Help to Buy mortgage is “excellent” | Product News - Moneyfacts

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Help to Buy mortgage is “excellent”

Help to Buy mortgage is “excellent”

Category: Mortgages
Date: 29/01/2016

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 It is now over 6 months old so the content may be out of date.

NatWest has reduced the rate of its Help to Buy mortgage guarantee product by an impressive 0.28%, earning it a place in the Moneyfacts charts and an "excellent" rating in the process.

The basics…

This mortgage is priced at 4.61% to 30.6.21 and is available at a loan-to-value (LTV) of 95%. It comes with absolutely no fees, helping keep upfront costs to a minimum.

The finer details…

The deal is offered to house purchase customers with a deposit of just 5%, and it comes with added flexibility in the form of permitting overpayments, provided certain conditions are met.

Why we like it…

The rate cut to this mortgage has seen it become a Moneyfacts best buy, with the lack of fee and chance to secure repayments for five years making it a great choice for the first-time buyer.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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