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