Teachers BS launches new three-year fixes

Teachers Building Society has reduced fixed rates by up to 0.40% and launched new three-year fixed rates.

Related topics:  Mortgages
Rozi Jones
12th May 2017
calculator rates mortgage house

The reduced rates include a two-year fixed rate at 80% LTV, available from 2.39% for purchase and 2.61% for remortgage.

New three-year fixed rates are availabe from 2.59% up to 80% LTV.

All the mortgages have an £899 arrangement fee and £99 application fee; the remortgage has no arrangement fee and an application fee of £99.

Andy Yates, Business Development Manager at Teachers Building Society, said: “We are pleased to have made reductions to a range of our rates to reflect the current marketplace and provide borrowers with a range of mortgage options.

"Fixed rates meet the needs of many who seek the reassurance of fixed monthly payments and at Teachers we now have a good range of three year fixed rates for borrowers, as well as a teacher-special five-year fixed rate which we have also re-launched for teachers this year.”

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