Savings
Castle Trust Bank – 1-Year Fixed Rate E-Cash ISA
Commenting on the deal, Darren Cook, Finance Expert at Moneyfactscompare.co.uk, said:
“This week Castle Trust Bank has increased the rate on its 1-Year Fixed Rate E-Cash ISA by 0.06%. Savers who are yet to use their tax-free savings allowance might be tempted by a rate of 3.96%, which takes this product into a top 10 position when compared to other products in the same sector. Further additions can be made for 14 days after the account is opened and early access is permitted, however, this is subject to 90 days’ loss of interest and closure of the account. It takes a prominent place in our top rate tables and earns an Excellent Moneyfacts product rating”
Key product details:
- Rate: 3.96% gross / 3.96% AER payable on maturity
- Notice / term: One year
- Minimum opening amount: £1,000
- Maximum investment amount: ISA allowance
- Access: Permitted, earlier access on closure only subject to 90-day loss of interest
- Further additions: Permitted for 14 days from account opening
- Transfers in: Permitted. Accepts Cash and Stocks and Shares ISAs
- Transfers out: Permitted, earlier access on closure only subject to 90-day loss
- Opening account: Online and mobile app
- Managing account: Online and mobile app
- Other information: Minimum applicant age 18.
OakNorth Bank – 12-Month Fixed Term Savings Account
Commenting on the deal, Darren Cook, Finance Expert at Moneyfactscompare.co.uk, said:
“OakNorth Bank has increased rates on a selection of its Fixed Term Savings Accounts. The 12-Month Fixed Term Savings Account has been increased by 0.42% to 4.32% and takes a position in the top 10 in the market compared against other bonds currently on offer with a similar term. As is common in the fixed rate market, early access is not permitted, however, investors may be pleased to note that additions can be made for 14 days after the account has been opened. This account takes a prominent place in our top rate tables and earns an Excellent Moneyfacts product rating.”
- Rate: 4.32% gross / 4.32% AER payable on maturity
- Notice / term: 12 months
- Minimum opening amount: £1
- Maximum investment amount: £500,000
- Access: No
- Further additions: For 14 days from account opening
- Opening account: Online and mobile app
- Managing account: Online and mobile app
- Other information: Minimum applicant age 18. Joint account option available.
Principality Building Society – Online ISA
Commenting on the deal, Darren Cook, Finance Expert at Moneyfactscompare.co.uk, said:
“Principality Building Society has increased the rates on a selection of its variable rate accounts by up to 0.20%. Savers who are yet to use their tax-free savings allowance might be tempted by the Online ISA paying 3.10%, which includes a 0.40% bonus for 12 months. This product takes a position within the top 10 when compared to other accounts currently available within their respective sectors. Overall, this earns an Excellent Moneyfacts product rating and a prominent place in our top tables.”
Key product details:
- Rate: 3.10% gross / 3.10% AER payable yearly
- Notice / term: None
- Minimum opening amount: £1
- Maximum investment amount: ISA allowance
- Access: Permitted
- Further additions: Permitted
- Transfers in: Permitted. Accepts Cash and Stocks and Shares ISAs
- Transfers out: Permitted
- Opening account: Online
- Managing account: Online
- Other information: Minimum applicant age 16.
Mortgages
The Co-operative Bank – Five-year fixed rate mortgage, 70% loan-to-value
Commenting on the deal, Darren Cook, Finance Expert at Moneyfactscompare.co.uk, said:
“The Co-operative Bank has revamped its entire residential mortgage range. One deal which may be of particular interest for those thinking of purchasing a home or remortgaging is the five-year fixed rate at 70% loan-to-value at 4.49% to 31.8.28. While lower rates may be available with other lenders in this sector, this deal comes with a £1,499 fee attached and includes an attractive incentive package of £250 cashback, a free valuation and, for remortgages, free legal fees.”
Key product details:
- Rate: 4.49% fixed rate to 31.8.28
- Product fee: £1,499
- Maximum loan-to-value: 70%
- Available to: All borrower types
- Incentives: Free valuation, £250 cashback and, for those remortgaging, free legal fees
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Coventry Building Society – Three-year fixed rate mortgage, 95% loan-to-value
Commenting on the deal, Darren Cook, Finance Expert at Moneyfactscompare.co.uk, said:
“Coventry BS has increased all its fixed rate and tracker mortgages by 0.15% within its residential range. One of the deals for house purchase customers is now priced at 5.40% to 31.8.26 at 95% loan-to-value, it carries a £999 arrangement fee and offers a free valuation. Although it has seen an increase of 0.15%, it retains its place in the Moneyfacts 'Best Buys' for first-time buyers.”
Key product details:
- Rate: 5.40% fixed rate to 31.8.26
- Product fee: £999
- Maximum loan-to-value: 95%
- Available to: First and second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Savings
Castle Trust Bank – 1-Year Fixed Rate E-Cash ISA
Commenting on the deal, Darren Cook, Finance Expert at Moneyfactscompare.co.uk, said:
“This week Castle Trust Bank has increased the rate on its 1-Year Fixed Rate E-Cash ISA by 0.06%. Savers who are yet to use their tax-free savings allowance might be tempted by a rate of 3.96%, which takes this product into a top 10 position when compared to other products in the same sector. Further additions can be made for 14 days after the account is opened and early access is permitted, however, this is subject to 90 days’ loss of interest and closure of the account. It takes a prominent place in our top rate tables and earns an Excellent Moneyfacts product rating”
Key product details:
- Rate: 3.96% gross / 3.96% AER payable on maturity
- Notice / term: One year
- Minimum opening amount: £1,000
- Maximum investment amount: ISA allowance
- Access: Permitted, earlier access on closure only subject to 90-day loss of interest
- Further additions: Permitted for 14 days from account opening
- Transfers in: Permitted. Accepts Cash and Stocks and Shares ISAs
- Transfers out: Permitted, earlier access on closure only subject to 90-day loss
- Opening account: Online and mobile app
- Managing account: Online and mobile app
- Other information: Minimum applicant age 18.
OakNorth Bank – 12-Month Fixed Term Savings Account
Commenting on the deal, Darren Cook, Finance Expert at Moneyfactscompare.co.uk, said:
“OakNorth Bank has increased rates on a selection of its Fixed Term Savings Accounts. The 12-Month Fixed Term Savings Account has been increased by 0.42% to 4.32% and takes a position in the top 10 in the market compared against other bonds currently on offer with a similar term. As is common in the fixed rate market, early access is not permitted, however, investors may be pleased to note that additions can be made for 14 days after the account has been opened. This account takes a prominent place in our top rate tables and earns an Excellent Moneyfacts product rating.”
- Rate: 4.32% gross / 4.32% AER payable on maturity
- Notice / term: 12 months
- Minimum opening amount: £1
- Maximum investment amount: £500,000
- Access: No
- Further additions: For 14 days from account opening
- Opening account: Online and mobile app
- Managing account: Online and mobile app
- Other information: Minimum applicant age 18. Joint account option available.
Principality Building Society – Online ISA
Commenting on the deal, Darren Cook, Finance Expert at Moneyfactscompare.co.uk, said:
“Principality Building Society has increased the rates on a selection of its variable rate accounts by up to 0.20%. Savers who are yet to use their tax-free savings allowance might be tempted by the Online ISA paying 3.10%, which includes a 0.40% bonus for 12 months. This product takes a position within the top 10 when compared to other accounts currently available within their respective sectors. Overall, this earns an Excellent Moneyfacts product rating and a prominent place in our top tables.”
Key product details:
- Rate: 3.10% gross / 3.10% AER payable yearly
- Notice / term: None
- Minimum opening amount: £1
- Maximum investment amount: ISA allowance
- Access: Permitted
- Further additions: Permitted
- Transfers in: Permitted. Accepts Cash and Stocks and Shares ISAs
- Transfers out: Permitted
- Opening account: Online
- Managing account: Online
- Other information: Minimum applicant age 16.
Mortgages
The Co-operative Bank – Five-year fixed rate mortgage, 70% loan-to-value
Commenting on the deal, Darren Cook, Finance Expert at Moneyfactscompare.co.uk, said:
“The Co-operative Bank has revamped its entire residential mortgage range. One deal which may be of particular interest for those thinking of purchasing a home or remortgaging is the five-year fixed rate at 70% loan-to-value at 4.49% to 31.8.28. While lower rates may be available with other lenders in this sector, this deal comes with a £1,499 fee attached and includes an attractive incentive package of £250 cashback, a free valuation and, for remortgages, free legal fees.”
Key product details:
- Rate: 4.49% fixed rate to 31.8.28
- Product fee: £1,499
- Maximum loan-to-value: 70%
- Available to: All borrower types
- Incentives: Free valuation, £250 cashback and, for those remortgaging, free legal fees
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Coventry Building Society – Three-year fixed rate mortgage, 95% loan-to-value
Commenting on the deal, Darren Cook, Finance Expert at Moneyfactscompare.co.uk, said:
“Coventry BS has increased all its fixed rate and tracker mortgages by 0.15% within its residential range. One of the deals for house purchase customers is now priced at 5.40% to 31.8.26 at 95% loan-to-value, it carries a £999 arrangement fee and offers a free valuation. Although it has seen an increase of 0.15%, it retains its place in the Moneyfacts 'Best Buys' for first-time buyers.”
Key product details:
- Rate: 5.40% fixed rate to 31.8.26
- Product fee: £999
- Maximum loan-to-value: 95%
- Available to: First and second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain.
