Monmouthshire Building Society has today, 11th July, cut rates on its remortgage products by up to 0.16%.
The Newport-based mutual has reduced interest rates across six remortgage deals, with the lowest new lending rate now at 3.99%.
The changes include a 2-year fixed rate residential remortgage at 75% loan to value (LTV) at 3.99%, and 80% LTV at 4.15%.
The 2-year fixed rate residential remortgage at 90% LTV has dropped by 0.10% to 4.35%.
For 5-year fixed deals, the 75% LTV remortgage is now 4.05%, 80% LTV is 4.25%, and 90% LTV is 4.30%.
Chris Jeanes, senior product manager at Monmouthshire Building Society, said: “We’re committed to supporting remortgage customers — particularly those experiencing rate shock as they come off existing deals into a higher-rate market.
“These products reflect our dedication to offering good-value solutions when they’re needed most.
“In addition, we offer income boosts up to 5.5 times for professionals, and full consideration of overtime, bonuses, and commissions.”
Jeanes added: “We aim to take a holistic view of each customer’s situation while delivering the best possible service.”
