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