"This latest set of significant reductions reinforces our commitment to the intermediary market."
- Keith Barber, director of business development at Family BS
Family Building Society has reduced rates across its residential and buy-to-let mortgage ranges by up to 65bps.
Two-year residential products for interest-only and capital repayment have reduced by 60bps and core five-year fixed rates (including the Family Mortgage) are down by 55bps.
In addition, joint borrower sole proprietor fixed rates have been reduced by at least 60bps.
Repayment two-year fixed rates now start from 5.14% and five-year rates from 4.59%.
Interest only two-year rates now start from 5.79% and five-year rates from 5.19%.
In the Society's buy-to-let range, fixed rates have decreased by 60bps and now start from 4.99%.
Keith Barber, director of business development at Family Building Society, commented: “This latest set of significant reductions reinforces our commitment to the intermediary market. This new range of products and our manual underwriting expertise means there is a real alternative to high street for the underserved borrower.”
