Family Building Society has refreshed its mortgage product range, reducing 5-year fixed owner occupier and UK landlord buy-to-let rates by up to 0.20%.
Furthermore, 5-year fixed limited company SPV rates have been cut by 0.30%, and expat buy-to-let 2-year discount rates have decreased by 0.25%.
Keith Barber, director of business development at Family Building Society, said: “This new set of mortgage products reflects the relative stability we now see across the mortgage market.
“These rate reductions will be especially welcomed by intermediaries looking to help underserved borrowers who may be coming to the end of their existing fixed term loans and looking to fix their repayments for the foreseeable future.”
The updated range includes reductions in interest-only and repayment rates, as well as changes to owner occupier discount rates and buy-to-let fixed rates.
Full details of all products, including the discounted range, are available on the Family Building Society website for intermediaries.
