Available up to 95% of property value, the loan enables borrowers to repay up to 10% of capital each year. There are no extended lock-ins and no Mortgage Indemnity Guarantee up to 90% loan-to-value. The completion fee is £399.
The society has also reduced the interest rate on its five-year fixed rate mortgage for the buy-to-let market from 6.15% to 5.44%.
