Vernon BS removes fees on discounted mortgage | Product News - Moneyfacts

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Vernon BS removes fees on discounted mortgage

Vernon BS removes fees on discounted mortgage

Category: Mortgages
Date: 03/09/2013

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 It is now over 6 months old so the content may be out of date.

Vernon Building Society has removed the fees on its discounted variable rate mortgage, which propels it straight to the top of the Moneyfacts Best Buys.

The basics…

This two-year discounted variable mortgage charges a rate of 2.20% (2.90% discount) to borrowers with at least a 40% deposit (60% loan-to-value).

It is available to first and second time buyers as well as those remortgaging.

The finer details…

There are now no product fees. Previously, this mortgage came with an arrangement fee of £699.

Why we like it…

The removal of the £699 product fee launches this two-year discounted variable rate mortgage straight to the top of the Moneyfacts Best Buys.

Four Moneyfacts Stars have been awarded.

What Next?

Compare the best discounted variable mortgages

Search the best available mortgages deals

How much can I borrow?

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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