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AA’s first-time buyer mortgage enters chart

AA’s first-time buyer mortgage enters chart

Category: Mortgages
Date: 05/06/2018

AA Mortgages has launched a new mortgage for first-time buyers (FTBs), which offers a competitively low rate for those looking to fix over five year. It has earned a spot in the FTB Best Buys and a high Moneyfacts rating as a result.

The basics…

This mortgage offers a rate of 3.78%, fixed to 31.07.2023, at 95% loan-to-value (LTV). It is fee-free.

The finer details…

This deal is offered to all first-time buyers with the necessary deposit. It comes with an incentive package that includes a free valuation and no legal fees, as well as the option to make overpayments, provided certain conditions are met.

Why we like it…

Given this deal's competitively low fixed rate and fee-free nature, it will surely be an attractive choice for any first-time buyer wanting to fix their brand-new mortgage over the long term. It has therefore easily earned a place in the Best Buy chart for its sector, as well as a high rating.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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