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A discount to savour from Loughborough BS

A discount to savour from Loughborough BS

Category: Mortgages

Updated: 09/09/2010
First Published: 08/09/2010

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 It is now over 6 months old so the content may be out of date.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

The product offers a rate of 2.69% for two years (2.30% discount), a maximum loan-to-value of 80% and a fee of £495.

The deal is currently priced the lowest in this sector, where rates reach as high as 5.68%.

There is no incentive package available, but for a considerable number of customers this will be easily outweighed by the low product fee.

Four out of five Moneyfacts stars have been awarded.

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