New Range of 2 Year Discount Mortgage Products Launched

20 July 2015

The Society has launched a new range of two year discount house purchase and remortgage products.

The new house purchase product range offers competitive interest rates and up to 95% loan to value (LTV) in the Society’s local geographical area*.

The Society offers a two year discount house purchase mortgage at 1.65%, with a maximum LTV of 80%. The product is available for house purchase throughout England and Wales, with an £845 product fee which can be added to the loan.

The new range also includes a two year discount house purchase mortgage at 3.75% with a maximum LTV of 95%, available in the Society’s local geographical area (defined as postcode areas: NP, CF, SA, LD, WR, GL, HR and BS), which is ideal for first-time buyers.

For those customers looking to switch their mortgage from another lender, the Society has launched a number of two year discount remortgage products, including a two year discount rate at 1.90% with an 80% LTV available throughout England and Wales with an £845 product fee; and a two year fixed rate at 2.75% with a 90% LTV available in the Society’s local area only*, with no product fee, no valuation fee and free legal fees via a Monmouthshire Building Society nominated Solicitor.

Further information about the product range including full terms and conditions, can be found here.

Your home may be repossessed if you do not keep up repayments on your mortgage. Think carefully before securing other debts against your home.

Geographic Restrictions

* The Society's local geographical area is defined as postcode areas: NP, CF, SA, LD, WR, GL, HR and BS. See individual product information for full terms and conditions.

Eligibility

Loans available to persons aged 18 or over and are subject to status and valuation of a suitable property, over which security will be required. All lending will be subject to appraisal of the financial standing of the applicants.

« back to list

 
 


Privacy & Cookies

We use cookies on this website to help make your experience of this website better. In compliance with changes to EU cookie legislation, and to control and remove cookies, please view our Privacy & Cookie policy. Please note, by continuing on this site you are agreeing for cookies to be placed on your computer.

I accept

This notice should only appear the first time you visit the site.