New 2-yr discounted mortgage gets 4 stars | Product News - Moneyfacts

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New 2-yr discounted mortgage gets 4 stars

New 2-yr discounted mortgage gets 4 stars

Category: Mortgages
Date: 25/11/2014

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 It is now over 6 months old so the content may be out of date.

Nottingham Building Society has unveiled three new discounted variable rate mortgages, one of which has merited a four-star review for its terms.

The basics…

This mortgage deal has a variable rate of 1.85% (4.14% disc) for two years, available at a loan-to-value (LTV) of 75%. A low fee of just £199 is payable.

The finer details….

This deal is available to first-time buyers, second-time buyers and those looking to remortgage. All borrowers can benefit from an incentive package of free valuation while remortgagors can also take advantage of free legal fees.

Overpayments by lump sum or regular payment are permitted, offering borrowers some welcome flexibility.

Why we like it…

This mortgage boasts a competitive rate that is sure to catch the eye of eager borrowers. The good all-round incentive package and the low fee enhance the deal, while the option to make overpayments is a definite bonus.

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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