TSB – Three-year fixed rate mortgage, 60% loan-to-value (via selected intermediaries)
Product analysis:
TSB has cut the rate on its three-year fixed mortgage this week by 0.05%, which is available by selected intermediaries. Now priced at 1.49%, the deal is available to borrowers at 60% loan-to-value. As well as the competitive rate, the deal includes a generous package. Borrowers looking for a mortgage with a well-known high street brand through selected intermediaries may find this option appealing. It earns an Excellent Moneyfacts product rating in the process.
Key product details:
• Rate: 1.49% fixed to 28.2.23
• Product fee: £995 payable upfront
• Maximum loan-to-value: 60%
• Available to: All borrower types
• Incentives: Free valuation for all, remortgage customers get free legal fees or £300 cashback
• Flexible features: Allows overpayments and payment holidays
• Lending area: Great Britain, deal is available via selected intermediaries
Barclays Mortgage – Five-year fixed rate mortgage, 75% loan-to-value
Product analysis:
Making cuts to selected fixed rates this week is Barclays Mortgage, with its five-year fixed deal of note slashed by 0.05%. Now priced at 1.58%, the deal offers not only a competitive rate but also carries a decent incentive package. Those borrowers looking at different options to save not only on the upfront cost, but also to secure a low rate, may find this deal enticing, as all applicants get a free valuation and remortgage customers get free legal fees or £250 cashback. As a result, the deal earns a Moneyfacts product rating of Outstanding.
Key product details:
• Rate: 1.58% fixed to 31.1.25
• Product fee: £999, all of which can be added to the mortgage advance
• Maximum loan-to-value: 75%
• Available to: All borrower types
• Incentives: Free valuation for all, remortgage customers get free legal fees or £250 cashback
• Flexible features: Allows overpayments
• Lending area: Great Britain and Northern Ireland
