The society has also increased its mortgage product range to include new fixed and capped rate mortgage products.
The mortgages are available for terms of three or five years. The three year capped rate mortgage pays interest at the rate of 5.45 per cent with the five-year paying 5.7 per cent. An arrangement fee of £295 is applicable.
The three-year fixed rate pays interest at 4.95 per cent, or 5.35 per cent over five-years. An arrangement fee of £295 applies to both deals, however, the valuation fee is refunded and no extended redemption penalties apply to any of the deals.
