The Tipton and Coseley unveils new five-year deal

Published on

The Tipton and Coseley Building Society has launched a five-year fixed rate mortgage product.  

The 2.49% fixed rate until 28 February 2023 is available up to 85% loan to value, up to a maximum loan amount of £450,000 and is accessible to borrowers throughout England and Wales.

It has a £999 arrangement fee.

Richard Groom (pictured), head of mortgage sales at the Tipton, said: “Fixed rate mortgages are ideal for borrowers who need the financial security and certainty of knowing exactly how much their monthly repayment will be.

“Not only does this make budgeting easier because customers are able to plan ahead, but also for the term of the fixed rate, they are exempt from any interest rate increases.”

Latest POLL

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

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Other news

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...