Ipswich Building Society revises range of two-year fixed-rate mortgage deals
- Credit: Archant
Ipswich Building Society has continued to expand its mortgage offer with a “refresh” of its range of two-year fixed-rate deals.
The society returned to active promotion in the mainstream residential mortgage market last year following a pause during 2015 as a result of new lending regulations and a major IT upgrade.
It also re-entered the buy-to-let market in March this year with two-year fixed-rate and discount deals and last month added three five-year fixed rate products, for the residential, buy-to-let and shared ownership markets.
Now it has tweaked its two-year fixed offers, including 95% and 90% loan-to-value (LTV) deals for residential buyers and a 75% LTV buy-to-let deal, alongside a two-year discount buy-to-let offer, also with a maximum 75% LTV.
Richard Norrington, chief executive at the Ipswich Building Society, said: “Having recently rolled out options for those wishing to fixed their mortgage for five years, with this refresh of our two-year range we are continuing to respond to the mortgage market, offering competitive products for both residential and buy-to-let lenders.
You may also want to watch:
“Direct applicants, and those using intermediaries, will receive our personalised service as standard as our manual underwriting gives a real life assessment of affordability, as opposed to a computer algorithm that may too readily rule out creditworthy individuals.”
The new fixed-rate products are available to direct applicants in England and Wales, intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire and Hertfordshire and nationally via selected networks and clubs.
- 1 Community in shock after stabbing on Suffolk estate
- 2 Man in hospital with serious injuries after Suffolk stabbing
- 3 Suffolk school goes viral after teachers post TikTok dance
- 4 Former Town star's son scores to help Hartlepool secure dramatic return to EFL
- 5 Ipswich Town transfer rumour: Blues linked with 'ambitious move' for striker
- 6 'He nearly ruined my club' - Bent on former Ipswich boss Lambert
- 7 Couple launch smoked meat business after impressing at family BBQs
- 8 Pub demolition plans generate 150-plus objections in a week
- 9 Mapped: Number of places recording Covid cases doubles in last week
- 10 No starts, sarcastic cheers and a quick profit - A look back at Kieffer Moore's time at Town