Savings

Nottingham Building Society – 5 Year Fixed Rate Cash ISA 24

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

“Nottingham Building Society has moved the end dates, changed the issue numbers and increased selected fixed rates across its 5 Year Fixed Rate Bonds and 5 Year Fixed Rate Cash ISAs. The 5 Year Fixed Rate Cash ISA 24 pays 4.23% AER and retains its competitive position in the market. Savers will need to invest at least £500 but further additions are permitted for 14 days and transfers in are permitted within 28 days from opening. Although earlier access is permitted, transfers out should be considered carefully as savers will be subject to 365 days’ loss of interest penalty. Overall, the deal earns an Excellent Moneyfacts product rating.”

Key product details:

• Rate: 4.23% gross / 4.23% AER payable yearly
• Notice / term: 28.8.30
• Minimum opening amount: £500
• Maximum investment amount: ISA allowance
• Access: Permitted, subject to transfers out only on 365-day loss of interest penalty
• Further additions: Permitted, for 14 days from account opening
• Transfers in: Permitted, within 28 days from account opening. Accepts Cash and Stocks & Shares ISAs
• Transfers out: Permitted, subject to 365-day loss of interest penalty
• Opening account: Online and via its mobile app
• Managing account: Online and via its mobile app
• Other information: Minimum applicant age 18.

Marsden Building Society – Fixed Rate Cash ISA (Issue 262)

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

“Marsden Building Society has increased the rate on a range of its Fixed Rate Bonds and Fixed Rate Cash ISAs. The Fixed Rate Cash ISA (issue 262) takes a competitive position in the market and now pays 4.20% AER yearly until 30 September 2027. Some savers may be pleased to see that there is a monthly interest option available.  Savers will need to deposit at least £5,000 but further additions can be made for 14 days from the account opening, which may be a bonus for some. As is the case with many fixed cash ISAs, access and transfers out are permitted but they will be subject to a 270 days’ loss of interest penalty and account closure. Overall, the account earns an Excellent Moneyfacts product rating.”

Key product details:

• Rate: 4.20% gross / 4.20% AER payable yearly / monthly interest option paying 4.12% gross / 4.20% AER
• Notice / term: 30.9.27
• Minimum opening amount: £5,000
• Maximum investment amount: ISA allowance
• Access: Permitted, subject to 270 days’ loss of interest penalty and account closure
• Further additions: Permitted for 14 days from account opening
• Transfers in: Permitted, within 30 days of account opening. Accepts Cash ISAs
• Transfers out: Permitted, subject to 270 days’ loss of interest penalty
• Opening account: In branch
• Managing account: In branch
• Other information: Minimum applicant age 18.

Mortgages

NatWest – Five-year fixed rate mortgage, 60% loan-to-value

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

“Alongside extending end dates, NatWest has reduced rates across the majority of its fixed rate offerings by up to 0.13%. The five-year deal for house purchase customers has seen a smaller 0.05% cut and is now priced at 3.91% until 31 October 2030. Borrowers should keep in mind that this product is exclusively available to those applying online. The deal is available for house purchase customers with a 40% deposit and comes with an attractive free valuation incentive which helps to offset the £1,495 product fee. Overall, the cut is enough to see it enter the Best Buys and the deal earns an Outstanding Moneyfacts product rating.”

Key product details:

• Rate: 3.91% fixed rate to 31.10.30
• Product fee: £1,495
• Maximum loan-to-value: 60%
• Available to: House purchase customers
• Incentives: Free valuation
• Flexible features: Allows overpayments
• Lending area: Great Britain, Northern Ireland. Online exclusive deal.

Halifax – Three-year fixed rate mortgage, 80% loan-to-value

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

“Halifax has refreshed its mortgage range with reductions across many of its fixed products. The three-year remortgage deal at 80% loan-to-value has seen a small 0.01% cut and is now priced at 4.38% until 30 November 2028. There is a reasonable £999 product fee which can be added to the advance, and this is also offset by its enticing incentive package which includes a free valuation and free legal fees, and on qualifying ‘Green’ properties borrowers could also receive £250 cashback. Despite the small cut in rate, it solidifies its position as a ‘Best Buy’ and the deal receives an Outstanding Moneyfacts product rating.”

Key product details:

• Rate: 4.38% fixed rate to 30.11.28
• Product fee: £999
• Maximum loan-to-value: 80%
• Available to: Remortgage customers
• Incentives: Free valuation and free legal fees. ‘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.

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

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

“Furness Building Society has reduced several deals in its mortgage range by up to 0.16% this week. One deal to see this cut is the two-year fixed rate at 90% loan-to-value which is now priced at 4.39%. Borrowers wishing to save on the upfront cost of their mortgage may find this an enticing deal as it charges a reasonable £999 product fee which is offset by its lucrative incentive package which includes a free valuation and £250 cashback. Overall, this deal secures an Outstanding Moneyfacts product rating.”

 Key product details:

• Rate: 4.39% fixed rate for two years
• Product fee: £999
• Maximum loan-to-value: 90%
• Available to: All borrowers
• Incentives: Free valuation and £250 cashback
• Flexible features: Allows overpayments
• Lending area: Great Britain.

HSBC – Two-year fixed rate mortgage, 95% loan-to-value

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

“Alongside extending end dates, HSBC has reduced most of its residential fixed rates. The five-year first-time buyer deal has seen a 0.10% cut and is now priced at 4.79% until 30 September 2030. Borrowers looking to save on the upfront cost of their deal may find this an enticing choice as it benefits from having no fee to pay and an attractive incentive package which includes a free valuation and £350 cashback. Overall, this product earns an Outstanding Moneyfacts product rating.”

 Key product details:

• Rate: 4.79% fixed rate to 30.9.30
• Product fee: None
• Maximum loan-to-value: 95%
• Available to: House purchase customers
• Incentives: Free valuation and £350 cashback
• Flexible features: Allows overpayments
• Lending area: Great Britain and Northern Ireland.

Buy-to-Let

Leeds BS – Five-year fixed rate mortgage, 60% loan-to-value

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

“Leeds BS has reduced a small selection of its buy-to-let fixed rates by up to 0.14%. One newly priced deal to see this cut is the five-year option at 60% loan-to-value for second-time buyers and remortgage customers. It is now priced at 4.09% and continues to charge a £999 product fee and includes a free valuation incentive for all borrower types. Those remortgaging will also receive help towards costs. Overall, the product earns an Outstanding Moneyfacts product rating.”

 Key product details:

• Rate: 4.09% fixed rate to 31.10.30
• Product fee: £999
• Maximum loan-to-value: 60%
• Available to: Second-time buyers and remortgage customers
• Incentives: Free valuation for all borrowers, and help towards costs for remortgage customers
• Flexible features: Allows overpayments
• Lending area: England, Wales, mainland Scotland and Northern Ireland.