Family Building Society has launched an updated range of reduced-price owner-occupier repayment and interest-only mortgage products.
Details include the following:
Repayment:
- 2-year fixed rate now from 5.19%
- 5-year fixed rate now from 4.74%
Interest-only:
- 2-year fixed rate now from 5.69%
- 5-year fixed rate now from 5.24%
- 5-year Retirement Interest Only (RIO) now 5.54%
Buy-to-let – UK landlord:
- 2-year fixed rate now from 5.44%
- 5-year fixed rate now from 4.89% with no product fee
Buy-to-let – limited company:
- 2-year fixed rate now from 5.44%
- 5-year fixed rate now from 4.99%
Buy-to-let – expat:
- 2-year fixed rate now from 5.64%
Darren Deacon, head of intermediary sales at Family Building Society, said: “We’re very pleased to offer these rate reductions across a wide range of products. They will be particularly welcome I’m sure for those underserved older borrowers struggling to remortgage simply because of their age and who need a lender willing and able to spend the time understanding their needs.
“In addition, our commitment to the buy-to-let market is reflected in the removal of the product fee for our five-year UK landlord product in addition to rate reductions across our buy-to-let range.”
