Savings
Castle Trust Bank – Fixed Rate e-Cash ISA
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“This week Castle Trust Bank has increased the rate on its one-year fixed e-Cash ISA by 0.10%. Now paying 1.10%, the deal takes a position within the top rate tables and may well appeal to savers looking to utilise their 2021/22 ISA allowance. The deal accepts transfers in from both cash and stocks and shares ISAs and can be opened with a minimum of £1,000. This deal permits early access on account closure, subject to a 90-day loss of interest penalty. The account secures an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 1.10% gross / 1.10% AER payable on maturity
- Notice / term: One year
- Minimum opening amount: £1,000
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 90-day loss of interest penalty and closure of account
- Further additions: Permitted for 14 days from account opening
- Transfers in: Accepts cash and stocks and shares ISAs
- Transfers out: Permitted, subject to 90-day loss of interest penalty
- Opening account: Online and via its mobile app
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18. New customers can only open an account via an online Self Service Portal, after which they gain access to the mobile app and can open subsequent accounts using the Self Service Portal or mobile app. If minimum investment not made within 14 days of account opening, no interest is paid and the balance will be refunded.
Saffron Building Society – Two Year Fixed Rate Cash ISA
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“Improving a selection of fixed ISA rates this week is Saffron Building Society, with its two-year fixed ISA rate rising by a notable 0.30%. Now paying 1.40%, the deal takes a position towards the top end of its sector and may appeal to savers looking to lock into a competitive return over the next two years. This deal permits early access, subject to a 180-day loss of interest penalty and account closure. The account secures an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 1.40% gross / 1.40% AER payable on its anniversary
- Notice / term: Two years
- Minimum opening amount: £500
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 180-day loss of interest penalty and closure of account
- Further additions: Not permitted
- Transfers in: ISA transfers from other providers are not permitted for this account
- Transfers out: Permitted, subject to 180-day loss of interest penalty
- Opening account: Online, in branch or postal
- Managing account: Online, in branch or postal
- Other information: Minimum applicant age 16.
Secure Trust Bank – 2 Year Fixed Rate Bond
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“This week Secure Trust Bank has increased a selection of rates by up to 0.10%, including its 2 Year Fixed Rate Bond. Now paying a competitive rate of 1.70%, the deal may entice savers looking to lock into a fixed bond who have £1,000 to invest. Early access is not permitted, however savers will be able to make further additions within 30 days of account opening, which may be beneficial for some. Overall, this account receives an Excellent Moneyfacts product rating and improves its position within our top rate tables.”
Key product details:
- Rate: 1.70% gross / 1.70% AER payable yearly
- Notice / term: To 25.3.24
- Minimum opening amount: £1,000
- Maximum investment amount: £1 million
- Access: No earlier access
- Further additions: Permitted within 30 days of account opening from a minimum of £1,000
- Opening account: Online
- Managing account: Online and by phone
- Other information: Minimum applicant age 18. Joint account option available.
Mortgages
Furness Building Society – Two-year discounted variable rate mortgage, 80% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“Furness Building Society has made various amendments to its discounted-variable rate range this week, including a sizable cut of 0.35% to its two-year offering at 80% loan-to-value. Now priced at 0.99%, the deal may appeal to borrowers looking for a competitive rate and a cost saving incentive package. The deal carries a comprehensive incentive package of a free valuation and for those remortgaging either up to £150 towards their legal costs, or free legal fees. Borrowers can also add the product fee of £999 to the mortgage advance. This deal reaffirms its position within our top tables and earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 0.99% discounted variable rate for two years
- Product fee: £999
- Maximum loan-to-value: 80%
- Available to: All borrower types
- Incentives: Free valuation and for those remortgaging either free legal fees (England and Wales) or £150 towards legal fees (England, Wales, and Scotland)
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Leeds Building Society – Two-year fixed rate mortgage, 65% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“This week, Leeds Building Society has launched new fixed rates to its range, including a new two-year fixed mortgage at 65% loan-to-value. Priced at 2.04% until 31 June 2024, the deal charges no fee and carries an attractive incentive package of free valuation and £250 cashback. The competitive rate and incentive package may then attract borrowers looking to save on the upfront cost of their mortgage. The deal secures a place in our top tables and an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 2.04% fixed rate to 30.6.24
- Product fee: None
- Maximum loan-to-value: 65%
- Available to: All borrowers
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments
- Lending area: England, Wales, mainland Scotland, and Northern Ireland.
Buy-to-Let Mortgages
Leek United Building Society – Five-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“Leek United Building Society has made rate increases across a selection of its fixed rate deals this week. One deal to see a rise of 0.10% is the five-year fixed rate mortgage at 75% loan-to-value. Now priced at 2.22% to 31 May 2027, the deal charges no product fee and carries an incentive package of free valuation and £400 cashback. Borrowers looking to save on the upfront cost of their deal may then find this appealing. Despite the rate rise, the deal retains a place in our top tables and carries an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 2.22% fixed rate to 31.5.27
- Product fee: None
- Maximum loan-to-value: 75%
- Available to: All borrower types
- Incentives: £400 cashback and free valuation
- Flexible features: Allows overpayments
- Lending area: England and Wales.
Savings
Castle Trust Bank – Fixed Rate e-Cash ISA
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“This week Castle Trust Bank has increased the rate on its one-year fixed e-Cash ISA by 0.10%. Now paying 1.10%, the deal takes a position within the top rate tables and may well appeal to savers looking to utilise their 2021/22 ISA allowance. The deal accepts transfers in from both cash and stocks and shares ISAs and can be opened with a minimum of £1,000. This deal permits early access on account closure, subject to a 90-day loss of interest penalty. The account secures an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 1.10% gross / 1.10% AER payable on maturity
- Notice / term: One year
- Minimum opening amount: £1,000
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 90-day loss of interest penalty and closure of account
- Further additions: Permitted for 14 days from account opening
- Transfers in: Accepts cash and stocks and shares ISAs
- Transfers out: Permitted, subject to 90-day loss of interest penalty
- Opening account: Online and via its mobile app
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18. New customers can only open an account via an online Self Service Portal, after which they gain access to the mobile app and can open subsequent accounts using the Self Service Portal or mobile app. If minimum investment not made within 14 days of account opening, no interest is paid and the balance will be refunded.
Saffron Building Society – Two Year Fixed Rate Cash ISA
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“Improving a selection of fixed ISA rates this week is Saffron Building Society, with its two-year fixed ISA rate rising by a notable 0.30%. Now paying 1.40%, the deal takes a position towards the top end of its sector and may appeal to savers looking to lock into a competitive return over the next two years. This deal permits early access, subject to a 180-day loss of interest penalty and account closure. The account secures an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 1.40% gross / 1.40% AER payable on its anniversary
- Notice / term: Two years
- Minimum opening amount: £500
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 180-day loss of interest penalty and closure of account
- Further additions: Not permitted
- Transfers in: ISA transfers from other providers are not permitted for this account
- Transfers out: Permitted, subject to 180-day loss of interest penalty
- Opening account: Online, in branch or postal
- Managing account: Online, in branch or postal
- Other information: Minimum applicant age 16.
Secure Trust Bank – 2 Year Fixed Rate Bond
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“This week Secure Trust Bank has increased a selection of rates by up to 0.10%, including its 2 Year Fixed Rate Bond. Now paying a competitive rate of 1.70%, the deal may entice savers looking to lock into a fixed bond who have £1,000 to invest. Early access is not permitted, however savers will be able to make further additions within 30 days of account opening, which may be beneficial for some. Overall, this account receives an Excellent Moneyfacts product rating and improves its position within our top rate tables.”
Key product details:
- Rate: 1.70% gross / 1.70% AER payable yearly
- Notice / term: To 25.3.24
- Minimum opening amount: £1,000
- Maximum investment amount: £1 million
- Access: No earlier access
- Further additions: Permitted within 30 days of account opening from a minimum of £1,000
- Opening account: Online
- Managing account: Online and by phone
- Other information: Minimum applicant age 18. Joint account option available.
Mortgages
Furness Building Society – Two-year discounted variable rate mortgage, 80% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“Furness Building Society has made various amendments to its discounted-variable rate range this week, including a sizable cut of 0.35% to its two-year offering at 80% loan-to-value. Now priced at 0.99%, the deal may appeal to borrowers looking for a competitive rate and a cost saving incentive package. The deal carries a comprehensive incentive package of a free valuation and for those remortgaging either up to £150 towards their legal costs, or free legal fees. Borrowers can also add the product fee of £999 to the mortgage advance. This deal reaffirms its position within our top tables and earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 0.99% discounted variable rate for two years
- Product fee: £999
- Maximum loan-to-value: 80%
- Available to: All borrower types
- Incentives: Free valuation and for those remortgaging either free legal fees (England and Wales) or £150 towards legal fees (England, Wales, and Scotland)
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Leeds Building Society – Two-year fixed rate mortgage, 65% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“This week, Leeds Building Society has launched new fixed rates to its range, including a new two-year fixed mortgage at 65% loan-to-value. Priced at 2.04% until 31 June 2024, the deal charges no fee and carries an attractive incentive package of free valuation and £250 cashback. The competitive rate and incentive package may then attract borrowers looking to save on the upfront cost of their mortgage. The deal secures a place in our top tables and an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 2.04% fixed rate to 30.6.24
- Product fee: None
- Maximum loan-to-value: 65%
- Available to: All borrowers
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments
- Lending area: England, Wales, mainland Scotland, and Northern Ireland.
Buy-to-Let Mortgages
Leek United Building Society – Five-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“Leek United Building Society has made rate increases across a selection of its fixed rate deals this week. One deal to see a rise of 0.10% is the five-year fixed rate mortgage at 75% loan-to-value. Now priced at 2.22% to 31 May 2027, the deal charges no product fee and carries an incentive package of free valuation and £400 cashback. Borrowers looking to save on the upfront cost of their deal may then find this appealing. Despite the rate rise, the deal retains a place in our top tables and carries an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 2.22% fixed rate to 31.5.27
- Product fee: None
- Maximum loan-to-value: 75%
- Available to: All borrower types
- Incentives: £400 cashback and free valuation
- Flexible features: Allows overpayments
- Lending area: England and Wales.
