Savings
Gatehouse Bank – Raisin UK – 18 Month Fixed Term Deposit
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Savers looking to lock away their cash for a competitive return may be pleased to see this latest rate rise from Gatehouse Bank. It’s Raisin UK - 18 Month Fixed Term Deposit now boasts an expected profit rate of 4.60%, which is payable on maturity and compounded annually. As is common with this type of account, savers must be comfortable with their initial deposit and term of the deal as earlier access will not be permitted. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.60% gross / 4.60% AER payable on maturity and compounded annually
- Notice / term: 18 months
- 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. Shari’ah compliant account – rates shown are expected profit rate. Account available via Raisin UK. With Raisin UK a £30 Partner Bonus can be claimed on savings accounts with a term of at least six months opened with a minimum of £10,000.
Shawbrook Bank – 1 Year Fixed Rate Cash ISA Bond Issue 64
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Shawbrook Bank has increased the rate on its one-year fixed ISA this week by 0.20%, improving its position in the market. Savers searching for a guaranteed return on their cash and wishing to utilise their ISA allowance may find this a competitive choice as the deal holds a more prominent position in its sector. Consumers can make Cash and Stocks and Shares ISA transfers into the account, and if they so wish, access their deposit subject to a loss of interest penalty. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 3.90% gross / 3.90% AER payable on anniversary / monthly interest option of 3.83% gross / 3.90% AER also available
- Notice / term: One year
- Minimum opening amount: £1,000
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 90-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 90-day loss of interest penalty
- Opening account: Online
- Managing account: By phone
- Other information: Minimum applicant age 18.
Tesco Bank – Instant Access Cash ISA
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, Tesco Bank has increased the rate on its Instant Access Cash ISA, which now pays 2.01%. The deal improves its position in the market and may entice savers looking for flexibility with their cash, while also taking advantage of their ISA allowance. As the deal carries a bonus for 12 months of 1.66%, savers would be wise to make note and review the account before this expires. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 2.01% gross / 2.01% AER payable on anniversary (rate includes a bonus of 1.66% for 12 months)
- Notice / term: None
- Minimum opening amount: £1
- Maximum investment amount: ISA allowance
- Access: Permitted
- Further additions: Permitted
- Transfers in: Permitted. Accepts Cash ISAs
- Transfers out: Permitted
- Opening account: Online and by phone
- Managing account: Online, by phone and via its mobile app
- Other information: Minimum applicant age 18. Flexible ISA rules apply.
Mortgages
TSB – Three-year fixed rate mortgage, 80% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Borrowers looking to remortgage with 20% equity to do so may find the latest deal from TSB enticing. The deal charges a fixed rate of 5.94% to 30 November 2025 and boasts an incentive package of free valuation and free legal fees, ideal for borrowers looking to save on the upfront cost of their deal. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.94% fixed rate to 30.11.25
- Product fee: £995
- Maximum loan-to-value: 80%
- Available to: Remortgage borrowers
- Incentives: Free valuation and free legal fees
- Flexible features: Allows overpayments. Payment holidays considered after one year, subject to approval
- Lending area: Great Britain.
Newbury Building Society – Five-year discounted-variable rate mortgage, 75% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, Newbury Building Society has increased the rate on its five-year discounted variable rate mortgage by 0.25%. Now charging a rate of 2.59%, the deal retains a competitive incentive package of free valuation for all borrowers and free legal fees for those remortgaging. Those borrowers who are looking to save on the upfront cost of their mortgage may then find this an attractive choice. This deal secures an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 2.59% discounted-variable rate (1.86% discount) for five years
- Product fee: £600 for house purchase, £850 for remortgage customers
- 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 Mortgages
Principality Building Society – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Principality Building Society has re-launched its buy-to-let range this week, which includes a competitive two-year fixed mortgage at 60% loan-to-value. Priced at 6.45% to 28 February 2025, the deal may attract landlords looking to save on the upfront cost of their mortgage as it boasts an incentive package and charges no product fee. All borrowers will receive a free valuation and those remortgaging will also get free legal fees. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 6.45% fixed rate to 28.2.25
- Product fee: None
- Maximum loan-to-value: 60%
- Available to: Second-time buyers and remortgage customers
- Incentives: Free valuation and, for remortgage borrowers, free legal fees
- Flexible features: Allows overpayments
- Lending area: England and Wales.
Savings
Gatehouse Bank – Raisin UK – 18 Month Fixed Term Deposit
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Savers looking to lock away their cash for a competitive return may be pleased to see this latest rate rise from Gatehouse Bank. It’s Raisin UK - 18 Month Fixed Term Deposit now boasts an expected profit rate of 4.60%, which is payable on maturity and compounded annually. As is common with this type of account, savers must be comfortable with their initial deposit and term of the deal as earlier access will not be permitted. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.60% gross / 4.60% AER payable on maturity and compounded annually
- Notice / term: 18 months
- 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. Shari’ah compliant account – rates shown are expected profit rate. Account available via Raisin UK. With Raisin UK a £30 Partner Bonus can be claimed on savings accounts with a term of at least six months opened with a minimum of £10,000.
Shawbrook Bank – 1 Year Fixed Rate Cash ISA Bond Issue 64
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Shawbrook Bank has increased the rate on its one-year fixed ISA this week by 0.20%, improving its position in the market. Savers searching for a guaranteed return on their cash and wishing to utilise their ISA allowance may find this a competitive choice as the deal holds a more prominent position in its sector. Consumers can make Cash and Stocks and Shares ISA transfers into the account, and if they so wish, access their deposit subject to a loss of interest penalty. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 3.90% gross / 3.90% AER payable on anniversary / monthly interest option of 3.83% gross / 3.90% AER also available
- Notice / term: One year
- Minimum opening amount: £1,000
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 90-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 90-day loss of interest penalty
- Opening account: Online
- Managing account: By phone
- Other information: Minimum applicant age 18.
Tesco Bank – Instant Access Cash ISA
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, Tesco Bank has increased the rate on its Instant Access Cash ISA, which now pays 2.01%. The deal improves its position in the market and may entice savers looking for flexibility with their cash, while also taking advantage of their ISA allowance. As the deal carries a bonus for 12 months of 1.66%, savers would be wise to make note and review the account before this expires. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 2.01% gross / 2.01% AER payable on anniversary (rate includes a bonus of 1.66% for 12 months)
- Notice / term: None
- Minimum opening amount: £1
- Maximum investment amount: ISA allowance
- Access: Permitted
- Further additions: Permitted
- Transfers in: Permitted. Accepts Cash ISAs
- Transfers out: Permitted
- Opening account: Online and by phone
- Managing account: Online, by phone and via its mobile app
- Other information: Minimum applicant age 18. Flexible ISA rules apply.
Mortgages
TSB – Three-year fixed rate mortgage, 80% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Borrowers looking to remortgage with 20% equity to do so may find the latest deal from TSB enticing. The deal charges a fixed rate of 5.94% to 30 November 2025 and boasts an incentive package of free valuation and free legal fees, ideal for borrowers looking to save on the upfront cost of their deal. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.94% fixed rate to 30.11.25
- Product fee: £995
- Maximum loan-to-value: 80%
- Available to: Remortgage borrowers
- Incentives: Free valuation and free legal fees
- Flexible features: Allows overpayments. Payment holidays considered after one year, subject to approval
- Lending area: Great Britain.
Newbury Building Society – Five-year discounted-variable rate mortgage, 75% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“This week, Newbury Building Society has increased the rate on its five-year discounted variable rate mortgage by 0.25%. Now charging a rate of 2.59%, the deal retains a competitive incentive package of free valuation for all borrowers and free legal fees for those remortgaging. Those borrowers who are looking to save on the upfront cost of their mortgage may then find this an attractive choice. This deal secures an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 2.59% discounted-variable rate (1.86% discount) for five years
- Product fee: £600 for house purchase, £850 for remortgage customers
- 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 Mortgages
Principality Building Society – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said:
“Principality Building Society has re-launched its buy-to-let range this week, which includes a competitive two-year fixed mortgage at 60% loan-to-value. Priced at 6.45% to 28 February 2025, the deal may attract landlords looking to save on the upfront cost of their mortgage as it boasts an incentive package and charges no product fee. All borrowers will receive a free valuation and those remortgaging will also get free legal fees. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 6.45% fixed rate to 28.2.25
- Product fee: None
- Maximum loan-to-value: 60%
- Available to: Second-time buyers and remortgage customers
- Incentives: Free valuation and, for remortgage borrowers, free legal fees
- Flexible features: Allows overpayments
- Lending area: England and Wales.
