Chorley Building Society has expanded its Credit Renew mortgage range with the addition of four new fixed rate products, doubling the size of the offering from four to eight.
The new deals include two Credit Renew 1 products at 60% and 90% loan-to-value (LTV), and two Credit Renew 2 products at 60% and 70% LTV.
All are fixed until 31st October 2027, with initial rates ranging from 5.89% to 6.29%.
Liz Pearson (9pictured), head of operations at Chorley Building Society, said: “We’re really pleased to be able to introduce fixed rate mortgage products into our Credit Renew range.
“We received broker feedback that clients, who are eligible for these specialist lending types, are often looking for a fixed rate to support them with managing their budget and rebuilding their credit profile, and so we’ve worked hard with our product team to introduce these four new products into our range.”
The Credit Renew products are designed to support borrowers who are rebuilding their credit, and the fixed rate additions follow the launch of other new propositions including professional mortgages and buy-to-let mortgages.
