Leeds Building Society has reviewed its one-year fixed-rate Isa, which now pays 1.65% on maturity. Savers can invest from £100. Additions are permitted until the end of March, and early access is allowed, subject to 60 days’ loss of interest. Transfers in from cash and stocks & shares Isas are accepted. This deal is for savers aged 16 and over and can be operated in branch and by post.
It’s good because: The interest rate is highly competitive, and there is the flexibility of early access to funds.
Post Office Money has reviewed its easy-access Online Saver Issue 18, which now pays 1.3% a year (including a 0.65% bonus for 12 months). Savers can invest between £1 and £2m. Further additions and unlimited withdrawals are permitted without notice. This deal is for savers aged 18 and over and must be operated online.
It’s good because: Investors looking for easy access to funds might be interested in this account, which is in the best-buys.
Norwich and Peterborough Building Society has reduced the rate on its two-year fixed mortgage, which is now priced at 3.68%. This deal is for house-purchase customers only who borrow between £50,000 and £500,000 at 95% loan-to-value (LTV). There is a fee of £845, which can be added to the advance of the mortgage. There is the flexibility to make overpayments of up to 10%, make underpayments and take payment holidays.
It’s good because: Borrowers with small deposits might be attracted by this update, which comes with a great range of flexible repayment options.
Principality Building Society has amended its three-year fixed-rate mortgage, which is now priced at 2.30% until February 2019. This deal is for customers who borrow between £5,000 and £650,000 at 75% LTV. There is a low fee of £99. Incentives of free valuations for all borrowers and free legal fees for remortgage customers are available.
It’s good because: This is highly competitive and enters the best-buy tables. The low fee and good incentives could boost its popularity.
The Co-operative Bank has launched Everyday Rewards for new and existing current-account holders. Current-account customers will now receive £4 a month if eligible accounts are funded by £800 a month and four different direct debits are held. To receive the reward, current-account holders must ensure their account is kept in credit or within their agreed overdraft limit, and frequently log-in to online banking. Up to a further £1.50 extra a month can be earned via debit-card spending. All rewards will be paid into a nominated account each month or donated to charity.
It’s good because: This is a great perk for existing customers or anyone considering switching to a Co-op current account.