Teachers Building Society has lowered the rates on most of its mortgage product range, including a new two-year discounted variable deal at 2.29 per cent for loans up to 75 per cent LTV.
The Society has also launched new two-year fixed rate deals for loans up to 75 per cent and 85 per cent LTV, with rates of 2.49 per cent and 3.59 per cent respectively. Other deals on offer include a three-year fixed rate of 2.59 per cent for loans up to 75 per cent LTV.
The buy-to-let product from Teachers has seen the biggest reduction, with a two-year discounted variable deal now available with a rate of 3.49 per cent (down from 4.29 per cent). There is also a broker exclusive No ERC two-year discounted variable product on offer, with a new rate of 2.59 per cent.
Alan Gravett, Head of Sales & Marketing at Teachers Building Society, said: “We are very pleased to be launching new two-year fixed rate deals and lowering rates on our existing range. Brokers are making a significant contribution to our mortgage business and we hope that these new rates will be well received by our intermediary partners.”
Loading ...