Tag: Rachel Springall

Post Office Money cuts rates

Barclays has also reduced rates.

Santander has launched a 3-year fix at 95% LTV while TSB has introduced a 2-year fix at 85% LTV.

HSBC cuts rates

A key highlight includes seeing its 3-year fixed deal reduced by 0.15%.

Yorkshire Building Society’s 15-year fixed rate has a rate of 2.79% and is available at 65% LTV.

Available for remortgages at 2.01%, the deal comes with free valuation and free legal fees.

This product was launched on Friday 31 May.

The number of deals has also risen, giving more choice to prospective borrowers.

The product, marketed as a ‘Lend a Hand’ deal, is a 3-year fixed rate mortgage at 2.99%.

The average rate on a 10-year fixed mortgage has crept up from its record-low rate seen at the start of February, moneyfacts.co.uk found.

The mortgage includes a £995 product fee plus £250 cashback on completion.