Society Launches New 2 Year Fixed Rate Mortgage Products

15 February 2016

new mortgage couple in home

The Society has launched new two year fixed rate house purchase products to complement our existing range.

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 new range includes a two year fixed rate house purchase product at 2.04% which is available with a maximum LTV of 80% to borrowers throughout England and Wales. The product comes with an £845 product fee which can be added to the loan and a £150 application fee.

The Society's two year fixed rate house purchase mortgage at 4.25% with a maximum LTV of 95% in the Society’s local geographical area is ideal for first-time buyers and other home movers who may be finding it difficult to save up for a larger deposit. This mortgage product has no product fee and also benefits from £500 cashback which is payable within one month of completion of the mortgage. There is a £150 application fee.

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

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.

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

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