Savings
Family Building Society – 1 Year Fixed Rate Bond (57)
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Family Building Society has added a new online Fixed Rate Bond to its product range this week. The deal pays 4.64% yearly which sees it take a prominent position when compared against its peers and may appeal to savers searching for a guaranteed return. Adding to its appeal there is also a monthly interest option for those needing an income boost. As is the case with many fixed bond accounts, earlier access is not permitted, however, further additions are permitted for 15 days from the account opening. The deal secures a prominent position in our top tables and earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.64% gross / 4.64% AER payable yearly, monthly interest option of 4.54% gross / 4.64% AER also available
- Notice / term: One year
- Minimum opening amount: £10,000
- Maximum investment amount: £250,000
- Access: Not permitted
- Further additions: Permitted, for 15 days from account opening.
- Opening account: Online
- Managing account: Online, by phone, by post and in branch
- Other information: Minimum applicant age 16.
Vida Savings – Defined Access ISA Issue 1
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week Vida Savings has launched new Fixed Rate ISAs, a Defined Access ISA and an Easy Access ISA. The Defined Access option takes a competitive position in its sector, paying an attractive 4.63% on its anniversary, there is also a monthly interest option for savers looking to supplement their income. The account can be opened with as little as £10 and further additions are permitted at any time via a nominated account. However, consumers should be cautious when accessing their funds as the account’s rate drops significantly to 2.50% AER if more than four withdrawals are made per year. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.63% gross / 4.63% AER, payable on its anniversary / monthly interest option of 4.53% gross / 4.63% AER also available
- Notice / term: None
- Minimum opening amount: £10
- Maximum investment amount: £85,000
- Access: Permitted, 2.50% gross / AER paid on its anniversary or 2.47% gross / 2.50% AER paid monthly if more than four withdrawals are made per year
- Further additions: Permitted via nominated account
- Transfers in: Permitted, accepts Cash and Stocks and Shares ISAs
- Transfers out: Permitted, 2.50% AER paid if more than four withdrawals are made per year
- Opening account: Online
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18. Investors can choose to split their Cash ISA savings across multiple ISAs within Vida Savings’ range.
Chip – Chip Instant Access Account
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Chip has reduced the rate on its Instant Access Account this week to 4.60% AER, despite this it continues to hold a competitive position in the market when compared against its peers. Savers should note this is inclusive of a 1.10% AER bonus for the first three months which can only be redeemed within 14 days of downloading the Chip app and using the promo code. Interest is paid monthly, so may be an ideal option for savers looking to boost their income and further additions are permitted, which may be a plus. Savers should be aware that they need a Chip subscription (for which both free and paid options are available). The deal secures a prominent position in our top tables and earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.50% gross / 4.60% AER payable monthly (including a 1.06% gross / 1.10% AER bonus for three months, must be added within 14 days of downloading the Chip app using promo code CHIPWELCOME)
- Notice / term: None
- Minimum opening amount: £1
- Maximum investment amount: £1 million
- Access: Permitted
- Further additions: Permitted, minimum £1 addition
- Opening account: Via its mobile app
- Managing account: Via its mobile app
- Other information: Minimum applicant age 18. Open banking connection to current account is required. Investors have the choice between holding a fee-free Chip subscription or paying a £4.99 fee per 28-days for a ChipX subscription.
Close Brothers Savings – 5 Year Fixed Rate Cash ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Close Brothers Savings has launched a new range of Fixed Rate Cash ISAs. The five-year option takes the market-leading position for its term, paying 4.30%. Savers looking to make the most out of their tax-free savings and receive a guaranteed return over a longer period may find this an enticing deal. They will need to invest £10,000 upfront and further additions are permitted for 10 days from the account opening. Investors will have to consider any withdrawals carefully as, although earlier access is permitted, this will be subject to account closure and a 365-day loss of interest penalty. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.30% gross / 4.30% AER payable yearly
- Notice / term: Five years
- Minimum opening amount: £10,000
- Maximum investment amount: ISA allowance
- Access: Permitted, on account closure and subject to a 365-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 365-day loss of interest penalty and closure of the account
- Opening account: Online
- Managing account: Online, by phone and by post
- Other information: Minimum applicant age 18. Investors can choose to split their Cash ISA savings across multiple ISAs within Close Brothers Savings’ range.
Mortgages
Santander – Two-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Alongside extending end dates, Santander has reduced selected rates by up to 0.21%. One deal to see a slightly smaller cut of 0.13% is the two-year fixed rate deal at 75% loan-to-value for second-time buyers which is now priced at 4.06% until 2 August 2027. Borrowers looking for a competitive rate and to save on the cost of their mortgage may find this an attractive deal as it charges a reasonable £999 product fee and includes a free valuation incentive. The combination of these changes earns this product an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.06% fixed rate to 2.8.27
- Product fee: £999
- Maximum loan-to-value: 75%
- Available to: Second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Yorkshire Building Society – Two-year fixed rate mortgage, 90% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“House purchase customers seeking a competitive mortgage deal with a low upfront cost may find this latest fixed rate deal from Yorkshire Building Society an attractive choice. The two-year fixed rate mortgage for borrowers with a 10% deposit has seen a significant 0.55% cut and now charges 4.58% until 31 July 2027. The deal offers an attractive incentive package which includes a free valuation and £250 cashback. There is a smaller than average £495 product fee attached which borrowers have the option of adding to the advance of the mortgage. Following the large cut in rate, the offering earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.58% fixed rate to 31.7.27
- Product fee: £495
- Maximum loan-to-value: 90%
- 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
- Lending area: Great Britain and Northern Ireland.
Coventry Building Society – Three-year fixed rate mortgage, 95% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Coventry Building Society has made increases to all but its offset fixed rate offerings in its residential mortgage range by up to 0.15%. Seeing a smaller 0.11% rise is its three-year fixed deal for first-time buyers at 95% loan-to-value. Now priced at 5.33% until 31 October 2028, this may appeal to borrowers looking to keep their mortgage costs low, as there are no chargeable arrangement fees. Also included in this deal is an enticing incentive package which includes a free valuation and £500 cashback. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.33% fixed rate to 31.10.28
- Product fee: None
- Maximum loan-to-value: 95%
- Available to: First-time buyers
- Incentives: Free valuation, and £500 cashback
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Buy-to-Let
Coventry Building Society – Two-year fixed rate mortgage, 65% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Coventry Building Society has increased most of its fixed rates by up to 0.15%. The two-year option, at 65% loan-to-value for second-time buyers, has seen a smaller 0.05% rise and is now priced at 4.21% until 31 October 2027. Landlords will note that the deal carries a larger arrangement fee of £1,999 but it is partially offset by a free valuation incentive. Landlords can make overpayments, which could add to its appeal. Overall, this product earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.21% fixed rate to 31.10.27
- Product fee: £1,999
- Maximum loan-to-value: 65%
- Available to: Second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain.
HSBC – Two-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week HSBC has made reductions to a selection of its fixed rates for landlords by up to 0.17%. One of the options to receive a smaller 0.05% cut is its two-year fixed rate deal at 75% loan-to-value, which now charges 4.43% until 31 May 2027. However, landlords must note that there is a £1,999 fee attached, partially offset by a free valuation incentive. Overall, this product earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.43% fixed rate to 31.5.27
- Product fee: £1,999
- Maximum loan-to-value: 75%
- Available to: Second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Loans
Novuna Personal Finance – Unsecured Personal Loan
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“The latest update from Novuna Personal Finance sees it reduce the rates on selected tiers of its Personal Loan. Borrowers looking to take out a loan between £7,500 and £25,000 can do so at a cheaper rate, the deal also takes a competitive position in the market when compared against its peers. Adding to its appeal, the loan allows overpayments to be made without incurring an early repayment charge. Although other deals are available with lower APRs, they are subject to early repayment charges. Overall, the product earns an Excellent Moneyfacts product rating.”
Key product details:
- Representative APR: 6.1%
- Loan period: Rate shown is based on a term of 60 months for a £7,500 borrowing
- Application available: Online and by phone
- Other information: Minimum age 21. Minimum Applicant Net Income £10,000 per year.
Savings
Family Building Society – 1 Year Fixed Rate Bond (57)
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Family Building Society has added a new online Fixed Rate Bond to its product range this week. The deal pays 4.64% yearly which sees it take a prominent position when compared against its peers and may appeal to savers searching for a guaranteed return. Adding to its appeal there is also a monthly interest option for those needing an income boost. As is the case with many fixed bond accounts, earlier access is not permitted, however, further additions are permitted for 15 days from the account opening. The deal secures a prominent position in our top tables and earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.64% gross / 4.64% AER payable yearly, monthly interest option of 4.54% gross / 4.64% AER also available
- Notice / term: One year
- Minimum opening amount: £10,000
- Maximum investment amount: £250,000
- Access: Not permitted
- Further additions: Permitted, for 15 days from account opening.
- Opening account: Online
- Managing account: Online, by phone, by post and in branch
- Other information: Minimum applicant age 16.
Vida Savings – Defined Access ISA Issue 1
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week Vida Savings has launched new Fixed Rate ISAs, a Defined Access ISA and an Easy Access ISA. The Defined Access option takes a competitive position in its sector, paying an attractive 4.63% on its anniversary, there is also a monthly interest option for savers looking to supplement their income. The account can be opened with as little as £10 and further additions are permitted at any time via a nominated account. However, consumers should be cautious when accessing their funds as the account’s rate drops significantly to 2.50% AER if more than four withdrawals are made per year. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.63% gross / 4.63% AER, payable on its anniversary / monthly interest option of 4.53% gross / 4.63% AER also available
- Notice / term: None
- Minimum opening amount: £10
- Maximum investment amount: £85,000
- Access: Permitted, 2.50% gross / AER paid on its anniversary or 2.47% gross / 2.50% AER paid monthly if more than four withdrawals are made per year
- Further additions: Permitted via nominated account
- Transfers in: Permitted, accepts Cash and Stocks and Shares ISAs
- Transfers out: Permitted, 2.50% AER paid if more than four withdrawals are made per year
- Opening account: Online
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18. Investors can choose to split their Cash ISA savings across multiple ISAs within Vida Savings’ range.
Chip – Chip Instant Access Account
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Chip has reduced the rate on its Instant Access Account this week to 4.60% AER, despite this it continues to hold a competitive position in the market when compared against its peers. Savers should note this is inclusive of a 1.10% AER bonus for the first three months which can only be redeemed within 14 days of downloading the Chip app and using the promo code. Interest is paid monthly, so may be an ideal option for savers looking to boost their income and further additions are permitted, which may be a plus. Savers should be aware that they need a Chip subscription (for which both free and paid options are available). The deal secures a prominent position in our top tables and earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.50% gross / 4.60% AER payable monthly (including a 1.06% gross / 1.10% AER bonus for three months, must be added within 14 days of downloading the Chip app using promo code CHIPWELCOME)
- Notice / term: None
- Minimum opening amount: £1
- Maximum investment amount: £1 million
- Access: Permitted
- Further additions: Permitted, minimum £1 addition
- Opening account: Via its mobile app
- Managing account: Via its mobile app
- Other information: Minimum applicant age 18. Open banking connection to current account is required. Investors have the choice between holding a fee-free Chip subscription or paying a £4.99 fee per 28-days for a ChipX subscription.
Close Brothers Savings – 5 Year Fixed Rate Cash ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Close Brothers Savings has launched a new range of Fixed Rate Cash ISAs. The five-year option takes the market-leading position for its term, paying 4.30%. Savers looking to make the most out of their tax-free savings and receive a guaranteed return over a longer period may find this an enticing deal. They will need to invest £10,000 upfront and further additions are permitted for 10 days from the account opening. Investors will have to consider any withdrawals carefully as, although earlier access is permitted, this will be subject to account closure and a 365-day loss of interest penalty. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.30% gross / 4.30% AER payable yearly
- Notice / term: Five years
- Minimum opening amount: £10,000
- Maximum investment amount: ISA allowance
- Access: Permitted, on account closure and subject to a 365-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 365-day loss of interest penalty and closure of the account
- Opening account: Online
- Managing account: Online, by phone and by post
- Other information: Minimum applicant age 18. Investors can choose to split their Cash ISA savings across multiple ISAs within Close Brothers Savings’ range.
Mortgages
Santander – Two-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Alongside extending end dates, Santander has reduced selected rates by up to 0.21%. One deal to see a slightly smaller cut of 0.13% is the two-year fixed rate deal at 75% loan-to-value for second-time buyers which is now priced at 4.06% until 2 August 2027. Borrowers looking for a competitive rate and to save on the cost of their mortgage may find this an attractive deal as it charges a reasonable £999 product fee and includes a free valuation incentive. The combination of these changes earns this product an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.06% fixed rate to 2.8.27
- Product fee: £999
- Maximum loan-to-value: 75%
- Available to: Second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Yorkshire Building Society – Two-year fixed rate mortgage, 90% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“House purchase customers seeking a competitive mortgage deal with a low upfront cost may find this latest fixed rate deal from Yorkshire Building Society an attractive choice. The two-year fixed rate mortgage for borrowers with a 10% deposit has seen a significant 0.55% cut and now charges 4.58% until 31 July 2027. The deal offers an attractive incentive package which includes a free valuation and £250 cashback. There is a smaller than average £495 product fee attached which borrowers have the option of adding to the advance of the mortgage. Following the large cut in rate, the offering earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.58% fixed rate to 31.7.27
- Product fee: £495
- Maximum loan-to-value: 90%
- 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
- Lending area: Great Britain and Northern Ireland.
Coventry Building Society – Three-year fixed rate mortgage, 95% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week, Coventry Building Society has made increases to all but its offset fixed rate offerings in its residential mortgage range by up to 0.15%. Seeing a smaller 0.11% rise is its three-year fixed deal for first-time buyers at 95% loan-to-value. Now priced at 5.33% until 31 October 2028, this may appeal to borrowers looking to keep their mortgage costs low, as there are no chargeable arrangement fees. Also included in this deal is an enticing incentive package which includes a free valuation and £500 cashback. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 5.33% fixed rate to 31.10.28
- Product fee: None
- Maximum loan-to-value: 95%
- Available to: First-time buyers
- Incentives: Free valuation, and £500 cashback
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Buy-to-Let
Coventry Building Society – Two-year fixed rate mortgage, 65% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Coventry Building Society has increased most of its fixed rates by up to 0.15%. The two-year option, at 65% loan-to-value for second-time buyers, has seen a smaller 0.05% rise and is now priced at 4.21% until 31 October 2027. Landlords will note that the deal carries a larger arrangement fee of £1,999 but it is partially offset by a free valuation incentive. Landlords can make overpayments, which could add to its appeal. Overall, this product earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.21% fixed rate to 31.10.27
- Product fee: £1,999
- Maximum loan-to-value: 65%
- Available to: Second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain.
HSBC – Two-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week HSBC has made reductions to a selection of its fixed rates for landlords by up to 0.17%. One of the options to receive a smaller 0.05% cut is its two-year fixed rate deal at 75% loan-to-value, which now charges 4.43% until 31 May 2027. However, landlords must note that there is a £1,999 fee attached, partially offset by a free valuation incentive. Overall, this product earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.43% fixed rate to 31.5.27
- Product fee: £1,999
- Maximum loan-to-value: 75%
- Available to: Second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Loans
Novuna Personal Finance – Unsecured Personal Loan
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“The latest update from Novuna Personal Finance sees it reduce the rates on selected tiers of its Personal Loan. Borrowers looking to take out a loan between £7,500 and £25,000 can do so at a cheaper rate, the deal also takes a competitive position in the market when compared against its peers. Adding to its appeal, the loan allows overpayments to be made without incurring an early repayment charge. Although other deals are available with lower APRs, they are subject to early repayment charges. Overall, the product earns an Excellent Moneyfacts product rating.”
Key product details:
- Representative APR: 6.1%
- Loan period: Rate shown is based on a term of 60 months for a £7,500 borrowing
- Application available: Online and by phone
- Other information: Minimum age 21. Minimum Applicant Net Income £10,000 per year.
