New 3-yr fixed rate mortgage gets full marks | Product News - Moneyfacts

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New 3-yr fixed rate mortgage gets full marks

New 3-yr fixed rate mortgage gets full marks

Category: Mortgages
Date: 19/01/2015

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 It is now over 6 months old so the content may be out of date.

Market Harborough Building Society has released a highly competitive three-year fixed rate mortgage onto the market, earning it a five-star review for its head-turning terms.

The basics…

This deal has a rate of 2.75% fixed for three years at a loan-to-value (LTV) of 85%, the lowest rate currently available in its sector. A low fee of £345 is payable.

The finer details…

This mortgage welcomes applications from first-time buyers, second-time buyers and remortgagors with a deposit of 15%. All borrowers can benefit from a valuation refund (up to £300) while those looking to remortgage can also profit from the offer of free legal fees.

This mortgage offers borrowers a considerable amount of repayment flexibility with overpayments, payment holidays, underpayments and lump sum withdrawals all permitted, provided certain conditions are met.

Why we like it…

This mortgage is a competitive force in the market thanks to its highly competitive rate, enticing incentive package and wide range of repayment options. As a result, this deal is likely to feature prominently on the radar of borrowers with the right deposit.

The highest accolade of five Moneyfacts Stars has 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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