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.
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 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.
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.
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