Norwich & Peterborough Building Society has re-launched its market-leading two-year fixed rate mortgage at a reduced rate of 1.99%.
Available at 65% loan-to-value, this mortgage now offers a highly-competitive rate of 1.99% for two years (previously 2.19%).
It is available to first and second time buyers as well as those remortgaging.
Borrowers will also benefit from the below-average fee of £295.
The generous incentive package includes free legal fees for those remortgaging and free valuation fees for all borrowers as well as a £200 rebate for house purchase loans.
This rate reduction sees the competitiveness of Norwich & Peterborough's two-year fixed mortgage further boosted.
While there are lower rates available in this sector, the generous incentive package and low fee combination outweighs the difference in rates and makes this deal a Moneyfacts Best Buy.
The highest accolade of five Moneyfacts Stars has been awarded.
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