N&P’s competitive FTB mortgage | Product News - Moneyfacts

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N&P’s competitive FTB mortgage

N&P’s competitive FTB mortgage

Category: Mortgages
Date: 19/02/2014

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 It is now over 6 months old so the content may be out of date.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 BS has launched a fixed rate mortgage available to first-time buyers with a 5% deposit.

The basics…

The product is priced at 4.99% for two years at 95% loan-to-value (LTV). An offset option priced at 5.19% is also available.

The finer details…

Although there is no incentive package, this mortgage has the added appeal of no arrangement fee to keep upfront costs to a minimum.

Why we like it…

The competitive rate and no fee payable makes this an attractive deal for first-time buyers with only a 5% deposit and sees it enter the Moneyfacts best buys.

Four Moneyfacts Stars have been awarded.

What Next?


Looking to fix your mortgage rate? - compare fixed rate mortgages

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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