Family Building Society has launched a revamped range of reduced-price owner occupier interest-only and buy-to-let products.
The mutual has also reintroduced both a 60% and 80% LTV 3-year interest-only owner occupier discounted variable rate product available for purchase, remortgage, further advance and product switch.
The revised products are as follows:
All owner occupier Interest Only rates reduced by 15bps:
- Five-year fixed from 5.54%
- Two-year fixed from 6.14%
Limited Company fixed rates reduced by 20bps:
- Five-year fixed from 5.34%
- Two-year fixed from 5.84%
Expat fixed rates reduced by 10bps:
- Two-year fixed from 5.99%
Darren Deacon, Family Building Society’s head of intermediary sales, said: “These reductions will be welcome news for our intermediary partners who have clients seeking the stability of a fixed interest only product.
“Likewise, landlords will now benefit from a choice of significantly reduced limited company products as well as additional reductions for expat landlords, which further demonstrates our commitment to the buy-to-let market.”
