If I were you, don't hesitate to buy a T695. I think deerfarmer has it about right. The 695 and T3 are great rifles, but the 695 has a slightly beefier action. The only other significant difference that might affect a few shooters is the contour and thickness of the pistol grip. The 695 has a "fatter" grip compared to the T3. If you have shorter fingers, you'll probably appreciate the somewhat thinner pistol grip of the T3.
Since the OP previously owned a Tikka, he will be well aware of the reputation these guns have for superior quality, reliability, and accuracy.