Norwich & Peterborough Building Society has launched a range of chart-topping 95% loan-to-value (LTV) mortgages.
Borrowers have a number of options to choose from, some of which charge a fee but offer a lower rate and others which have no fee but come with an increased rate.
The pick of the bunch is the five-year fixed rate 95% LTV mortgage priced at 5.29%.
This fee-free deal comes with a generous incentive package that includes a free valuation and a £500 rebate that will be paid on completion.
The building society has also launched a stellar two-year 95% LTV product priced at 4.89%. This product charges no fee and also includes incentives of a free valuation and £500 rebate.
The finer details…
For borrowers looking for a lower rate, there is also a two-year 95% LTV deal priced at 4.69% and a five-year priced at 5.09%. However, both these mortgages come with a fee of £845 and no incentives.
All of the building society's 95% LTV mortgages also come with an offset option.
Why we like them…
Norwich & Peterborough Building Society's 95% LTV mortgages provide borrowers with a range of options to suit their individual needs.
The five-year fixed rate deal at 5.29% heads straight to the top of the Moneyfacts Best Buys, offering borrowers best value for money due to the no fee/incentive package combination.
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 Any products featured may be withdrawn by their provider or changed at any time.
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