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Principality reduces 2yr mortgage rate

Principality reduces 2yr mortgage rate

Category: Mortgages
Date: 16/01/2017

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 It is now over 6 months old so the content may be out of date.

Principality BS has reduced the rate on its two-year fixed mortgage deal by 0.15%, which sees it enter the Best Buy chart for its sector and earn the highest Moneyfacts rating in the process.

The basics…

This mortgage now boasts a rate of 1.75% fixed to 28.02.2019. It's available at 80% loan-to-value (LTV), and is completely fee-free.

The finer details…

This deal is offered to all borrowers with the necessary deposit. It offers an attractive incentive package of free valuation fees for all and free legal fees for remortgagors, and comes with the option to make overpayments.

Why we like it…

The rate reduction has made this deal more competitive, but it's the fee-free status and incentives that really make it stand out from the crowd, earning it its place in the Best Buys and our highest rating as a result.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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