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New 3yr mortgage now number one

New 3yr mortgage now number one

Category: Mortgages
Date: 18/01/2017

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 It is now over 6 months old so the content may be out of date.

Newcastle BS has launched several new mortgages, including a three-year fixed deal which boasts the lowest rate available for its terms. Because of this, the mortgage has taken pride of place at the top of its Best Buy chart, as well as gaining our highest rating.

The basics…

This mortgage boasts a market-leading rate of 1.59% fixed to 31.5.2020. It's available at 80% loan-to-value (LTV), with a fee of £999.

The finer details…

This deal is offered to all borrowers with the necessary deposit. It comes with the option to make overpayments, offering savvy borrowers the chance to pay off their mortgage that bit faster.

Why we like it…

The low rate alone is enough to see this deal head straight to the top of the Best Buy chart for its sector, with its reasonable fee only adding to its appeal, therefore also easily earning it our highest 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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