MORTGAGE DEALS OF THE WEEK
This week’s best deals assessed by analysts at Moneyfacts.co.uk include:
PICK OF THE WEEK:
Halifax has reduced its fiveyear Help to Buy fixed rate, which is now priced at 4.39 per cent to November 30, 2021. This deal is for first-time buyers only who wish to borrow up to £570,000 at 95 per cent loan-to-value. A fee of £495 is payable, all of which can be added to the advance of the mortgage. An incentive package of £1,000 cashback is available and this deal has the flexibility of being able to make overpayments up to 10 per cent.
DISCOUNTED VARIABLE RATES
Furness BS (0800 220568) rate 1.40 per cent for two years; 80 per cent maximum loan-tovalue; fee £999; remortgages free valuation (max £335) and £150 towards legal fees; no redemption.
FIRST TIME BUYERS
Tesco Bank (0845 051 8446) rate 4.29 per cent to October 31, 2021; 95 per cent maximum loan-tovalue; no fee; redemption applies during fixed period.