The new rage offers products up to 95% LTV in the Society’s local geographical area.
The Welsh building society offers a two year fixed rate house purchase mortgage at 1.91%, with a maximum LTV of 80%. The product is available for house purchase throughout England and Wales, with free standard valuation and an £845 product fee which can be added to the loan.
The new range also includes a two year fixed rate house purchase mortgage at 3.85% with a maximum LTV of 95% with no product fee and free standard valuation.
The Society has launched two fixed rate remortgage products, which includes a two year fixed rate at 2.03%. This is available at 80% LTV throughout England and Wales with an £845 product fee. A two year fixed rate at 2.30% is also available again at 80% LTV, but with no product fee. Both of these products benefit from free legal fees via a Monmouthshire Building Society nominated Solicitor and no valuation fee.
Colin Strong, Head of Lending Procurement, commented:
“This new product launch comes at an exciting time in the mortgage market, and I’m confident that this new raft of competitive mortgage products will be a hit with customers. Our personable and flexible approach to mortgage lending, coupled with a range of competitive products, make the Society an ideal company to do business with at every step of the mortgage journey.”
