Savings
SmartSave – 1 Year Fixed Rate Saver
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“SmartSave has launched a new one-year fixed rate bond this week which takes a place in the top 10 when compared against other bonds with similar terms. Savers happy to lock their savings pot away for the short term may well be tempted by the competitive rate of return, as this account pays 4.32% on maturity, but they must be comfortable with their investment as earlier access is not permitted. Overall, this account receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.32% gross / 4.32% AER, payable on maturity
- Notice / term: One year
- Minimum opening amount: £10,000
- Maximum investment amount: £85,000
- Access: Not permitted
- Further additions: Permitted for 14 days from account opening
- Opening account: Online
- Managing account: Online
- Other information: Minimum applicant age 18.
Beehive Money – 18 Month Goal Bond
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“This week Beehive Money has launched a new range of Goal Bonds, which includes an 18-month option paying 4.50% yearly. This may well tempt savers who are happy to secure their nest egg away for the term of the account and who are looking for a competitive rate of return. This account is available to those with a minimum deposit amount of £500. As may be expected with a fixed bond, early access to funds is not permitted, however, there is an element of flexibility for savers to make further additions for either 14 days from account opening, or while the issue remains open, which could be useful for some investors. On assessment, this account receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.50% gross / 4.50% AER, payable yearly
- Notice / term: To 30.6.24
- Minimum opening amount: £500
- Maximum investment amount: £250,000
- Access: Not permitted
- Further additions: Permitted for 14 days from account opening, or while issue remains open, whichever period is longer.
- Opening account: Online and via its mobile app
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18.
Close Brothers Savings – 2 Year Fixed Rate Bond
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“Investors with the required minimum investment amount of £10,000 may be pleased to note that Close Brothers Savings has introduced new fixed rate bond products this week. The 2 Year Fixed Rate Bond takes a prominent place in our top tables, paying a return of 4.65% gross. Savers looking for a guaranteed return on their savings pot may find this an attractive option, as this deal takes a competitive position in its sector, secures a position in our top tables and receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.65% gross / 4.65% AER payable yearly
- Notice / term: Two years
- Minimum opening amount: £10,000
- Maximum investment amount: £2 million
- Access: Not permitted
- Further additions: Permitted for 10 days from account opening
- Opening account: Online
- Managing account: Online, by phone and by post
- Other information: Minimum applicant age 18. Joint account option available.
West Brom Building Society – 5 Year Fixed Rate ISA
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“Included in the latest update from West Brom Building Society is the launch of a range of new ISA products, including a 5 Year Fixed Rate ISA paying 4.25% yearly. This takes a place in the top 10 compared to other fixed rate ISAs with similar terms and may be an appealing option for savers who have yet to use their ISA allowance. Investors would need to be comfortable with their initial investment and the term of the ISA, however, some flexibility is available as further additions are permitted while the issue remains open, and earlier access is permitted (subject to a loss of interest penalty). Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.25% gross / 4.25% AER payable yearly
- Notice / term: To 31.12.27
- Minimum opening amount: £1
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 365-day loss of interest penalty
- Further additions: Permitted while issue remains open
- Transfers in: Permitted. Accepts Cash or Stocks and Shares ISAs, Cash and Stocks and Shares LISAs and Innovative Finance ISAs.
- Transfers out: Permitted, subject to 365-day loss of interest penalty
- Opening account: In branch and by post
- Managing account: In branch, by phone and by post
- Other information: Minimum applicant age 16.
Mortgages
Skipton Building Society – Five-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“Skipton Building Society has added some Limited Edition products to its mortgage range this week. One of the new offerings is a five-year fixed rate deal which is available at 60% loan-to-value. Priced at 4.81% and fixed until 31 March 2028, this competitively priced deal also benefits from a reasonable £995 fee and an incentive package, so may well be a tempting choice for those with the required level of deposit or equity. On balance, this product earns an Outstanding Moneyfacts product rating and a place in our top tables.”
Key product details:
- Rate: 4.81% fixed rate to 31.3.28
- Product fee: £995
- Maximum loan-to-value: 60%
- Available to: All borrower types
- Incentives: Free valuation for all borrowers and free legal fees for remortgage customers
- Flexible features: Allows overpayments. Payment holidays considered (with notice required), after six months, not to exceed level of overpayments made.
- Lending area: Great Britain.
Furness Building Society – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“Furness Building Society has reduced rates across the majority of its residential mortgage range this week, including a cut to its two-year fixed mortgage at 60% loan-to-value of 0.30%. Borrowers looking for the stability and ability to budget which comes with a shorter-term fixed rate may well find this an appealing package as it is priced at 5.19% and fixed for two years. This deal charges a reasonable product fee of £999 and offers borrowers a generous incentive package which includes a free valuation and £250 cashback, which could further tempt those hoping to keep any mortgage set-up costs to a minimum. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.19% fixed rate for two years
- Product fee: £999
- Maximum loan-to-value: 60%
- Available to: All borrowers
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Generation Home – Two-year fixed rate mortgage, 90% loan-to-value
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“This week saw Generation Home reduced its fixed rates, including cutting its two-year fixed rate at 90% loan-to-value by 0.15%. Now priced at 5.50%, this deal carries no product fee and could be an enticing option for both those looking to purchase or to remortgage and who have 10% deposit or equity available. Taking into account the lower rate and lack of fee, this product earns an Outstanding Moneyfacts product rating and a place in our top tables.”
Key product details:
- Rate: 5.50% fixed rate for two years
- Product fee: None
- Maximum loan-to-value: 90%
- Available to: All borrower types
- Incentives: None
- Flexible features: Allows overpayments.
- Lending area: England and Wales.
Buy-to-let
NatWest – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, NatWest has refreshed its buy-to-let range, including a rate cut to its two-year fixed deal at 60% loan-to-value. Reduced by 0.28%, this is now priced at 5.89% to 30 April 2025. An incentive of a free valuation may tempt borrowers looking to save on the upfront cost of their deal, as may the fact that there is no product fee to pay. When assessed as a package, this product improves its place in our top tables and earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.89% fixed rate to 30.4.25
- Product fee: None
- Maximum loan-to-value: 60%
- Available to: Purchase customers (remortgage option also available)
- Incentives: Free valuation
- Flexible features: Allows overpayments.
- Lending area: Great Britain and Northern Ireland.
Skipton Building Society – Five-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“Skipton Building Society has launched Limited Edition fixed rates in its buy-to-let range this week. One such new deal is a five-year fixed rate for landlords looking for a deal at 75% loan-to-value. Priced at 5.38% and fixed until 31 March 2028, this deal carries a comprehensive incentive package, and a reasonable £995 fee which can be added to the advance, and so could be an appealing choice for landlords looking for a good package. Overall, this deal earns a place in our top tables and an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.38% fixed rate to 31.3.28
- Product fee: £995
- Maximum loan-to-value: 75%
- Available to: Second-time buyers and remortgage borrowers
- Incentives: Free valuation for all borrowers and free legal fees for remortgage customers Flexible features: Allows overpayments.
- Lending area: Great Britain.
Savings
SmartSave – 1 Year Fixed Rate Saver
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“SmartSave has launched a new one-year fixed rate bond this week which takes a place in the top 10 when compared against other bonds with similar terms. Savers happy to lock their savings pot away for the short term may well be tempted by the competitive rate of return, as this account pays 4.32% on maturity, but they must be comfortable with their investment as earlier access is not permitted. Overall, this account receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.32% gross / 4.32% AER, payable on maturity
- Notice / term: One year
- Minimum opening amount: £10,000
- Maximum investment amount: £85,000
- Access: Not permitted
- Further additions: Permitted for 14 days from account opening
- Opening account: Online
- Managing account: Online
- Other information: Minimum applicant age 18.
Beehive Money – 18 Month Goal Bond
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“This week Beehive Money has launched a new range of Goal Bonds, which includes an 18-month option paying 4.50% yearly. This may well tempt savers who are happy to secure their nest egg away for the term of the account and who are looking for a competitive rate of return. This account is available to those with a minimum deposit amount of £500. As may be expected with a fixed bond, early access to funds is not permitted, however, there is an element of flexibility for savers to make further additions for either 14 days from account opening, or while the issue remains open, which could be useful for some investors. On assessment, this account receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.50% gross / 4.50% AER, payable yearly
- Notice / term: To 30.6.24
- Minimum opening amount: £500
- Maximum investment amount: £250,000
- Access: Not permitted
- Further additions: Permitted for 14 days from account opening, or while issue remains open, whichever period is longer.
- Opening account: Online and via its mobile app
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18.
Close Brothers Savings – 2 Year Fixed Rate Bond
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“Investors with the required minimum investment amount of £10,000 may be pleased to note that Close Brothers Savings has introduced new fixed rate bond products this week. The 2 Year Fixed Rate Bond takes a prominent place in our top tables, paying a return of 4.65% gross. Savers looking for a guaranteed return on their savings pot may find this an attractive option, as this deal takes a competitive position in its sector, secures a position in our top tables and receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.65% gross / 4.65% AER payable yearly
- Notice / term: Two years
- Minimum opening amount: £10,000
- Maximum investment amount: £2 million
- Access: Not permitted
- Further additions: Permitted for 10 days from account opening
- Opening account: Online
- Managing account: Online, by phone and by post
- Other information: Minimum applicant age 18. Joint account option available.
West Brom Building Society – 5 Year Fixed Rate ISA
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“Included in the latest update from West Brom Building Society is the launch of a range of new ISA products, including a 5 Year Fixed Rate ISA paying 4.25% yearly. This takes a place in the top 10 compared to other fixed rate ISAs with similar terms and may be an appealing option for savers who have yet to use their ISA allowance. Investors would need to be comfortable with their initial investment and the term of the ISA, however, some flexibility is available as further additions are permitted while the issue remains open, and earlier access is permitted (subject to a loss of interest penalty). Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.25% gross / 4.25% AER payable yearly
- Notice / term: To 31.12.27
- Minimum opening amount: £1
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 365-day loss of interest penalty
- Further additions: Permitted while issue remains open
- Transfers in: Permitted. Accepts Cash or Stocks and Shares ISAs, Cash and Stocks and Shares LISAs and Innovative Finance ISAs.
- Transfers out: Permitted, subject to 365-day loss of interest penalty
- Opening account: In branch and by post
- Managing account: In branch, by phone and by post
- Other information: Minimum applicant age 16.
Mortgages
Skipton Building Society – Five-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“Skipton Building Society has added some Limited Edition products to its mortgage range this week. One of the new offerings is a five-year fixed rate deal which is available at 60% loan-to-value. Priced at 4.81% and fixed until 31 March 2028, this competitively priced deal also benefits from a reasonable £995 fee and an incentive package, so may well be a tempting choice for those with the required level of deposit or equity. On balance, this product earns an Outstanding Moneyfacts product rating and a place in our top tables.”
Key product details:
- Rate: 4.81% fixed rate to 31.3.28
- Product fee: £995
- Maximum loan-to-value: 60%
- Available to: All borrower types
- Incentives: Free valuation for all borrowers and free legal fees for remortgage customers
- Flexible features: Allows overpayments. Payment holidays considered (with notice required), after six months, not to exceed level of overpayments made.
- Lending area: Great Britain.
Furness Building Society – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“Furness Building Society has reduced rates across the majority of its residential mortgage range this week, including a cut to its two-year fixed mortgage at 60% loan-to-value of 0.30%. Borrowers looking for the stability and ability to budget which comes with a shorter-term fixed rate may well find this an appealing package as it is priced at 5.19% and fixed for two years. This deal charges a reasonable product fee of £999 and offers borrowers a generous incentive package which includes a free valuation and £250 cashback, which could further tempt those hoping to keep any mortgage set-up costs to a minimum. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.19% fixed rate for two years
- Product fee: £999
- Maximum loan-to-value: 60%
- Available to: All borrowers
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Generation Home – Two-year fixed rate mortgage, 90% loan-to-value
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“This week saw Generation Home reduced its fixed rates, including cutting its two-year fixed rate at 90% loan-to-value by 0.15%. Now priced at 5.50%, this deal carries no product fee and could be an enticing option for both those looking to purchase or to remortgage and who have 10% deposit or equity available. Taking into account the lower rate and lack of fee, this product earns an Outstanding Moneyfacts product rating and a place in our top tables.”
Key product details:
- Rate: 5.50% fixed rate for two years
- Product fee: None
- Maximum loan-to-value: 90%
- Available to: All borrower types
- Incentives: None
- Flexible features: Allows overpayments.
- Lending area: England and Wales.
Buy-to-let
NatWest – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, NatWest has refreshed its buy-to-let range, including a rate cut to its two-year fixed deal at 60% loan-to-value. Reduced by 0.28%, this is now priced at 5.89% to 30 April 2025. An incentive of a free valuation may tempt borrowers looking to save on the upfront cost of their deal, as may the fact that there is no product fee to pay. When assessed as a package, this product improves its place in our top tables and earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.89% fixed rate to 30.4.25
- Product fee: None
- Maximum loan-to-value: 60%
- Available to: Purchase customers (remortgage option also available)
- Incentives: Free valuation
- Flexible features: Allows overpayments.
- Lending area: Great Britain and Northern Ireland.
Skipton Building Society – Five-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfactscompare.co.uk, said:
“Skipton Building Society has launched Limited Edition fixed rates in its buy-to-let range this week. One such new deal is a five-year fixed rate for landlords looking for a deal at 75% loan-to-value. Priced at 5.38% and fixed until 31 March 2028, this deal carries a comprehensive incentive package, and a reasonable £995 fee which can be added to the advance, and so could be an appealing choice for landlords looking for a good package. Overall, this deal earns a place in our top tables and an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.38% fixed rate to 31.3.28
- Product fee: £995
- Maximum loan-to-value: 75%
- Available to: Second-time buyers and remortgage borrowers
- Incentives: Free valuation for all borrowers and free legal fees for remortgage customers Flexible features: Allows overpayments.
- Lending area: Great Britain.