Holmesdale BS soars to top of discount market | Product News - Moneyfacts

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Holmesdale BS soars to top of discount market

Holmesdale BS soars to top of discount market

Category: Mortgages
Date: 13/03/2013

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 It is now over 6 months old so the content may be out of date.

Holmesdale Building Society has reduced the rate on its two-year discounted variable mortgage by 0.20%, pushing it into pole position in the best buy tables.

The basics…

This deal offers a rate of 2.29% for two-years (2.60% discount) and has a maximum loan-to-value of 75%.

The finer details….

Advances range between £26,000 and £750,000 for purchase and remortgage borrowers.

A fee of £495 is payable upfront.

Remortgage customers can take advantage of an incentive package offering refunded valuation fees (up to £250) and free legal fees.

Why we like it….

A revamp of this already competitive variable discount mortgage has seen it race to the top of the market, sitting a whole 0.10% ahead of its closest competitor. Five out of five Moneyfacts Stars have been awarded.

What next?

Compare discounted rate mortgages
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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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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