‘Excellent’ discounted deal for remortgagors | Product News - Moneyfacts

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‘Excellent’ discounted deal for remortgagors

‘Excellent’ discounted deal for remortgagors

Category: Mortgages
Date: 18/03/2016

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 It is now over 6 months old so the content may be out of date.

Tipton & Coseley Building Society has added a rebate to its competitive three-year discounted variable rate mortgage for remortgagors, earning an 'excellent' rating as a result.

The basics…

This mortgage has a discounted variable rate of 3.48% (1.51% disc) until 30.6.19, the lowest currently available for its terms. It is available at a loan-to-value (LTV) of 95% and has a low fee of £199.

The finer details…

This deal is only available to those who are looking to remortgage their property. All borrowers can benefit from an enhanced incentive package, which now includes a £199 rebate upon completion as well as free valuation and free legal fees.

Borrowers can also take advantage of the option to make overpayments and take drawdown sums, provided certain conditions are met.

Why we like it…

Remortgagors who are hunting for a competitive deal are likely to view this update with interest: not only does it boast a highly competitive rate for its terms, but it will also help to keep upfront costs down thanks to its low fee and generous incentive package.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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