N&P BS launches range of 95% LTV mortgages | Product News - Moneyfacts

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N&P BS launches range of 95% LTV mortgages

N&P BS launches range of 95% LTV mortgages

Category: Mortgages
Date: 20/11/2013

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 It is now over 6 months old so the content may be out of date.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 launched a range of chart-topping 95% loan-to-value (LTV) mortgages.

The basics…

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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