Family Building Society has launched a refreshed range of fixed rate products spanning owner-occupier and buy-to-let lending, alongside updates to its variable rate offering.
The new range includes an expanded selection of five-year fixed rate products and covers the Society’s core lending segments.
For owner-occupiers, this includes Core, JBSP, Family Mortgage and retirement interest-only products. Within buy-to-let, the range extends across UK landlord, limited company, expat, expat limited company and HMO borrowing.
INTEREST-ONLY
Alongside the fixed rate launch, the Society has repriced its variable discounted interest-only products. It has also introduced new variable discounted rate options for existing repayment and buy-to-let borrowers, available for both product switches and further advances.
Darren Deacon, head of intermediary sales, said: “We understand the acute frustration that intermediaries face in trying to source mortgages for their clients in the face of volatile swap rates and product availability.
“This new, expanded product range is designed to provide increased choice for a wide range borrowers and intermediaries alike who are faced with continually changing marketplace.”
The move reflects ongoing market volatility, with lenders continuing to adjust pricing and product availability in response to shifting funding costs.
By broadening its fixed rate offering while maintaining flexibility through variable options, Family Building Society is seeking to provide brokers with greater scope to place cases across a range of borrower profiles.
