New FTB mortgage storms the charts | Product News - Moneyfacts

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New FTB mortgage storms the charts

New FTB mortgage storms the charts

Category: Mortgages
Date: 30/09/2016

Hanley Economic BS has brought out a new two-year discounted variable rate mortgage, which triumphantly enters the Best Buy chart for first-time buyers (FTBs) at the number one spot, while at the same time comfortably earning an outstanding rating.

The basics…

This mortgage boasts a highly competitive discounted variable rate of 3.04% for two years (collared at 2.00%; 1.90% disc). It's available at 95% loan-to-value (LTV) and is completely fee-free.

The finer details…

The deal is offered to house purchase customers with a deposit of just 5%. It comes with an incentive package that includes free valuation fees (up to £260), and the option to make overpayments.

Why we like it…

The attractive rate on this mortgage deal, combined with its fee-free status and incentives, is more than enough to earn it first place in the Best Buy charts for its sector, as well as the highest Moneyfacts rating.

Moneyfacts rating: Outstanding

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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