Savings
National Bank of Egypt (UK) Limited – Raisin UK – 1 Year Fixed Term Deposit
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, National Bank of Egypt (UK) Limited has increased the rates across its Raisin UK - Fixed Term Deposits. The one-year option now pays 5.10% and may appeal to savers looking for a competitive return over the short-term, but the account must be opened with a minimum investment of £10,000. Earlier access and further additions are not permitted, so careful planning from the outset will be essential. Overall, the deal receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.10% gross / 5.10% AER payable on maturity
- Notice / term: One year
- Minimum opening amount: £10,000
- 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. Account available via the Raisin UK platform.
Close Brothers Savings – 2 Year Fixed Rate Bond
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Close Brothers Savings has launched a new 2 Year Fixed Rate Bond this week, paying 4.95%. It takes a competitive position in the market when compared against other bonds of similar terms. Savers will need to invest a minimum of £10,000 and they may be glad to hear that further additions can be made for 10 days from the account opening; however, it is worth noting that early access is not permitted. Overall, this deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.95% gross/ 4.95% AER paid yearly
- Notice / term: Two year
- 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 post and by phone
- Other information: Minimum applicant age 18. Joint account option available.
Charter Savings Bank – 1 Year Fixed Rate Cash ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Improving its overall position in the market this week, Charter Savings Bank has increased the rate on its 1 Year Fixed Rate Cash ISA, which now pays a competitive 4.71%. Savers will need to make an initial £5,000 minimum investment, however, for those who wish to do so, further additions can be made for 30 days from the account opening. It would be sensible for investors to carefully consider earlier access as any access before the one-year term ends is subject to a 90-day loss of interest penalty. Savers can also choose to split their Cash ISA savings across multiple ISAs within Charter’s range. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.71% gross / 4.71% AER payable on anniversary, monthly interest option of 4.61% gross / 4.71% AER
- Notice / term: One year
- Minimum opening amount: £5,000
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 90-day loss of interest penalty
- Further additions: Permitted, for 30 days from account opening via nominated account
- Transfers in: Permitted, allows Cash and Stocks and Shares ISAs
- Transfers out: Permitted, subject to 90-day loss of interest penalty
- Opening account: Online
- Managing account: Online
- Other information: Minimum applicant age 18. Investors can choose to split their Cash ISA savings across multiple ISAs within Charter’s range.
Mortgages
MPowered Mortgages – Three-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“MPowered Mortgages has reduced several of its fixed rates for house purchase customers this week. Seeing a small cut of 0.08% is its three-year fixed rate mortgage at 75% loan-to-value. Now priced at an appealing 4.69%, the deal is available through selected intermediaries. Attached, there is a reasonable upfront product fee of £999 and a generous incentive package of a free valuation. The reduction, along with its incentive package, enhances its position and earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.69% fixed rate for three years
- Product fee: £99
- Maximum loan-to-value: 75%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: England and Wales. Available through selected intermediaries
Barclays Mortgage – Two-year fixed rate mortgage, 85% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Barclays Mortgage has reduced a handful of its fixed rate offerings within its residential range this week. The deal to see the largest cut of 0.39% is the two-year fixed rate deal at 85% loan-to-value, which pays an appealing 5.18% until 30.6.26. The deal gains a prominent position in the market and may entice borrowers looking to save on the upfront cost of their mortgage. They may find this an attractive option as the deal does not charge any upfront fee and comes with an incentive package, which includes a free valuation. Those who wish to save on their monthly payments in the future have the option to make overpayments. On assessment, this deal keeps its spot as a Moneyfacts Best Buy and earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.18% fixed rate to 30.6.26
- Product fee: None
- Maximum loan-to-value: 85%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Buy-to-Let
HSBC – Five-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“HSBC has launched a new range of buy-to-let fixed rates for landlords this week. One of the offerings is a five-year fixed rate deal at 60% loan-to-value charging an enticing 4.29% for all house purchase customers. Landlords may notice that there is a large arrangement fee of £3,999, however, this is outweighed by the low rate and attractive incentive package which includes a free valuation. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.29% fixed rate to 31.7.29
- Product fee: £3,999
- Maximum loan-to-value: 60%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Savings
National Bank of Egypt (UK) Limited – Raisin UK – 1 Year Fixed Term Deposit
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, National Bank of Egypt (UK) Limited has increased the rates across its Raisin UK - Fixed Term Deposits. The one-year option now pays 5.10% and may appeal to savers looking for a competitive return over the short-term, but the account must be opened with a minimum investment of £10,000. Earlier access and further additions are not permitted, so careful planning from the outset will be essential. Overall, the deal receives an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 5.10% gross / 5.10% AER payable on maturity
- Notice / term: One year
- Minimum opening amount: £10,000
- 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. Account available via the Raisin UK platform.
Close Brothers Savings – 2 Year Fixed Rate Bond
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Close Brothers Savings has launched a new 2 Year Fixed Rate Bond this week, paying 4.95%. It takes a competitive position in the market when compared against other bonds of similar terms. Savers will need to invest a minimum of £10,000 and they may be glad to hear that further additions can be made for 10 days from the account opening; however, it is worth noting that early access is not permitted. Overall, this deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.95% gross/ 4.95% AER paid yearly
- Notice / term: Two year
- 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 post and by phone
- Other information: Minimum applicant age 18. Joint account option available.
Charter Savings Bank – 1 Year Fixed Rate Cash ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Improving its overall position in the market this week, Charter Savings Bank has increased the rate on its 1 Year Fixed Rate Cash ISA, which now pays a competitive 4.71%. Savers will need to make an initial £5,000 minimum investment, however, for those who wish to do so, further additions can be made for 30 days from the account opening. It would be sensible for investors to carefully consider earlier access as any access before the one-year term ends is subject to a 90-day loss of interest penalty. Savers can also choose to split their Cash ISA savings across multiple ISAs within Charter’s range. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.71% gross / 4.71% AER payable on anniversary, monthly interest option of 4.61% gross / 4.71% AER
- Notice / term: One year
- Minimum opening amount: £5,000
- Maximum investment amount: ISA allowance
- Access: Permitted, subject to 90-day loss of interest penalty
- Further additions: Permitted, for 30 days from account opening via nominated account
- Transfers in: Permitted, allows Cash and Stocks and Shares ISAs
- Transfers out: Permitted, subject to 90-day loss of interest penalty
- Opening account: Online
- Managing account: Online
- Other information: Minimum applicant age 18. Investors can choose to split their Cash ISA savings across multiple ISAs within Charter’s range.
Mortgages
MPowered Mortgages – Three-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“MPowered Mortgages has reduced several of its fixed rates for house purchase customers this week. Seeing a small cut of 0.08% is its three-year fixed rate mortgage at 75% loan-to-value. Now priced at an appealing 4.69%, the deal is available through selected intermediaries. Attached, there is a reasonable upfront product fee of £999 and a generous incentive package of a free valuation. The reduction, along with its incentive package, enhances its position and earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.69% fixed rate for three years
- Product fee: £99
- Maximum loan-to-value: 75%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: England and Wales. Available through selected intermediaries
Barclays Mortgage – Two-year fixed rate mortgage, 85% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Barclays Mortgage has reduced a handful of its fixed rate offerings within its residential range this week. The deal to see the largest cut of 0.39% is the two-year fixed rate deal at 85% loan-to-value, which pays an appealing 5.18% until 30.6.26. The deal gains a prominent position in the market and may entice borrowers looking to save on the upfront cost of their mortgage. They may find this an attractive option as the deal does not charge any upfront fee and comes with an incentive package, which includes a free valuation. Those who wish to save on their monthly payments in the future have the option to make overpayments. On assessment, this deal keeps its spot as a Moneyfacts Best Buy and earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.18% fixed rate to 30.6.26
- Product fee: None
- Maximum loan-to-value: 85%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Buy-to-Let
HSBC – Five-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“HSBC has launched a new range of buy-to-let fixed rates for landlords this week. One of the offerings is a five-year fixed rate deal at 60% loan-to-value charging an enticing 4.29% for all house purchase customers. Landlords may notice that there is a large arrangement fee of £3,999, however, this is outweighed by the low rate and attractive incentive package which includes a free valuation. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.29% fixed rate to 31.7.29
- Product fee: £3,999
- Maximum loan-to-value: 60%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
