"After considering the feedback we’ve had from our intermediary panel, we’ve now got both a fixed and discounted option available in this lending segment."
With a rate of 2.99% and a £999 completion fee, the product joins the Society's two-year discounted variable rate at 2.45% with a similar fee structure. In both cases, the maximum LTV is 85% and the maximum loan is £750,000.
The minimum income of the applicant(s) must be £50,000 for sole applicants and £75,000 for joint.
Ashley Pearson, BDM at Loughborough BS, said: “I’m pleased to say that after considering the feedback we’ve had from our intermediary panel, we’ve now got both a fixed and discounted option available in this lending segment.”
