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.
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.
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.
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
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