Family Building Society has launched a new range of two-year fixed rate mortgage products.

It has also reduced all owner-occupier and buy-to-let fixed rate products.

The changes are as follows:

Owner Occupier – new two-year fixed rate products:

• Core range repayment products now start from 6.24%
• Joint Mortgage Sole Owner repayment products now start from 6.44%
• Core range Interest-Only products now start from 6.89%

Owner Occupier – all five-year fixed rate products have been reduced:

• Core range repayment products now start from 5.54%
• Joint Mortgage Sole Owner repayment products now start from 5.74%
• Family Mortgage now at 5.79%
• Core range Interest-Only products now start from 6.19%
• Retirement Interest-Only (RIO) reduced to 6.49%

buy-to-let – all five-year fixed rate products have been reduced:

• UK Landlords: five-year fixed rates now start from 6.14%
• Limited Company SPVs: five-year fixed rates now start from 6.14%
• Expat rates now starting at 6.59%.

Keith Barber, director of business development at Family Building Society, said: “We’re pleased to announce the reintroduction of our two-year fixed rate products and a rate reduction across all our five-year fixed rate products.

“These rate reductions will be especially welcomed by intermediaries looking to help underserved borrowers who may be coming to the end of their existing fixed term loans and looking to fix their repayments for the foreseeable future.”