Savings
RCI Bank UK – 95 Day Notice Savings Account
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week RCI Bank UK has reduced the rates on its 95 Day Notice Savings Account. It now pays 4.50% AER on its anniversary, and there is a monthly interest option available to those looking for a small income boost. Despite the reduction, it maintains a prominent position in both the monthly interest and notice sectors. Savers will need to invest at least £1,000 to receive the headline rate. Although withdrawals are permitted, as is the case with many notice accounts, consumers need to give the full 95 days’ notice to access their cash but, in more positive news, further additions are permitted at any time via a nominated account. On assessment, this account earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.50% gross / 4.50% AER payable on anniversary, monthly interest option of 4.41% gross / 4.50% AER
- Notice / term: 95 days
- Minimum opening amount: £1,000
- Maximum investment amount: £1 million
- Access: Permitted, subject to 95 days’ notice
- Further additions: Permitted via a nominated account
- Opening account: Online
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18. Joint account option available.
Vida Savings – 1 Year Fixed Rate ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week Vida Savings has increased the rate on its 1 Year Fixed Rate ISA, which sees it take the market-leading position when compared to its peers. As well as offering 4.31% AER on its anniversary there is also a monthly interest option available. The account can be opened with as little as £100 and further additions are permitted for 21 days from the account opening via a nominated account. Although earlier access is permitted savers should consider any withdrawals carefully as they are subject to a 90-day loss of interest penalty. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.31% gross / 4.31% AER, payable on its anniversary / monthly interest option of 4.23% gross / 4.31% AER also available
- Notice / term: One year
- Minimum opening amount: £100
- Maximum investment amount: £85,000
- Access: Permitted, subject to 90-day loss of interest via a nominated account.
- Further additions: Permitted for 21 days from account opening via nominated account
- Transfers in: Permitted, accepts Cash and Stocks and Shares ISAs
- Transfers out: Permitted, subject to 90-day loss of interest via a nominated account.
- Opening account: Online
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18. Investors can choose to split their Cash ISA savings across multiple ISAs within Vida Savings’ range.
Mortgages
Santander – Two-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Santander has made a variety of changes across its residential product offerings, including rate amendments and incentive changes. The two-year fixed rate at 75% loan-to-value has seen a small 0.04% cut and is now priced at 3.86% until December 2027. The deal has a £999 fee attached but working in its favour is a free valuation and a new £250 cashback incentive. The combination of these features earns this product a spot in the Moneyfacts Best Buys and an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 3.86% fixed rate to 2.12.27
- Product fee: £999
- Maximum loan-to-value: 75%
- Available to: Second-time buyers
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
TSB – Three-year fixed rate mortgage, 85% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“In its latest update, TSB has reduced a small selection of its three-year fixed rates by up to 0.10%. One deal to see this cut is the 4.29% offering which is now priced at 4.19% until September 2028. The deal is for house purchase customers looking to make a 15% deposit. Although there is a £995 fee attached this is offset by its free valuation incentive. Adding to its appeal, borrowers can make overpayments and take payment holidays after one year and subject to approval. Overall, the deal earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.19% fixed rate to 30.09.28
- Product fee: £995
- Maximum loan-to-value: 85%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments. Also payment holidays after one year, which are subject to approval
- Lending area: Great Britain.
Buy-to-Let
Coventry Building Society – Two-year fixed rate mortgage, 65% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week Coventry Building Society has reduced its fixed rates for landlords by as much as 0.38%. One deal to see a slightly smaller 0.12% cut is the two-year option at 65% loan-to-value and is now priced at 3.90% until February 2028. Landlords will note that the deal carries a larger arrangement fee of £1,999 but it is partially offset by a free valuation incentive. Landlords can make overpayments, which could add to its appeal. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 3.90% fixed rate to 29.02.28
- Product fee: £1,999
- Maximum loan-to-value: 65%
- Available to: Second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain.
Savings
RCI Bank UK – 95 Day Notice Savings Account
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week RCI Bank UK has reduced the rates on its 95 Day Notice Savings Account. It now pays 4.50% AER on its anniversary, and there is a monthly interest option available to those looking for a small income boost. Despite the reduction, it maintains a prominent position in both the monthly interest and notice sectors. Savers will need to invest at least £1,000 to receive the headline rate. Although withdrawals are permitted, as is the case with many notice accounts, consumers need to give the full 95 days’ notice to access their cash but, in more positive news, further additions are permitted at any time via a nominated account. On assessment, this account earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.50% gross / 4.50% AER payable on anniversary, monthly interest option of 4.41% gross / 4.50% AER
- Notice / term: 95 days
- Minimum opening amount: £1,000
- Maximum investment amount: £1 million
- Access: Permitted, subject to 95 days’ notice
- Further additions: Permitted via a nominated account
- Opening account: Online
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18. Joint account option available.
Vida Savings – 1 Year Fixed Rate ISA
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week Vida Savings has increased the rate on its 1 Year Fixed Rate ISA, which sees it take the market-leading position when compared to its peers. As well as offering 4.31% AER on its anniversary there is also a monthly interest option available. The account can be opened with as little as £100 and further additions are permitted for 21 days from the account opening via a nominated account. Although earlier access is permitted savers should consider any withdrawals carefully as they are subject to a 90-day loss of interest penalty. Overall, the deal earns an Excellent Moneyfacts product rating.”
Key product details:
- Rate: 4.31% gross / 4.31% AER, payable on its anniversary / monthly interest option of 4.23% gross / 4.31% AER also available
- Notice / term: One year
- Minimum opening amount: £100
- Maximum investment amount: £85,000
- Access: Permitted, subject to 90-day loss of interest via a nominated account.
- Further additions: Permitted for 21 days from account opening via nominated account
- Transfers in: Permitted, accepts Cash and Stocks and Shares ISAs
- Transfers out: Permitted, subject to 90-day loss of interest via a nominated account.
- Opening account: Online
- Managing account: Online and via its mobile app
- Other information: Minimum applicant age 18. Investors can choose to split their Cash ISA savings across multiple ISAs within Vida Savings’ range.
Mortgages
Santander – Two-year fixed rate mortgage, 75% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“Santander has made a variety of changes across its residential product offerings, including rate amendments and incentive changes. The two-year fixed rate at 75% loan-to-value has seen a small 0.04% cut and is now priced at 3.86% until December 2027. The deal has a £999 fee attached but working in its favour is a free valuation and a new £250 cashback incentive. The combination of these features earns this product a spot in the Moneyfacts Best Buys and an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 3.86% fixed rate to 2.12.27
- Product fee: £999
- Maximum loan-to-value: 75%
- Available to: Second-time buyers
- Incentives: Free valuation and £250 cashback
- Flexible features: Allows overpayments
- Lending area: Great Britain and Northern Ireland.
TSB – Three-year fixed rate mortgage, 85% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“In its latest update, TSB has reduced a small selection of its three-year fixed rates by up to 0.10%. One deal to see this cut is the 4.29% offering which is now priced at 4.19% until September 2028. The deal is for house purchase customers looking to make a 15% deposit. Although there is a £995 fee attached this is offset by its free valuation incentive. Adding to its appeal, borrowers can make overpayments and take payment holidays after one year and subject to approval. Overall, the deal earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 4.19% fixed rate to 30.09.28
- Product fee: £995
- Maximum loan-to-value: 85%
- Available to: House purchase customers
- Incentives: Free valuation
- Flexible features: Allows overpayments. Also payment holidays after one year, which are subject to approval
- Lending area: Great Britain.
Buy-to-Let
Coventry Building Society – Two-year fixed rate mortgage, 65% loan-to-value
Commenting on the deal, Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, said:
“This week Coventry Building Society has reduced its fixed rates for landlords by as much as 0.38%. One deal to see a slightly smaller 0.12% cut is the two-year option at 65% loan-to-value and is now priced at 3.90% until February 2028. Landlords will note that the deal carries a larger arrangement fee of £1,999 but it is partially offset by a free valuation incentive. Landlords can make overpayments, which could add to its appeal. Overall, this product earns an Outstanding Moneyfacts product rating.”
Key product details:
- Rate: 3.90% fixed rate to 29.02.28
- Product fee: £1,999
- Maximum loan-to-value: 65%
- Available to: Second-time buyers
- Incentives: Free valuation
- Flexible features: Allows overpayments
- Lending area: Great Britain.
