Check out this week’s best new financial deals

 

Savings

Kent Reliance has reviewed its one-year fixed-rate Isa, which now pays 1.45%. Savers can invest from £1,000 and transfers in from other Isas are allowed. Early access is allowed, subject to 180 days’ loss of interest. This deal is for savers aged 16 and over and can be operated in branch, by post, by telephone and online.

It’s good because: This deal is highly competitive.

 

Paragon Bank has tweaked its three-year fixed-rate bond, which now pays 2.2%. Additions are permitted within five days of the account opening but early access to funds is not allowed. This deal is for savers aged 18 and over and must be operated online.

It’s good because: This sits within the top 10 of its sector and might prove to be a popular option for savers.

 

Mortgages

Leeds Building Society has reduced its three-year fixed-rate mortgage, which is now priced at 2.39% until June 2019. This deal is for all applicants who borrow up to £500,000 at 85% loan-to-value (LTV). There is an upfront fee of £199. There is a free valuation worth up to £999, and remortgage customers also receive help towards their costs. Overpayments of up to 10% of the outstanding balance are allowed, as well as lump-sum withdrawals.

It’s good because: Not only do borrowers enjoy a great rate but there is also a low fee and a fantastic incentives package.

 

Yorkshire Building Society has reduced the rate on its three-year fixed rate mortgage, which is now priced at 2.99% to 30.4.19. This deal is for all customers who borrow between £50,000 and £500,000 at 90% loan-to-value. There is no fee. All borrowers can enjoy a free valuation. House-purchase customers get a £250 rebate while there are free legal fees for those remortgaging. There is the flexibility of being able to make overpayments of up to 10% of the outstanding balance, make underpayments and take payment holidays.

It’s good because: Borrowers with modest deposits might be attracted to this update, which has no fee and a great incentives package.

 

Loans

Ikano Bank has reduced rates on selected tiers of its unsecured personal loans. Borrowing of between £7,500 and £15,000 over one to five years is now available at a rate of 3.4% APR. Customers must be at least 18 and have a minimum income of £10,000 a year. Applications can be made online.

It’s good because: This deal is highly competitive, making it an ideal choice for anyone looking for a cost-effective loan over the longer term.