Norwich & Peterborough Building Society has launched a highly competitive three-year mortgage available to borrowers with deposits of 40% and over.
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%.
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.
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.
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