Chorley Building Society has introduced two new buy-to-let fixed-rate remortgages and a later life fixed-rate remortgage in response to growing demand from brokers.
The new 60% LTV buy-to-let remortgages are available as 2-year and 5-year fixed options, both featuring a £500 cashback.
The 5-year fixed rate is set at 4.49% until 30th September 2030, while the 2-year fixed rate is 4.79% until 31st January 2028.
Shane Dye, senior business development manager at Chorley Building Society, said: “During my broker meetings, it was becoming very clear that a fixed rate BTL remortgage product was needed to support brokers and their clients.
“We are delighted that we can introduce these two products to provide brokers with term-length options.”
The Society has also added a later life 5-year fixed-rate remortgage to its portfolio, designed to complement its existing large loan and discount options.
The new product offers a 4.69% rate up to 60% LTV, fixed until 30th September 2030, and includes a £203.24 + VAT legal fee contribution.
Dye added: “We already offer a number of later life products, including large loan and discount options.
“Adding a fixed rate remortgage to our range provides the broker with a variety of solutions for a later life client.”
