Outstanding 2-yr mortgage for house purchase | Product News - Moneyfacts

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Outstanding 2-yr mortgage for house purchase

Outstanding 2-yr mortgage for house purchase

Category: Mortgages
Date: 13/10/2015

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 It is now over 6 months old so the content may be out of date.

Chelsea Building Society has reduced the price of its two-year fixed rate mortgage for house purchases by 0.20%, earning it a place in the Moneyfacts charts and winning it the top accolade in the process.

The basics…

This deal now has a competitive rate of 1.84% fixed until 31.1.18. It is available at 75% loan-to-value (LTV) and has absolutely no product fees.

The finer details…

This mortgage is available to house purchase customers only with a 25% deposit. An enticing incentive package consisting of free valuation and a rebate of £250 upon completion is offered to all borrowers, who are also given the option to make overpayments, underpayments and take payment holidays.

Why we like it…

This competitive and highly flexible mortgage is sure to catch the eye of eligible borrowers: not only does it boast an attractive rate, but the absence of any product fees combined with the generous incentive package make this a very cost-effective choice. This is an outstanding product that fully deserves the highest Moneyfacts rating.

Moneyfacts rating: Outstanding

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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