Savings

HBL Bank UK – Raisin UK – 1 Year Fixed Term Deposit

Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:

“This week, HBL Bank UK has increased the rate on its 1 Year Deposit with Raisin UK, now paying 5.00%. The account takes a competitive position when compared against other one-year fixed bonds. Savers must have a minimum investment of £1,000, however, it would be wise to note that earlier access and further additions are not permitted, so investors may need to ensure they are happy with their initial deposit. Overall, this deal earns an Excellent Moneyfacts product rating.”

Key product details:

• Rate: 5.00% gross / 5.00% AER payable on maturity
• Notice / term: One-year bond
• Minimum opening amount: £1,000
• Maximum investment amount: £85,000
• Access: Not permitted
• Further additions: Not permitted
• Opening account: Online and via mobile app
• Managing account: Online and via mobile app
• Other information: Minimum applicant age 18.

Plum – Plum Cash ISA

Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:

“This week, Plum has reduced one of the rates on its Cash ISA. Despite this the account maintains a competitive position in the market, paying 4.82% gross / 4.92% AER on £100 investments. This could be an attractive option for savers looking to boost their income. However, it may be important to note that this rate includes a 0.86% gross bonus for 12 months, and savers may face a reduction in the interest rate paid if they make more than three withdrawals per year. Overall, this deal earns an Excellent Moneyfacts product rating.”

Key product details:

• Rate: 2.96% gross / 3.00% AER paid from £1, 4.82% gross / 4.92% AER paid from £100, payable monthly (including a 0.86% gross bonus for 12 months, paid on the first anniversary from account opening)
• Notice / term: None
• Minimum opening amount: £1
• Maximum investment amount: ISA allowance
• Access: Permitted, 2.96% gross / 3.00% AER paid if more than three withdrawals are made per annum
• Further additions: Permitted, minimum addition £1
• Transfers in: Permitted, accepts Cash ISAs, Stocks & Shares ISA, Help to Buy ISA, Lifetime ISA, Innovative Finance ISAs and Stocks & Shares LISAs. Bonus rate not applicable if opened via transferring an existing ISA
• Transfers out: Permitted
• Opening account: Via its mobile app
• Managing account: Via its mobile app
• Other information: Minimum applicant age 18. Operated by Citibank UK Limited. Bonus rate only applicable if a minimum account balance of £100 is maintained and not opened via transferring in an existing ISA.

Monument Bank – Easy Access Account

Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:

“Monument Bank has increased the rate on its easy access account this week. Paying 4.71% gross / 4.81% AER, the deal takes a place in our top rate tables when compared against other easy access accounts. This may be an enticing option for savers looking for some flexibility when it comes to their savings and for those looking to boost their income each month. However, savers will need to invest a substantial amount of £25,000, which may need to be considered. The account secures an Excellent Moneyfacts product rating.”

Key product details:

• Rate: 4.71% gross / 4.81% AER payable monthly
• Notice / term: None
• Minimum opening amount: £25,000
• Maximum investment amount: £2 million
• Access: Permitted, via a nominated account
• Further additions: Permitted, via a nominated account
• Opening account: Via its mobile app
• Managing account: Via its mobile app
• Other information: Minimum applicant age 18.

Cynergy Bank – 1 Year Fixed Rate Cash ISA

Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:

“This week, Cynergy Bank has reduced the rates on a selection of its fixed rate bonds, fixed rate cash ISAs and loyalty fixed rate cash ISAs. The 1 Year Fixed Rate Cash ISA now pays 4.75% and the deal secures a competitive position within its sector. Savers must invest a minimum initial investment of £500, however, it would be wise for investors to consider any withdrawals carefully as they are subject to account closure and 180day loss of interest payment penalty. Overall, the account earns an Excellent Moneyfacts product rating.”

Key product details:

• Rate: 4.75% gross / 4.75% AER payable on anniversary
• Notice / term: One year
• Minimum opening amount: £500
• Maximum investment amount: ISA allowance
• Access: Permitted, subject to account closure and 180-day loss of interest
• Further additions: Permitted into Variable Rate Cash ISA – refer to provider. Minimum addition £100.
• Transfers in: Permitted. Accepts Cash ISAs
• Transfers out: Permitted, subject to account closure and 180-day loss of interest
• Opening account: Online
• Managing account: Online, by phone and by post
• Other information: Minimum applicant age 16. Cynergy Bank Authenticator App or Digipass required to use online banking.

Close Brothers Savings – 2 Year Fixed Rate Cash ISA

Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:

“Close Brothers Savings has launched a handful of fixed rate cash ISAs this week, including a 2 Year Fixed Rate Cash ISA, which pays 4.55%. When compared against other ISAs with similar terms, the deal grabs a competitive position and may well attract savers who are prepared to lock away their cash for an agreed term in exchange for a guaranteed return over the next 24 months. Savers will need £10,000 to invest but they can also make transfers in from cash ISAs or stocks and shares ISAs. However, savers should be cautious as even though early access is permitted, this will result in account closure and is subject to a 150-day loss of interest penalty. Overall, the deal earns an Excellent Moneyfacts product rating.”

Key product details:

• Rate: 4.55% gross / 4.55% AER payable yearly
• Notice / term: Two years
• Minimum opening amount: £10,000
• Maximum investment amount: ISA allowance
• Access: Permitted, on account closure and subject to a 150-day loss of interest penalty
• Further additions: Permitted, for 10 days from account opening
• Transfers in: Permitted, allows Cash and Stocks and Shares ISAs. Transfer instructions must be received within 10 days of account opening.
• Transfers out: Permitted, subject to a 150-day loss of interest penalty
• Opening account: Online
• Managing account: Online, by phone and by post
• Other information: Minimum applicant age 18.

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 rate on its UTB 3 Year Bond, now paying 4.50%. Despite the reduction, the account retains a competitive position when compared against other three-year fixed bonds. Savers must have a minimum investment of £5,000, however, it would be wise to note that earlier access and further additions are not permitted, so investors may need to ensure they are happy with their initial deposit. Overall, this deal earns an Excellent Moneyfacts product rating.”

Key product details:

• Rate: 4.50% gross / 4.50% 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 phone, and by post
• Other information: Minimum applicant age 18. Joint account option available.

Mortgages

Virgin Money – Five-year fixed rate mortgage, 75% loan-to-value

Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:

“Virgin Money has made amendments across a selection of its fixed rates this week, including the five-year fixed rate mortgage at 75% loan-to-value. It has been cut by 0.21% and is now priced at 3.99% until 1 December 2029. It continues to carry a fee of £995 along with an incentive of £300 cashback. Borrowers may also note that overpayments and payment holidays are permitted subject to arrangement, which may be a bonus. As such this enters the Moneyfacts 'Best Buys'. The reduction, along with its fee and incentive package, enhances its position and earns it an Outstanding Moneyfacts product rating.”

Key product details:

• Rate: 3.99% fixed rate to 1.12.29
• Product fee: £995
• Maximum loan-to-value: 75%
• Available to: House purchase customers
• Incentives: £300 cashback
• Flexible features: Allows overpayments and payment holidays
• Lending area: Great Britain and Northern Ireland.

Tipton & Coseley Building Society – Three-year fixed rate mortgage, 90% loan-to-value

Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:

“Tipton & Coseley Building Society has reduced the rate on its three-year fixed rate mortgage this week. The reduction sees this deal fall below the 5% mark and is now priced at 4.99% for house purchase customers at 90% loan-to-value, which may be an enticing choice for borrowers with a limited deposit. Although the deal does not come with any incentives, it charges a smaller than average product fee of £499. Overall, this product earns an Outstanding Moneyfacts product rating.”

Key product details:

• Rate: 4.99% fixed rate to 31.10.27
• Product fee: £499
• Maximum loan-to-value: 90%
• Available to: House purchase customers
• Incentives: None
• Flexible features: Allows overpayments
• Lending area: England and Wales.

NatWest – Two-year fixed rate mortgage, 80% loan-to-value

Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:

“NatWest has reduced the rate on its two-year fixed rate deal this week. Now priced at a competitive 4.54% until 30 November 2026, the deal is available for borrowers looking to have 20% equity in their home. Borrowers will find a free valuation incentive is included and a £1,495 product fee attached, which can be added to the mortgage. This deal may attract those looking to save on the upfront cost and lock into a highly attractive fixed rate. Overall, the deal earns an Outstanding Moneyfacts product rating.

Key product details:

• 4.54% fixed rate to 30.11.26
• Product fee: £1,495
• Maximum loan-to-value: 80%
• Available to: House purchase customers
• Incentives: Free valuation
• Flexible features: Allows overpayments
• Lending area: Great Britain, Northern Ireland.

Cumberland Building Society – Two-year fixed rate mortgage, 90% loan-to-value

Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:

“This week, Cumberland Building Society has reduced the rate on its 2-year fixed deal at 90% loan-to-value for house purchase customers. The deal charges a competitive 5.18% and offers an enticing incentive package, which includes a free valuation. The deal currently carries a reasonable product fee of £999, which can be added to the mortgage advance or paid upfront. On assessment, this product earns an Outstanding Moneyfacts product rating.”

Key product details:

• Rate: 5.18% fixed rate to 1.11.26
• Product fee: £999
• Maximum loan-to-value: 90%
• Available to: House purchase customers
• Incentives: Free valuation
• Flexible features: Allows overpayments
• Lending area: Great Britain, excludes London and South East England.

Buy-to-Let

Virgin Money – Five-year fixed rate mortgage, 80% loan-to-value

Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:

“Virgin Money has made reductions of 0.10% to its core fixed rate range for landlords this week, including the five-year fixed rate buy-to-let mortgage at 80% loan-to-value. The deal is now priced at 5.04% to 1 December 2029. It continues to carry a fee of £995 along with incentives of £500 cashback for those purchasing, or for those remortgaging, a free valuation as well as either £300 cashback or free legal fees. As such this enters the Moneyfacts 'Best Buys'. The reduction, along with its fee and incentive package, enhances its position and earns it an Outstanding Moneyfacts product rating.”

Key product details:

• Rate: 5.04% fixed rate to 1.12.29
• Product fee: £995
• Maximum loan-to-value: 80%
• Available to: Second-time buyers and remortgage borrowers
• Incentives: £500 cashback for house purchases. For remortgage borrowers a free valuation, and either £300 cashback or free legal fees
• Flexible features: Allows overpayments and payment holidays
• Lending area: Great Britain and Northern Ireland.