Family BS cuts residential and BTL fixed rates

Published on

The Family Building Society has unveiled a new range of reduced price mortgage products.

Two-year owner occupier products for interest only and capital repayment have been reduced by 50bps and five-year products have been reduced by 40bps.

Repayment two-year fixed rates now start from 5.74% and five year from 5.14%.

Meanwhile, interest-only two-year rates now start from 6.39% and 5.79% for five-year deals.

Five-year buy-to-let fixed rates have been reduced by 55bps and now start from 5.59%.

In addition, the buy-to-let range also sees the introduction of a new two-year fixed rate option for UK landlords, Limited Company Special Purpose Vehicles and Expats, with rates now from 6.09%.

Keith Barber, Family BS’s director of business development, said: “These significant reductions across our owner occupier and buy-to-let range will go some way to help older borrowers and landlords struggling with affordability and who need the flexibility and common-sense underwriting for which we are widely known.”

The Society has also announced the withdrawal of all discounted variable rates with the exception of offset, JBSP and expat products.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Wales and North East top BTL yield table as returns edge higher

Gross buy-to-let rental yields rose modestly in the first quarter, with Wales and the...

Buy-to-let lending rises on remortgage surge as purchase demand remains subdued

Buy-to-let lending increased sharply at the end of 2025, driven by remortgaging activity, while...

Paradigm hires Nick Delawa as business development director for London and South east

Paradigm Mortgage Services has appointed Nick Delawa as business development director, with responsibility for...

Fleet Mortgages cuts two-year fixed rates across key BTL ranges

Fleet Mortgages has cut pricing by 20 basis points on its 75% LTV two-year...

RAW Capital Partners says new UK mortgage range made strong start in Q1

RAW Capital Partners said its UK mortgage proposition generated a third of new business...

Latest publication

Other news

Wales and North East top BTL yield table as returns edge higher

Gross buy-to-let rental yields rose modestly in the first quarter, with Wales and the...

Buy-to-let lending rises on remortgage surge as purchase demand remains subdued

Buy-to-let lending increased sharply at the end of 2025, driven by remortgaging activity, while...

Paradigm hires Nick Delawa as business development director for London and South east

Paradigm Mortgage Services has appointed Nick Delawa as business development director, with responsibility for...