category: Mortgages
Date: 22/09/2016

Darlington BS has launched a new three-year discounted variable mortgage deal at 90% loan-to-value (LTV), which boasts the lowest rate for its terms, therefore deservedly earning it the highest Moneyfacts rating.

The basics…

This mortgage has a market-leading rate of 2.44% to 31.1.20 (3.26% disc) and comes with a reasonable fee of £319.

The finer details…

The deal is offered to all borrowers with a deposit of just 10%. It includes an incentive package of free valuation fees (up to £300) and associated admin fees for all, as well as free legal fees for remortgagors. It also comes with the option to make one lump sum overpayment worth up to 10% of the outstanding balance.

Why we like it…

This deal is already a market-leader on rate alone, but combined with its low fee, flexibility and generous incentives, it becomes even more appealing and easily earns its rating as a result.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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