Barnsley Building Society has unveiled a new fixed rate mortgage for those looking to remortgage, earning an 'excellent' rating for its competitive terms.
This deal has a highly attractive rate of 1.59% fixed until 31.10.17. It is available at a loan-to-value (LTV) of 65% and has absolutely no product fees.
This mortgage is only available to remortgagors with a 35% deposit. A generous incentive package of free valuation and free legal fees is available, and borrowers can also take advantage of some flexible repayment options: overpayments, underpayments and payment holidays are all permitted provided certain conditions are met.
This mortgage is also available through branches of Chelsea Building Society.
Remortgagors with the right deposit are likely to find this deal highly attractive. This deal boasts a competitive rate, and the absence of any product fees and the generous incentive package mean that initial costs can be kept to an absolute minimum. The flexible repayment options add the final gloss to an already polished product.
Moneyfacts rating: Excellent
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