New fixed rate mortgage enters the best buys | Product News - Moneyfacts

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New fixed rate mortgage enters the best buys

New fixed rate mortgage enters the best buys

Category: Mortgages
Date: 27/11/2014

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 It is now over 6 months old so the content may be out of date.

Norwich & Peterborough Building Society has expanded its mortgage deals with a new two-year fixed rate, which has sped straight into the top 10 for its sector.

The basics…

This deal has a rate of 2.04% fixed for two years at a loan-to-value (LTV) of 75%. A fee of just £345 is payable.

The finer details…

This mortgage is available to first-time buyers, homemovers and remortgagors with a 25% deposit. House purchase customers can benefit from a £500 rebate while those looking to remortgage can profit from an incentive package of free legal fees and free valuation.

This offer comes with a great deal of repayment flexibility, with overpayments, underpayments and payment holidays all permitted provided certain conditions are met.

Why we like it…

This new offer from Norwich & Peterborough Building Society justly deserves its place in the Moneyfacts charts. Its attractive rate, extensive incentive package and the flexible repayment options make this a very appealing deal, and it is likely to prove very popular among borrowers.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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