‘Excellent’ fixed rate mortgage unveiled | Product News - Moneyfacts

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‘Excellent’ fixed rate mortgage unveiled

‘Excellent’ fixed rate mortgage unveiled

Category: Mortgages
Date: 22/01/2015

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 It is now over 6 months old so the content may be out of date.

Principality Building Society has launched a new two-year fixed rate mortgage onto the market, earning it an excellent rating for its competitive terms.

The basics…

This mortgage has an attractive rate of 2.55% fixed until 31.1.17, allowing it to enter the Moneyfacts charts. It is available at a loan-to-value (LTV) of 85% and has a low fee of just £99.

The finer details…

This deal is open to first-time buyers, homemovers and remortgagors with a 15% deposit. All borrowers can profit from a generous incentive package of free valuation while those looking to remortgage can also benefit from free legal fees.

Why we like it…

Although there is not much in the way of repayment flexibility with this mortgage, it still offers borrowers a competitive rate. The low booking fee is also a definite bonus, as is the enticing incentive package, both of which will help to keep initial costs down.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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