TSB has unveiled a new 10-year mortgage deal, which has zoomed straight into the Moneyfacts charts and into a market-leading position for its terms.
This deal has a rival-beating rate of 3.44% fixed until 30.4.25, one of the lowest rates for its sector. It is available at 60% loan-to-value with absolutely no product fees.
This mortgage is only available to house purchase customers with a 40% deposit. While there is no incentive package available, borrowers are able to make overpayments and take payment holidays, provided certain conditions are met.
This deal offers first-time buyers and homemovers an attractive rate, which will certainly appeal to those who want the security of a fixed rate over a long term. Although there are no incentives, the absence of any product fees and the flexible repayment options more than compensate, making this mortgage a great all-rounder.
The highest accolade of Five Moneyfacts Stars has been awarded.
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