Woolwich from Barclays has reduced the fee on its 10-year fixed rate mortgage, earning this market-leading product a five-star review.
This mortgage has a rival-beating rate of 3.99% until 31.12.24 at a loan-to-value (LTV) of 75%. A new lower fee of £999 is now payable.
This mortgage is open to all first-time buyers, second-time buyers and remortgagors with the right deposit. Remortgagors can benefit from an attractive incentive package that includes free legal fees and free valuation.
There is the option to make overpayments, but payment holidays or underpayments are not permitted.
This product's market-leading rate, low fee and enticing incentive package for remortgagors make this a gold-star mortgage for borrowers with a 25% deposit. The option to make overpayments lends this mortgage added appeal, and as a result, this product is likely to prove popular in the market.
The highest accolade of five Moneyfacts Stars has 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 Any products featured may be withdrawn by their provider or changed at any time.
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