Ipswich Building Society has unveiled a 75% loan-to-value (LTV) two-year fixed rate remortgage product at 1.97%.
The lender will offer the product to brokers in the PMS and Sesame networks plus advisers located in the Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire and Hertfordshire counties.
The product is available on loans between £250,000 and £500,000. A non-refundable application fee of £150 and completion fee of £1475 apply.
Ipswich Building Society chief executive Paul Winter said: “We’re delighted to offer this exciting and competitive product. We’ve worked closely with our brokers to understand the needs of their clients and develop products accordingly.
“This flexibility coupled with our personal underwriting ensures brokers can be confident their clients will receive an excellent service from us.”
