Family Building Society has launched a new range of reduced-price mortgage products, effective from today, Tuesday 23 January.
The society’s 2-year owner occupier products for interest only and capital repayment have been reduced by 0.60%, and core 5-year fixed rates (including the Family Mortgage) by 0.55%.
In addition, Joint Borrower Sole Proprietor (JBSP) fixed rates have been reduced by at least 0.60%.
Repayment 2-year fixed rates now start from 5.14% and 5-year from 4.59%.
The society’s interest only 2-year rates now start from 5.79%, and interest only 5-year rates now start from 5.19%.
Lastly, 5-year buy-to-let fixed rates have been reduced by 0.60% 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.”
