Five-year mortgage clings onto top 10 place | Product News - Moneyfacts

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Five-year mortgage clings onto top 10 place

Five-year mortgage clings onto top 10 place

Category: Mortgages
Date: 14/11/2014

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 It is now over 6 months old so the content may be out of date.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 reviewed its mortgage range and increased its five-year fixed rate by 0.50%. Despite this, the mortgage has retained its competitive edge and held onto a place in the Moneyfacts charts.

The basics…

This deal now has a rate of 3.80% fixed at a loan-to-value (LTV) of 85% and is available until 31.12.19. A low fee of just £99 is payable.

The finer details…

This mortgage is available to first-time buyers, homemovers and remortgagors with a 15% deposit. All borrowers can benefit from an incentive package of free valuation, while remortgagors can also profit from free legal fees.

Why we like it…

The rate of this mortgage means it remains a competitive offering, while the very low fee, coupled with the generous incentive package, mean that this deal is likely to prove popular among borrowers who are looking to keep set up costs to a minimum.

Four Moneyfacts Stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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