Moneyfacts reveals top products this week

Jake Carter

February 18, 2021

Moneyfacts has revealed the best of the latest products or rate changes available this week.

HSBC’s 85% LTV 2-year fix at 2.84% has been selected after it was reduced by 0.10%.

The product has no fees, includes a free valuation and free legals for remortgages.

Eleanor Williams, finance expert at Moneyfacts, said: “This week, HSBC made a number of amendments across its range.

“Coupled with the reduced rate, this deal also benefits from there being no fee to pay, and those hoping to keep any mortgage set-up costs to a minimum may be further pleased to note that there is also an incentive package available.

“On balance, this product achieves a place in our top rate tables and earns an Outstanding Moneyfacts product rating.”

The newly launched 80% LTV 2-year fix at 1.95% from Nottingham Building Society is also included.

This deal has no fees, a free valuation and is available to remortgage customers.

Eleanor Williams, said: “Nottingham Building Society launched a number of new products in its update this week.

“Offered via intermediaries, this option is priced at a competitive 1.95%.

“With no fee payable and a comprehensive incentive package of free valuation and free legal fees, this may be an attractive proposition for those looking to refinance their home while keeping any outlay to a minimum.

“This combination of features secures this product an Excellent Moneyfacts product rating.”

Furthermore, NatWest Intermediary Solutions’ 75% LTV 5-year fix at 1.63% was featured in Moneyfacts’ product list.

This offering has a £995 fee, free valuations and is available for purchases only.

Williams, said: “In addition to launching new products for those remortgaging at 90% loan-to-value, NatWest Intermediary Solutions has made selected rate reductions to some of its fixed rate products as well.

“Receiving a cut of 0.23%, the 75% loan-to-value 5-year fixed rate option is now priced at 1.63%.

“Available via intermediaries, the rate cut sees this become one of the lowest available in this sector of the market.

“Overall the deal receives an Outstanding Moneyfacts product rating.”

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