Its two-year discount deal, formerly at 2.79%, is now offered at 2.59% up to 90% loan-to-value, available for purchase and remortgages up to £350,000. The product has an application fee of £199, a £800 completion fee, 50% overpayment facility and 1% early repayment charge until two years from completion date.
The Ipswich’s two-year fix at up to 90% LTV has been cut from 3.09% to 2.89%, also available for purchase and remortgage loans up to £350,000.
An additional two-year fixed rate, this time for large loans, is available at 3.75% down from 3.95% and up to 90% LTV. The deal is available for purchase and remortgage for loans up to £750,000 and includes a 50% over payment facility and 3% early repayment charge until 30 June 2018.
The end dates for two of Ipswich’s deals have also been extended, including a two-year discount at 3.79% up to 95% LTV and a large loan two-year discount product at 3.59% up to 90% LTV. Both have an end date of two years from completion where they were previously set at 31 December 2017.
Paul Winter, CEO of Ipswich Building Society (pictured), said: “We’re continuing to offer choice to home-buyers of all shapes and sizes, and these latest product updates may provide comfort to aspiring younger home-owners with low deposit savings but acceptable levels of affordability. We’ve also refreshed our larger loan mortgage products in response to the high demand from intermediaries and those seeking larger loans.”
