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Tipton & Coseley improves FTB mortgage

Tipton & Coseley improves FTB mortgage

Category: Mortgages
Date: 31/01/2017

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 It is now over 6 months old so the content may be out of date.

Tipton & Coseley BS has reduced the rate on its three-year discounted variable rate mortgage by 0.21%, which has enabled it to improve its position in the Best Buy chart for first-time buyers (FTBs) and earned it the highest Moneyfacts rating.

The basics…

This mortgage now boasts a discounted variable rate of 2.88% (1.86% disc) to 29.2.2020, at 95% loan-to-value. It is fee-free.

The finer details…

The deal is offered to first-time house purchase customers with a deposit of just 5%. It comes with the option to make overpayments (of up to 10% of the mortgage advance) and draw down additional funds (subject to approval), offering some welcome flexibility.

Why we like it…

The even more competitive rate, combined with its fee-free status, make this deal highly attractive to first-time buyers looking to keep upfront costs down, therefore easily improving its place in the Best Buy charts as well as earning the 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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