New 2-yr fixed rate deal for remortgagors | Product News - Moneyfacts

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New 2-yr fixed rate deal for remortgagors

New 2-yr fixed rate deal for remortgagors

Category: Mortgages
Date: 28/11/2014

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 It is now over 6 months old so the content may be out of date.

Woolwich from Barclays has released a new two-year fixed rate deal for remortgagors, earning a Moneyfacts best buy status for its terms.

The basics…

This mortgage has a competitive rate of 2.25% fixed until 31.12.16 at a loan-to-value (LTV) of 70%. No fees are payable.

The finer details…

This deal is only available to remortgagors with a 30% deposit and offers an enticing incentive package of free valuation and a £475 rebate. Borrowers have the option of making overpayments by lump sum or regular payment, offering some welcome flexibility.

Why we like it…

This is an attractive deal for those looking to remortgage their property. The rate is a competitive one, the incentive package is appealing and there is also no fee to pay. As a result, this new deal is likely to gain favour among remortgagors with the right deposit.

Four Moneyfacts Stars have been awarded.

What Next?

Compare our mortgage best buy charts

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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