The new house purchase product range is suitable for first-time buyers and other home buyers, offering competitive interest rates and up to 95% LTV in the Society’s local area only.
The Society offers a four year fixed rate house purchase mortgage at 3.25%, with a maximum LTV of 75%. The product is available for house purchase across England and Wales, with a £995 product fee which can be added to the loan.
The range of new products also includes a 95% LTV four year fixed rate mortgage at 5.35%, with no product fee which is ideal for first-time buyers who may be finding it difficult to save up for a larger deposit.
For customers looking to switch their mortgage from another lender, the Society has also launched a range of competitive four year fixed rate remortgage products, up to 90% LTV, and all with no product fees, free standard valuation and free legal fees. The product range includes a four year fixed rate at 3.55% with a 75% LTV available throughout England and Wales, and a 90% LTV product with a four year fixed rate of 4.85% available in the Society’s local area only.
Andrew Lewis, Chief Executive, commented:
“The introduction of yet another extensive range of competitive fixed rate products demonstrates that we will continue to fulfil our pledge to support both local and national mortgage customers to achieve their dream of home ownership.”
