‘Outstanding’ mortgage from Newcastle BS | Product News - Moneyfacts

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‘Outstanding’ mortgage from Newcastle BS

‘Outstanding’ mortgage from Newcastle BS

Category: Mortgages
Date: 14/04/2016

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 It is now over 6 months old so the content may be out of date.

Newcastle Building Society has reduced the rate on its three-year fixed mortgage by a significant 0.10%, earning it a well-deserved 'outstanding' rating and a place in the Moneyfacts charts.

The basics…

This deal now has a rate of 1.99% fixed until 31.7.19, the lowest rate currently offered in this sector. It is available at a loan-to-value of (LTV) 80% and has a new lower fee of £698.

The finer details…

All borrowers with a 20% deposit are welcome to apply for this mortgage, which comes with the option to make lump sum or regular overpayments.

Why we like it…

Now offering the lowest rate in its sector, this deal has clambered into the charts thanks to its highly competitive rate and smaller fee. Borrowers with the right deposit are therefore likely to pay a great deal of attention, particularly as it also offers the freedom to make overpayments. 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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