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 60bps and core five-year fixed rates (including the Family Mortgage) by 55bps.

In addition, JBSP fixed rates have been reduced by at least 60bps.

Details are as follows:

• Repayment two-year fixed rates now start from 5.14% and five year from 4.59%
• Interest-only two-year rates now start from 5.79%
• Interest-only five-year rates now start from 5.19%
• Five-year buy-to-let fixed rates have been reduced by 60bps and now start from 4.99%.

Keith Barber, director of business development, said: “This latest set of significant reductions reinforces our commitment to the intermediary market.

“This new range of products and our manual underwriting expertise means there is a real alternative to high street for the underserved borrower.”