Savings
Marcus by Goldman Sachs® – 1 Year Fixed Rate Saver
Commenting on the deal, Adam French, Head of News at Moneyfactscompare.co.uk, said:
“Marcus by Goldman Sachs® has increased the rate on its 1 Year Fixed Rate Saver this week and now pays 4.55%. The rise sees it take a position as a market-leader. Savers looking for a guaranteed return in the short-term may find this an appealing option. Earlier access is permitted on account closure and is subject to the loss of 90 days’ interest. Any additional deposits must be made within 14 days of opening the account. On assessment, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.55% gross / 4.55% payable on maturity
- Notice / term: One year
- Minimum opening amount: None
- Maximum investment amount: £250,000
- Access: Permitted, on account closure and subject to loss of 90 days’ interest if account is closed after 90 days. If closed within the first 90 days fee equals the interest accrued.
- Further additions: Permitted, for 14 days from account opening via nominated account.
- Opening account: Via website or its mobile app
- Managing account: Via telephone, website or its mobile app
- Other information: Minimum applicant age 18. Initial deposit must be made within 14 days of account opening, or account will automatically close. Must have a UK mobile phone number to apply.
Mortgages
Santander – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Adam French, Head of News at Moneyfactscompare.co.uk, said:
“This week, Santander has made changes across most of its residential mortgage range. The two-year fixed rate option for second-time buyers is now priced at 3.82%. The deal is available at 60% loan-to-value and customers will note that while there is a £999 product fee, they can benefit from a free valuation incentive, plus £250 cashback. Overall, the deal earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 3.82% fixed rate to 2.2.28
- Product fee: £999
- Maximum loan-to-value: 60%
- Available to: Second-time buyers
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Buy-to-Let
HSBC– Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Adam French, Head of News at Moneyfactscompare.co.uk, said:
“This week, HSBC has made changes across most of its range for landlords. The two-year fixed rate option for second-time buyers is now priced at 4.34%. The deal is available at 60% loan-to-value and landlords will note there are no product fees and a free valuation incentive. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 34% fixed rate to 30.11.27
- Product fee: None
- Maximum loan-to-value: 60%
- Available to: Second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Loans
M&S Bank – Unsecured Personal Loan
Commenting on the deal, Adam French, Head of News at Moneyfactscompare.co.uk, said:
“This week M&S Bank has introduced a competitive new personal loan tier allowing customers to borrow £25,001 to £30,000 at 6.9% APR over a term of one to seven years. Adding to its appeal, the loan allows overpayments to be made without an early repayment charge. Overall, the product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Representative APR: 5.8%
- 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 18. Minimum Applicant Income £10,000 per year. You may be offered an alternative APR dependent on credit rating.
Savings
Marcus by Goldman Sachs® – 1 Year Fixed Rate Saver
Commenting on the deal, Adam French, Head of News at Moneyfactscompare.co.uk, said:
“Marcus by Goldman Sachs® has increased the rate on its 1 Year Fixed Rate Saver this week and now pays 4.55%. The rise sees it take a position as a market-leader. Savers looking for a guaranteed return in the short-term may find this an appealing option. Earlier access is permitted on account closure and is subject to the loss of 90 days’ interest. Any additional deposits must be made within 14 days of opening the account. On assessment, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.55% gross / 4.55% payable on maturity
- Notice / term: One year
- Minimum opening amount: None
- Maximum investment amount: £250,000
- Access: Permitted, on account closure and subject to loss of 90 days’ interest if account is closed after 90 days. If closed within the first 90 days fee equals the interest accrued.
- Further additions: Permitted, for 14 days from account opening via nominated account.
- Opening account: Via website or its mobile app
- Managing account: Via telephone, website or its mobile app
- Other information: Minimum applicant age 18. Initial deposit must be made within 14 days of account opening, or account will automatically close. Must have a UK mobile phone number to apply.
Mortgages
Santander – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Adam French, Head of News at Moneyfactscompare.co.uk, said:
“This week, Santander has made changes across most of its residential mortgage range. The two-year fixed rate option for second-time buyers is now priced at 3.82%. The deal is available at 60% loan-to-value and customers will note that while there is a £999 product fee, they can benefit from a free valuation incentive, plus £250 cashback. Overall, the deal earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 3.82% fixed rate to 2.2.28
- Product fee: £999
- Maximum loan-to-value: 60%
- Available to: Second-time buyers
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Buy-to-Let
HSBC– Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Adam French, Head of News at Moneyfactscompare.co.uk, said:
“This week, HSBC has made changes across most of its range for landlords. The two-year fixed rate option for second-time buyers is now priced at 4.34%. The deal is available at 60% loan-to-value and landlords will note there are no product fees and a free valuation incentive. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 34% fixed rate to 30.11.27
- Product fee: None
- Maximum loan-to-value: 60%
- Available to: Second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
Loans
M&S Bank – Unsecured Personal Loan
Commenting on the deal, Adam French, Head of News at Moneyfactscompare.co.uk, said:
“This week M&S Bank has introduced a competitive new personal loan tier allowing customers to borrow £25,001 to £30,000 at 6.9% APR over a term of one to seven years. Adding to its appeal, the loan allows overpayments to be made without an early repayment charge. Overall, the product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Representative APR: 5.8%
- 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 18. Minimum Applicant Income £10,000 per year. You may be offered an alternative APR dependent on credit rating.
