Savings
Furness Building Society – 120 Day Notice Saver Issue 2
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Furness Building Society has increased the rate on its 120 Day Notice Saver this week, which now pays 3.85%. The deal improves its position against other notice accounts and may entice savers who are happy to give notice to access their money to earn a competitive rate. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 3.85% gross / 3.85% AER payable yearly
- Notice / term: 120 days
- Minimum opening amount: £1,000
- Maximum investment amount: £250,000
- Access: Permitted subject to 120 days’ notice
- Further additions: Permitted
- Opening account: By post and in branch
- Managing account: By phone, by post and in branch
- Other information: Minimum applicant age 18. Joint account option available.
Isbank – Raisin UK – 1 Year Fixed Term Deposit
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Isbank has increased rates on a selection of its Fixed Term Deposits this week, including its one-year fixed option, which takes a prominent position in the sector. The deal now pays 5.00% gross and may well entice savers who are happy to lock away their cash to secure a competitive return over the shorter-term. As earlier access and further additions are not permitted, savers must be comfortable with their initial lump sum investment. Overall, this account receives an Excellent Moneyfacts product rating.
Key product details:
- Rate: 5.00% gross / 5.00% AER, payable yearly
- Notice / term: One year
- Minimum opening amount: £1,000
- Maximum investment amount: £85,000
- Access: Not permitted
- Further additions: Not permitted
- Opening account: Online
- Managing account: Online, by phone and by post
- Other information: Minimum applicant age 18. Account available via the Raisin UK platform.
Allica Bank – 24-Month Fixed Term Savings Account (Issue 31)
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Allica Bank has increased the rate on its 24-Month Fixed Term Savings Account this week, which now pays 4.85%. The deal takes a competitive position within its sector against its peers and may well attract savers who want to secure a guaranteed return. Those savers who have the required £10,000 to invest and are happy to open their account online may then find this an appealing option. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.85% gross / 4.85% AER payable on anniversary
- Notice / term: 24 months
- Minimum opening amount: £10,000
- Maximum investment amount: £250,000
- Access: Not permitted
- Further additions: Permitted for 14 days from account opening, via nominated account
- Opening account: Online
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18.
Newcastle Building Society – 2 Year Fixed Rate ISA (Issue 87)
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Newcastle Building Society has increased rates on selected fixed ISAs this week, including its 2 Year Fixed Rate ISA. Now paying a rate of 4.40%, the deal secures a more prominent place in the market. Further additions can be made while the issue remains open and savers looking to earn an attractive rate over the short-term and wishing to utilise their ISA allowance may then find this an attractive choice. Those savers looking to supplement their income will also find the account offers a monthly interest option. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.40% gross / 4.40% AER payable yearly / monthly interest option of 4.31% gross / 4.40% AER also available
- Notice / term: To 7.5.25
- Minimum opening amount: £500
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 120-day loss of interest penalty
- Further additions: Permitted while issue remains open
- Transfers in: Permitted. Accepts cash and stocks and shares ISAs
- Transfers out: Permitted, subject to 120-day loss of interest penalty
- Opening account: Online and in branch
- Managing account: Online, by phone, by post and in branch
- Other information: Minimum applicant age 16. Flexible ISA rules apply.
Mortgages
Principality Building Society – Two-year discounted-variable rate mortgage, 75% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, Principality Building Society has increased the rate on its two-year discounted-variable rate mortgage. Now charging a rate of 4.40%, the deal maintains an attractive incentive package of free valuation for all borrowers and free legal fees for those remortgaging. Those borrowers may also wish to note that the deal does not charge a product fee, ideal for those looking to save on the upfront cost of their mortgage. This deal secures an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.40% discounted-variable rate (collared at 2.00%) to 31.8.25
- Product fee: None
- Maximum loan-to-value: 75%
- Available to: All borrowers
- Incentives: Free valuation for all and, for remortgage borrowers, free legal fees
- Flexible features: Allows overpayments
- Lending area: England and Wales.
Buy-to-let
HSBC – Five-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Landlords looking for a competitive rate to secure their monthly repayments over the next five years may find the latest deal from HSBC an enticing choice after a rate cut this week. Priced at 4.41% and fixed to 31 August 2028, this deal carries an attractive incentive package of a free valuation, however, the £1,999 product fee must be paid upfront. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.41% fixed rate to 31.8.28
- Product fee: £1,999
- Maximum loan-to-value: 75%
- Available to: Second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Principality Building Society – Two-year discounted-variable rate mortgage, 75% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Landlords searching for a competitive package may be pleased by the latest rate cut by Principality Building Society on its two-year discounted-variable rate mortgage. Now charging a rate of 4.68%, the deal charges no upfront product fee and includes an incentive package of free valuation for all borrowers and free legal fees for those remortgaging. Those looking to save on the upfront cost of their mortgage may then find this an appealing option. This deal secures an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.68% discounted-variable rate (collared at 2.00%) to 31.8.25
- Product fee: None
- Maximum loan-to-value: 75%
- Available to: Second-time buyers and remortgage customers
- Incentives: Free valuation for all and, for remortgage borrowers, free legal fees
- Flexible features: Allows overpayments
- Lending area: England and Wales.
Savings
Furness Building Society – 120 Day Notice Saver Issue 2
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Furness Building Society has increased the rate on its 120 Day Notice Saver this week, which now pays 3.85%. The deal improves its position against other notice accounts and may entice savers who are happy to give notice to access their money to earn a competitive rate. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 3.85% gross / 3.85% AER payable yearly
- Notice / term: 120 days
- Minimum opening amount: £1,000
- Maximum investment amount: £250,000
- Access: Permitted subject to 120 days’ notice
- Further additions: Permitted
- Opening account: By post and in branch
- Managing account: By phone, by post and in branch
- Other information: Minimum applicant age 18. Joint account option available.
Isbank – Raisin UK – 1 Year Fixed Term Deposit
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Isbank has increased rates on a selection of its Fixed Term Deposits this week, including its one-year fixed option, which takes a prominent position in the sector. The deal now pays 5.00% gross and may well entice savers who are happy to lock away their cash to secure a competitive return over the shorter-term. As earlier access and further additions are not permitted, savers must be comfortable with their initial lump sum investment. Overall, this account receives an Excellent Moneyfacts product rating.
Key product details:
- Rate: 5.00% gross / 5.00% AER, payable yearly
- Notice / term: One year
- Minimum opening amount: £1,000
- Maximum investment amount: £85,000
- Access: Not permitted
- Further additions: Not permitted
- Opening account: Online
- Managing account: Online, by phone and by post
- Other information: Minimum applicant age 18. Account available via the Raisin UK platform.
Allica Bank – 24-Month Fixed Term Savings Account (Issue 31)
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Allica Bank has increased the rate on its 24-Month Fixed Term Savings Account this week, which now pays 4.85%. The deal takes a competitive position within its sector against its peers and may well attract savers who want to secure a guaranteed return. Those savers who have the required £10,000 to invest and are happy to open their account online may then find this an appealing option. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.85% gross / 4.85% AER payable on anniversary
- Notice / term: 24 months
- Minimum opening amount: £10,000
- Maximum investment amount: £250,000
- Access: Not permitted
- Further additions: Permitted for 14 days from account opening, via nominated account
- Opening account: Online
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18.
Newcastle Building Society – 2 Year Fixed Rate ISA (Issue 87)
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Newcastle Building Society has increased rates on selected fixed ISAs this week, including its 2 Year Fixed Rate ISA. Now paying a rate of 4.40%, the deal secures a more prominent place in the market. Further additions can be made while the issue remains open and savers looking to earn an attractive rate over the short-term and wishing to utilise their ISA allowance may then find this an attractive choice. Those savers looking to supplement their income will also find the account offers a monthly interest option. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.40% gross / 4.40% AER payable yearly / monthly interest option of 4.31% gross / 4.40% AER also available
- Notice / term: To 7.5.25
- Minimum opening amount: £500
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 120-day loss of interest penalty
- Further additions: Permitted while issue remains open
- Transfers in: Permitted. Accepts cash and stocks and shares ISAs
- Transfers out: Permitted, subject to 120-day loss of interest penalty
- Opening account: Online and in branch
- Managing account: Online, by phone, by post and in branch
- Other information: Minimum applicant age 16. Flexible ISA rules apply.
Mortgages
Principality Building Society – Two-year discounted-variable rate mortgage, 75% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, Principality Building Society has increased the rate on its two-year discounted-variable rate mortgage. Now charging a rate of 4.40%, the deal maintains an attractive incentive package of free valuation for all borrowers and free legal fees for those remortgaging. Those borrowers may also wish to note that the deal does not charge a product fee, ideal for those looking to save on the upfront cost of their mortgage. This deal secures an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.40% discounted-variable rate (collared at 2.00%) to 31.8.25
- Product fee: None
- Maximum loan-to-value: 75%
- Available to: All borrowers
- Incentives: Free valuation for all and, for remortgage borrowers, free legal fees
- Flexible features: Allows overpayments
- Lending area: England and Wales.
Buy-to-let
HSBC – Five-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Landlords looking for a competitive rate to secure their monthly repayments over the next five years may find the latest deal from HSBC an enticing choice after a rate cut this week. Priced at 4.41% and fixed to 31 August 2028, this deal carries an attractive incentive package of a free valuation, however, the £1,999 product fee must be paid upfront. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.41% fixed rate to 31.8.28
- Product fee: £1,999
- Maximum loan-to-value: 75%
- Available to: Second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Principality Building Society – Two-year discounted-variable rate mortgage, 75% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Landlords searching for a competitive package may be pleased by the latest rate cut by Principality Building Society on its two-year discounted-variable rate mortgage. Now charging a rate of 4.68%, the deal charges no upfront product fee and includes an incentive package of free valuation for all borrowers and free legal fees for those remortgaging. Those looking to save on the upfront cost of their mortgage may then find this an appealing option. This deal secures an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.68% discounted-variable rate (collared at 2.00%) to 31.8.25
- Product fee: None
- Maximum loan-to-value: 75%
- Available to: Second-time buyers and remortgage customers
- Incentives: Free valuation for all and, for remortgage borrowers, free legal fees
- Flexible features: Allows overpayments
- Lending area: England and Wales.
