Outstanding three-year mortgage from Loughborough | Product News - Moneyfacts

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Outstanding three-year mortgage from Loughborough

Outstanding three-year mortgage from Loughborough

Category: Mortgages
Date: 29/07/2016

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 It is now over 6 months old so the content may be out of date.

Loughborough BS has launched a new three-year fixed rate mortgage onto the market which has stormed straight into the Moneyfacts best buys thanks to its highly competitive rate and terms.

The basics…

This mortgage is priced at 2.69% for three years and comes with a fee of £499. It's available at a loan-to-value (LTV) of 90%.

The finer details…

The deal is offered to all borrowers with a deposit of just 10%. As an added bonus it comes with flexibility in the form of allowing lump sum and regular overpayments, allowing customers to reduce their mortgage balance by up to 10% per year, provided certain conditions are met.

Why we like it…

This new mortgage has comfortably taken hold of the charts thanks to its eye-catching rate and added flexibility, which together with the reasonable fee, will make this an appealing choice for many. 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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