Savings
Monument Bank – 12 Month Fixed Term Deposit
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Monument Bank has increased the rate on its 12 Month Fixed Term Deposit. The account now pays 4.47%, which takes the market-leading position when compared against its peers. Savers looking for a guaranteed return may find this appealing; however, they must be comfortable with the fixed term as earlier access is not permitted. Investors will need to deposit at least £25,000 but further additions are permitted for 14 days from the account opening via a nominated account. This account earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.47% gross / 4.47% AER payable on maturity
- Notice / term: 12 months
- Minimum opening amount: £25,000
- Maximum investment amount: £2 million
- Access: Not permitted
- Further additions: Permitted for 14 days from account opening via a nominated account
- Opening account: Via its mobile app
- Managing account: Via its mobile app
- Other information: Minimum applicant age 18.
Mortgages
Nationwide Building Society – Five-year fixed rate mortgage, 85% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Nationwide Building Society has reduced most of its fixed rate offerings, by up to 0.25%. One deal to benefit from a slightly smaller cut is the five-year offer at 85% loan-to-value, which is now priced at 4.20%. Second-time buyers looking to keep costs low will be pleased to note there is no fee to pay and there is also a free valuation incentive. Also, buyers with qualifying ‘green’ homes could even earn up to £500 cashback. Overall, this product becomes a Moneyfacts Best Buy and earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.20% fixed rate for five years
- Product fee: None
- Maximum loan-to-value: 85%
- Available to: Second-time buyers
- Incentives: Free valuation. £250 Green Reward for properties with an EPC score of 86 to 91, or £500 Green Reward for properties with an EPC score of 92+.
- Flexible features: Allows overpayments. Underpayments considered subject to approval and overpayments having been made
- Lending area: Great Britain and Northern Ireland (excluding Scilly Isles).
Buy-to-let
Leeds BS – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“As well as extending selected end dates, Leeds BS has reduced a small selection of its buy-to-let fixed rates by up to 0.20%. One deal to see a slightly smaller 0.11% cut is the two-year fixed rate deal at 60% loan-to-value and is now priced at 4.03% until 29 February 2028. It continues to charge a £999 product fee and includes a free valuation incentive. Those remortgaging will also receive help towards costs. The reduction in rate plus its incentive package earns this deal an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.03% fixed rate to 29.2.28
- 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.
Savings
Monument Bank – 12 Month Fixed Term Deposit
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Monument Bank has increased the rate on its 12 Month Fixed Term Deposit. The account now pays 4.47%, which takes the market-leading position when compared against its peers. Savers looking for a guaranteed return may find this appealing; however, they must be comfortable with the fixed term as earlier access is not permitted. Investors will need to deposit at least £25,000 but further additions are permitted for 14 days from the account opening via a nominated account. This account earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.47% gross / 4.47% AER payable on maturity
- Notice / term: 12 months
- Minimum opening amount: £25,000
- Maximum investment amount: £2 million
- Access: Not permitted
- Further additions: Permitted for 14 days from account opening via a nominated account
- Opening account: Via its mobile app
- Managing account: Via its mobile app
- Other information: Minimum applicant age 18.
Mortgages
Nationwide Building Society – Five-year fixed rate mortgage, 85% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Nationwide Building Society has reduced most of its fixed rate offerings, by up to 0.25%. One deal to benefit from a slightly smaller cut is the five-year offer at 85% loan-to-value, which is now priced at 4.20%. Second-time buyers looking to keep costs low will be pleased to note there is no fee to pay and there is also a free valuation incentive. Also, buyers with qualifying ‘green’ homes could even earn up to £500 cashback. Overall, this product becomes a Moneyfacts Best Buy and earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.20% fixed rate for five years
- Product fee: None
- Maximum loan-to-value: 85%
- Available to: Second-time buyers
- Incentives: Free valuation. £250 Green Reward for properties with an EPC score of 86 to 91, or £500 Green Reward for properties with an EPC score of 92+.
- Flexible features: Allows overpayments. Underpayments considered subject to approval and overpayments having been made
- Lending area: Great Britain and Northern Ireland (excluding Scilly Isles).
Buy-to-let
Leeds BS – Two-year fixed rate mortgage, 60% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“As well as extending selected end dates, Leeds BS has reduced a small selection of its buy-to-let fixed rates by up to 0.20%. One deal to see a slightly smaller 0.11% cut is the two-year fixed rate deal at 60% loan-to-value and is now priced at 4.03% until 29 February 2028. It continues to charge a £999 product fee and includes a free valuation incentive. Those remortgaging will also receive help towards costs. The reduction in rate plus its incentive package earns this deal an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.03% fixed rate to 29.2.28
- 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.
