Check out this week’s best new financial deals

Savings

Kent Reliance has increased the rate on its 60-day notice deal, which now pays 1.6% a year. Savers can invest between £1,000 and £1m. Withdrawals are permitted, subject to 60 days’ notice, and additions can be made at anytime. This account can be operated in branch, by post and online.

It’s good because: This is highly competitive and sits comfortably within the top 10 of the market. It is a good choice for those who are looking for a straightforward savings account.

 

Julian Hodge Bank has increased the rate on its one-year fixed rate-cash Isa, which now pays 1.8% a year on a minimum investment of £5,000. Additions are not permitted but early access is allowed, subject to closure of the account and a penalty. Transfers in from both cash and stocks & shares Isas are accepted. This deal is for savers aged 16 and over and can be operated in branch, by phone or by post.

It’s good because: This one-year fixed rate shoots straight into the Moneyfacts.co.uk best buys.

 

Mortgages

West Bromwich Building Society has amended its three-year fixed-rate deal, which is now priced at 2.19% until November 2018. This deal is for first and second-time buyers only, who borrow between £40,000 and £750,000 at 80% loan-to-value (LTV). There is a fee of £999, all of which can be added to the mortgage advance. A free valuation (worth up to £445) is available and there is the flexibility to make overpayments.

It’s good because: This sits comfortably among the top five deals in its sector, and has a reasonable fee and a good incentives package.

 

Loughborough Building Society has launched a new two-year fixed-rate mortgage, priced at 2.49%. This deal is for applicants who borrow between £25,000 and £350,000 at 90% LTV. There is a fee of £599, of which £100 is payable upfront. There is the flexibility of being able to make overpayments of up to 10% of the outstanding balance.

It’s good because: Borrowers with modest deposits might like this product launch.

 

Credit cards

Clydesdale Bank and Yorkshire Bank have lengthened the introductory deal on their Gold Mastercard, which now has a 26-month interest-free term for purchases. Purchases after the initial deal expires will then be charged at 18.9%. A 12-month interest-free balance-transfer term is also available (with a fee of 3%).

It’s good because: This is a great choice for those planning large purchases and who are looking for some extra breathing space.