Newcastle BS mortgage storms to the top | Product News - Moneyfacts

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Newcastle BS mortgage storms to the top

Newcastle BS mortgage storms to the top

Category: Mortgages
Date: 25/08/2016

Newcastle BS has reduced selected rates in its fixed mortgage range. This includes a cut of 0.11% to its three-year deal, which has helped it storm straight to the top of the chart in its sector and comfortably earn an outstanding rating in the process.

The basics…

This mortgage now boasts a rate of 1.88%, fixed to 31.10.2019, at 80% loan-to-value (LTV). It comes with a £999 arrangement fee.

The finer details…

The deal is offered to all borrowers with the necessary deposit. It comes with the option to make overpayments, offering welcome flexibility that gives an already market-leading deal some extra gloss.

Why we like it…

This mortgage has become the market leader in its sector, boasting the lowest rate currently available. Together with a reasonable fee and extra flexibility, it deservedly enters the Best Buy charts for its sector at the number one spot, and fully earns its 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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