Savings
JN Bank – 1 Year Fixed Term Savings Account
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“JN Bank has reduced the rates on its Fixed Term Savings Account, now paying a rate of 5.80% gross. Despite the reduction this account retains a prominent position when compared against other fixed bonds of a similar term. As is the case with many fixed term accounts, earlier access is not permitted, however, investors may be glad to note that after initial funding they can make 11 additional payments on a minimum investment of £100 for 14 days from the account opening. On assessment, the account earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.80% gross / 5.80% AER payable on its anniversary
- Notice / term: One year bond
- Minimum opening amount: £100
- Maximum investment amount: £500,000
- Access: Not permitted
- Further additions: Permitted for 14 days from account opening, maximum of 11 additions after initial funding, minimum £100
- Opening account: Online and by phone
- Managing account: Online and by phone
- Other information: Minimum applicant age 18.
Ford Money – Fixed Saver 2 Year
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Ford Money has reduced the rates on its Fixed Savers by 0.10%, including its Fixed Saver 2 Year. Regardless of this, it continues to pay a competitive rate of 5.65% AER, and for savers who are looking to potentially boost their income there is a monthly interest option also paying 5.65% AER. Requiring a minimum investment of just £500 and a maximum of £2 million, this may be an enticing prospect for many savers. Earlier access is not permitted; however, further additions can be made for 21 days from account opening.”
Key product details:
- Rate: 5.65% gross / 5.65% AER payable on anniversary / monthly interest option of 5.51% gross / 5.65% AER also available
- Notice / term: Two years
- Minimum opening amount: £500
- Maximum investment amount: £2 million
- Access: Not permitted
- Further additions: Permitted for 21 days from account opening
- Opening account: Online
- Managing account: Online
- Other information: Minimum applicant age 16. Joint account option available.
United Trust Bank – UTB 3 Year Bond
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, United Trust Bank has reduced the rates across a selection of its Cash ISA Bonds and UTB Bonds. One account seeing these cuts is its UTB 3-year bond, now paying 5.55% AER, however, it continues to pay a competitive rate within its sector. Savers will need to invest a minimum of £5,000, but it may be sensible to note that earlier access and further additions are not permitted, so investors will need to plan carefully from the outset. Overall, this deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.55% gross / 5.55% AER payable on its anniversary
- Notice / term: Three-year bond
- Minimum opening amount: £5,000
- Maximum investment amount: £1 million
- Access: Not permitted
- Further additions: Not permitted
- Opening account: Online
- Managing account: Online, by post and by phone
- Other information: Minimum applicant age 18. Joint account option available.
Kent Reliance – Cash ISA 1 Year Fixed Rate – Issue 84
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Kent Reliance has changed the issue number and reduced the rates on its Cash ISA 1 Year Fixed Rate this week. Issue 84 of the account is now paying 5.43% AER and takes a competitive position within its sector, also offering a monthly interest option paying 5.43% AER. It may entice savers looking to supplement their income or take advantage of their ISA allowance. The account requires a minimum investment of £1,000 but allows further additions by either cash in branch, via cheque or a bank transfer. Plus, investors who wish to access their cash early can do so, however, this is subject to a 90-day loss of interest penalty which should be considered by savers. In addition, savers can choose to invest between variable and fixed ISAs within Kent Reliance’s range. On assessment, this deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.43% gross / 5.43% AER payable on maturity, monthly interest option of 5.30% gross / 5.43% AER
- Notice / term: One year
- Minimum opening amount: £1,000
- Maximum investment amount: ISA allowance
- Access: Permitted, early access on 90-day loss of interest penalty, withdrawal method is dependent on how account is opened
- Further additions: Permitted, via cash at branch, cheque or bank transfer
- Transfers in: Permitted. Transfer requests must be made within 30 days of account opening
- Transfers out: Permitted, subject to 90-day loss of interest penalty
- Opening account: Online and in branch
- Managing account: Online and in branch
- Other information: Minimum applicant age 16. Minimum applicant age 18 to open and operate online. Investors can choose to invest between variable and fixed rate ISAs within Kent Reliance’s range.
Hampshire Trust Bank – Online Easy Access Account (Issue 15)
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Hampshire Trust Bank has increased the rate and changed the issue number on its Online Easy Access Account. Now paying 5.15% AER it takes a prominent position when compared to other products in its sector, requiring just a small investment of £1. This makes it an attractive option for a variety of savers. Withdrawals can be made to a nominated account at any time without consequence. Savers can open the account online, and manage it online, by post or via telephone. Overall, this receives an Excellent Moneyfacts Product Rating.”
Key product details:
- Rate: 5.15% gross/ 5.15% AER payable on anniversary
- Notice / term: None
- Minimum opening amount: £1
- Maximum investment amount: £250,000
- Access: Permitted via nominated account
- Further additions: Permitted via nominated account
- Opening account: Online
- Managing account: Online, by post and by phone
- Other information: Minimum applicant age 18. Joint account option available.
Mortgages
Yorkshire Building Society – Five-year fixed rate mortgage, 80% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Yorkshire Building Society has reduced rates across a range of its fixed deals this week, including its five-year fixed mortgage at 80% loan-to-value. Priced at 4.89% until 28 February 2029, and requiring a small fee of £495, it is an ideal choice for borrowers who are looking to save on the upfront cost of their mortgage. Additionally, the deal offers overpayments, as well as underpayments and payment holidays subject to conditions. The deal also offers an attractive incentive package of a free valuation alongside £250 cashback. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.89% fixed rate to 28.2.29
- Product fee: £495
- Maximum loan-to-value: 80%
- Available to: House purchase customers
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments. Underpayments and payment holidays considered, not to exceed level of overpayments previously made.
Halifax – Five-year fixed rate mortgage, 90% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Halifax has reduced the rate on its five-year fixed deal at 90% loan-to-value available to house purchase customers. Now priced at a competitive 4.97% until 28 February 2029, the deal charges a reasonable fee of £999, which can be added to the advance of the mortgage. Borrowers can also receive a ‘Green Home’ £250 cashback incentive; however, it must be noted that this is for qualifying properties only. The deal also offers a range of flexible options, including overpayments, and payment holidays which are considered after one year and subject to approval. On assessment, this deal receives an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.97% fixed rate to 28.2.29
- Product fee: £999
- Maximum loan-to-value: 90%
- Available to: House purchase customers
- Incentives: ‘Green Home’ £250 cashback for qualifying properties only
- Flexible features: Allows overpayments. Payment holidays considered, after one year, and subject to approval.
- Lending area: Great Britain and Northern Ireland.
HSBC – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“HSBC has reduced rates across selected fixed deals this week, including its two-year fixed mortgage at 60% loan-to-value. Now priced at 4.98% until 28.2.26, it charges a reasonable fee off £999, and may be an ideal option for those looking to secure a competitive rate and save on the costs of their mortgage for the next two years. This deal also carries an incentive package of a free valuation and permits overpayments. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.98% fixed rate to 28.2.26
- Product fee: £999
- Maximum loan-to-value: 60%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Lloyds Bank – Two-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Lloyds Bank has reduced rates across a range of its fixed deals, including its two-year fixed mortgage at 75% loan-to-value. Now priced at 5.31% until 28.2.26, the deal offers a wide incentive package of a free valuation, free legal fees and £250 cashback for properties which have Energy Efficiency Band A or B, or alternatively have a rating of 81 or higher. Borrowers may be glad to hear that this deal comes with a fair fee of £999 which can be added to the mortgage advance, making it a viable option for those looking to save on their upfront costs. On assessment, this mortgage earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.31% fixed rate to 28.2.26
- Product fee: £999
- Maximum loan-to-value: 75%
- Available to: House purchase customers
- Incentives: Free valuation, free legal fees and £250 Green Home cashback for properties with an Energy Efficiency Band of A or B or a rating of 81 or higher.
- Flexible features: Allows overpayments. Payment holidays considered after one year, subject to approval
- Lending area: Great Britain and Northern Ireland.
first direct – Two-year fixed rate mortgage, 80% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, first direct has reduced the rate on its two-year fixed offer at 80% loan-to-value. Priced at 5.59%, and available to all borrowers, the deal may appeal to those looking to lock into a competitive rate in the short-term. This deal also offers an appealing incentive package of a free valuation for all borrowers, and free legal fees for those remortgaging. Plus, the deal charges a small product fee of £490. This makes it an ideal option for those looking to save on the upfront cost of their mortgage. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.59% fixed rate for two years
- Product fee: £490
- Maximum loan-to-value: 80%
- Available to: All borrowers
- Incentives: Free valuation for all borrowers and free legal fees for those remortgaging
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Savings
JN Bank – 1 Year Fixed Term Savings Account
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“JN Bank has reduced the rates on its Fixed Term Savings Account, now paying a rate of 5.80% gross. Despite the reduction this account retains a prominent position when compared against other fixed bonds of a similar term. As is the case with many fixed term accounts, earlier access is not permitted, however, investors may be glad to note that after initial funding they can make 11 additional payments on a minimum investment of £100 for 14 days from the account opening. On assessment, the account earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.80% gross / 5.80% AER payable on its anniversary
- Notice / term: One year bond
- Minimum opening amount: £100
- Maximum investment amount: £500,000
- Access: Not permitted
- Further additions: Permitted for 14 days from account opening, maximum of 11 additions after initial funding, minimum £100
- Opening account: Online and by phone
- Managing account: Online and by phone
- Other information: Minimum applicant age 18.
Ford Money – Fixed Saver 2 Year
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Ford Money has reduced the rates on its Fixed Savers by 0.10%, including its Fixed Saver 2 Year. Regardless of this, it continues to pay a competitive rate of 5.65% AER, and for savers who are looking to potentially boost their income there is a monthly interest option also paying 5.65% AER. Requiring a minimum investment of just £500 and a maximum of £2 million, this may be an enticing prospect for many savers. Earlier access is not permitted; however, further additions can be made for 21 days from account opening.”
Key product details:
- Rate: 5.65% gross / 5.65% AER payable on anniversary / monthly interest option of 5.51% gross / 5.65% AER also available
- Notice / term: Two years
- Minimum opening amount: £500
- Maximum investment amount: £2 million
- Access: Not permitted
- Further additions: Permitted for 21 days from account opening
- Opening account: Online
- Managing account: Online
- Other information: Minimum applicant age 16. Joint account option available.
United Trust Bank – UTB 3 Year Bond
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, United Trust Bank has reduced the rates across a selection of its Cash ISA Bonds and UTB Bonds. One account seeing these cuts is its UTB 3-year bond, now paying 5.55% AER, however, it continues to pay a competitive rate within its sector. Savers will need to invest a minimum of £5,000, but it may be sensible to note that earlier access and further additions are not permitted, so investors will need to plan carefully from the outset. Overall, this deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.55% gross / 5.55% AER payable on its anniversary
- Notice / term: Three-year bond
- Minimum opening amount: £5,000
- Maximum investment amount: £1 million
- Access: Not permitted
- Further additions: Not permitted
- Opening account: Online
- Managing account: Online, by post and by phone
- Other information: Minimum applicant age 18. Joint account option available.
Kent Reliance – Cash ISA 1 Year Fixed Rate – Issue 84
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Kent Reliance has changed the issue number and reduced the rates on its Cash ISA 1 Year Fixed Rate this week. Issue 84 of the account is now paying 5.43% AER and takes a competitive position within its sector, also offering a monthly interest option paying 5.43% AER. It may entice savers looking to supplement their income or take advantage of their ISA allowance. The account requires a minimum investment of £1,000 but allows further additions by either cash in branch, via cheque or a bank transfer. Plus, investors who wish to access their cash early can do so, however, this is subject to a 90-day loss of interest penalty which should be considered by savers. In addition, savers can choose to invest between variable and fixed ISAs within Kent Reliance’s range. On assessment, this deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.43% gross / 5.43% AER payable on maturity, monthly interest option of 5.30% gross / 5.43% AER
- Notice / term: One year
- Minimum opening amount: £1,000
- Maximum investment amount: ISA allowance
- Access: Permitted, early access on 90-day loss of interest penalty, withdrawal method is dependent on how account is opened
- Further additions: Permitted, via cash at branch, cheque or bank transfer
- Transfers in: Permitted. Transfer requests must be made within 30 days of account opening
- Transfers out: Permitted, subject to 90-day loss of interest penalty
- Opening account: Online and in branch
- Managing account: Online and in branch
- Other information: Minimum applicant age 16. Minimum applicant age 18 to open and operate online. Investors can choose to invest between variable and fixed rate ISAs within Kent Reliance’s range.
Hampshire Trust Bank – Online Easy Access Account (Issue 15)
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Hampshire Trust Bank has increased the rate and changed the issue number on its Online Easy Access Account. Now paying 5.15% AER it takes a prominent position when compared to other products in its sector, requiring just a small investment of £1. This makes it an attractive option for a variety of savers. Withdrawals can be made to a nominated account at any time without consequence. Savers can open the account online, and manage it online, by post or via telephone. Overall, this receives an Excellent Moneyfacts Product Rating.”
Key product details:
- Rate: 5.15% gross/ 5.15% AER payable on anniversary
- Notice / term: None
- Minimum opening amount: £1
- Maximum investment amount: £250,000
- Access: Permitted via nominated account
- Further additions: Permitted via nominated account
- Opening account: Online
- Managing account: Online, by post and by phone
- Other information: Minimum applicant age 18. Joint account option available.
Mortgages
Yorkshire Building Society – Five-year fixed rate mortgage, 80% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Yorkshire Building Society has reduced rates across a range of its fixed deals this week, including its five-year fixed mortgage at 80% loan-to-value. Priced at 4.89% until 28 February 2029, and requiring a small fee of £495, it is an ideal choice for borrowers who are looking to save on the upfront cost of their mortgage. Additionally, the deal offers overpayments, as well as underpayments and payment holidays subject to conditions. The deal also offers an attractive incentive package of a free valuation alongside £250 cashback. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.89% fixed rate to 28.2.29
- Product fee: £495
- Maximum loan-to-value: 80%
- Available to: House purchase customers
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments. Underpayments and payment holidays considered, not to exceed level of overpayments previously made.
Halifax – Five-year fixed rate mortgage, 90% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Halifax has reduced the rate on its five-year fixed deal at 90% loan-to-value available to house purchase customers. Now priced at a competitive 4.97% until 28 February 2029, the deal charges a reasonable fee of £999, which can be added to the advance of the mortgage. Borrowers can also receive a ‘Green Home’ £250 cashback incentive; however, it must be noted that this is for qualifying properties only. The deal also offers a range of flexible options, including overpayments, and payment holidays which are considered after one year and subject to approval. On assessment, this deal receives an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.97% fixed rate to 28.2.29
- Product fee: £999
- Maximum loan-to-value: 90%
- Available to: House purchase customers
- Incentives: ‘Green Home’ £250 cashback for qualifying properties only
- Flexible features: Allows overpayments. Payment holidays considered, after one year, and subject to approval.
- Lending area: Great Britain and Northern Ireland.
HSBC – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“HSBC has reduced rates across selected fixed deals this week, including its two-year fixed mortgage at 60% loan-to-value. Now priced at 4.98% until 28.2.26, it charges a reasonable fee off £999, and may be an ideal option for those looking to secure a competitive rate and save on the costs of their mortgage for the next two years. This deal also carries an incentive package of a free valuation and permits overpayments. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.98% fixed rate to 28.2.26
- Product fee: £999
- Maximum loan-to-value: 60%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Lloyds Bank – Two-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Lloyds Bank has reduced rates across a range of its fixed deals, including its two-year fixed mortgage at 75% loan-to-value. Now priced at 5.31% until 28.2.26, the deal offers a wide incentive package of a free valuation, free legal fees and £250 cashback for properties which have Energy Efficiency Band A or B, or alternatively have a rating of 81 or higher. Borrowers may be glad to hear that this deal comes with a fair fee of £999 which can be added to the mortgage advance, making it a viable option for those looking to save on their upfront costs. On assessment, this mortgage earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.31% fixed rate to 28.2.26
- Product fee: £999
- Maximum loan-to-value: 75%
- Available to: House purchase customers
- Incentives: Free valuation, free legal fees and £250 Green Home cashback for properties with an Energy Efficiency Band of A or B or a rating of 81 or higher.
- Flexible features: Allows overpayments. Payment holidays considered after one year, subject to approval
- Lending area: Great Britain and Northern Ireland.
first direct – Two-year fixed rate mortgage, 80% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, first direct has reduced the rate on its two-year fixed offer at 80% loan-to-value. Priced at 5.59%, and available to all borrowers, the deal may appeal to those looking to lock into a competitive rate in the short-term. This deal also offers an appealing incentive package of a free valuation for all borrowers, and free legal fees for those remortgaging. Plus, the deal charges a small product fee of £490. This makes it an ideal option for those looking to save on the upfront cost of their mortgage. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.59% fixed rate for two years
- Product fee: £490
- Maximum loan-to-value: 80%
- Available to: All borrowers
- Incentives: Free valuation for all borrowers and free legal fees for those remortgaging
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
