New Range of 2 Year Fixed Rate Mortgage Products Available

6 September 2015

2 year fixed mortgages

The Society has launched a new range of two year fixed rate 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 fixed rate house purchase mortgage at 2.19%, 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 fixed rate house purchase mortgage at 4.75% with a maximum LTV of 95%, available in the Society’s local geographical area, covering postcode areas NP, CF, SA, LD, WR, GL, HR and BS, which is ideal for first-time buyers who wish to take their first step on to the property ladder. The product has no product fee, and free standard valuation, with a £150 administration fee.

For those customers looking to switch their mortgage from another lender, the Society has launched two 80% LTV fixed rate remortgage products. The first, a two year fixed rate at 2.58% has no product fee, free standard valuation fee, no administration fee and free legal fees**; while the other two year fixed rate remortgage product is set at 2.31% with an £845 product fee, free administration fee, free standard valuation fee and free legal fees.

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

Colin Strong, Head of Lending Procurement, commented: “The vast majority of our customers are seeking a fixed rate deal to tie themselves in to so they can budget and safeguard against any future interest rate rises. It’s understandable that, in this low interest market, our customers are the driving force behind our competitive mortgage product range.”

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.

Legal Fees

** You will not have to pay the usual legal fees if the Society’s appointed solicitors are used. Our solicitor acts for the Society only to ensure we have good legal claim over your property. (You will have to pay for any additional legal work that the solicitors do which is beyond the usual scope of a simple remortgage, for example, change of your name, transfers of equity, deeds of postponement, merger of freehold and leasehold).


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.

« 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.