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Melton Mowbray’s outstanding FTB mortgage

Melton Mowbray’s outstanding FTB mortgage

Category: Mortgages
Date: 09/01/2017

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 It is now over 6 months old so the content may be out of date.

Melton Mowbray BS has launched a new five-year fixed rate mortgage, which thanks to its market-leading 95% loan-to-value (LTV) rate enters the Best Buy chart for first-time buyers (FTBs) and earns itself the highest Moneyfacts rating.

The basics…

This mortgage boasts a rate of 3.89%, fixed to 31.12.2021 and available at 95% LTV, which is the lowest rate available for a mortgage with these terms. It comes with a low fee of £398.

The finer details…

The deal is offered to house purchase customers with a deposit of just 5%. It comes with an incentive of help towards legal fees and the option to make overpayments, offering welcome flexibility and the chance to keep upfront costs to a minimum.

Why we like it…

The market-leading low rate on this deal, combined with its low fee, make it highly attractive to first-time buyers, therefore easily earning a place in the Best Buy charts as well as the highest Moneyfacts rating.

Moneyfacts rating: Outstanding

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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