Its 75% LTV residential purchase two-year fixed rate drops below 5%
Tipton & Coseley Building Society has announced rate cuts across its residential and buy-to-let product range.
For residential purchase mortgages, the updated rates include:
- 4.99% two-year fixed rate at 75% loan-to-value (LTV) with a £999 arrangement fee
- 5.40% two-year fixed rate at 90% LTV with a £999 arrangement fee
- 5.34% five-year fixed rate at 95% LTV with a £999 arrangement fee
- 5.57% shared ownership five-year fixed rate at 95% LTV with a £999 arrangement fee
In the buy-to-let expat mortgage ranges, the adjusted rates include:
- 5.64% buy-to-let expat purchase five-year fixed rate at 70% LTV with a £1,499 arrangement fee
- 5.84% buy-to-let expat purchase five-year fixed rate at 75% LTV with a £1,499 arrangement fee
- 5.74% buy-to-let expat remortgage five-year fixed rate at 70% LTV with a £1,499 arrangement fee
- 5.94% buy-to-let expat remortgage five-year fixed rate at 75% LTV with a £1,499 arrangement fee
“We have continued our support to borrowers, new and existing, with cuts to our residential and buy-to-let expat fixed rate product range,” Jason Newsway (pictured), director of sales and marketing at the Tipton & Coseley Building Society, said. “We’ll work to offer competitive product rates during the course of the year as market conditions improve and the Bank of England lowers interest rates.”
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