Melton Mowbray Building Society has reduced the rate on its discounted variable rate mortgage by an impressive 0.61%.
At 2.49% (2.50% discount), this three-year mortgage is available at 60% loan-to-value.
This product charges a fee of £798 and remortgage borrowers will benefit from an incentive package that includes free legal fees. An offset facility is also available.
This product is highly competitive on rate alone; however, there are similar products available in this sector that come with lower fees.
Four out of five 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 Any products featured may be withdrawn by their provider or changed at any time.
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