N&P unleashes 5-star mortgage | Product News - Moneyfacts

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N&P unleashes 5-star mortgage

N&P unleashes 5-star mortgage

Category: Mortgages
Date: 22/04/2013

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 It is now over 6 months old so the content may be out of date.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 highly competitive three-year mortgage available to borrowers with deposits of 40% and over.

The basics…

This deal, available to purchase and remortgage borrowers, offers a rate of 2.49% fixed for three years and has a maximum loan-to-value of 60%.

The finer details….

An arrangement fee of £295 is payable, either upfront or added to the mortgage advance.

A free valuation is offered to all borrowers, whilst those looking to purchase will receive a £200 rebate. Remortgage borrowers can take advantage of free legal fees.

Flexible features, such as overpayments, underpayments and payment holidays also heighten this mortgage's appeal.

Why we like it….

Surging to the top of the medium-term mortgage best buy table, this new deal offers a great all-round package to borrowers with larger deposits. Five out of five Moneyfacts Stars have been awarded.

What next?

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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