Family Building Society has launched a new range of reduced-price owner-occupier repayment and interest-only mortgage products.
The changes are as follows:
Repayment:
Core 2 Year and 5 Year Fixed Rate Repayment products have been reduced by 0.10%.
- Five-year fixed from 4.79%
- Two-year fixed from 5.34%
Interest-only:
Core 2 Year and 5 Year Fixed Rate Interest-Only products have been reduced by 0.20%.
- Five-year fixed from 5.34%
- Two-year fixed from 5.94%
Darren Deacon, Family BS’s head of intermediary sales, said: “As interest rates continue their downward trajectory, helped by [August’s] Bank of England Bank Rate announcement, these reductions will bring further relief to hard pressed borrowers looking for the certainty of a fixed rate deal.”
