Newport-based Monmouthshire Building Society has relaunched its range of purchase and remortgage products.
The products range from two-year and five-year fixed deals and are available from 70 per cent loan to value (LTV) to 95 per cent LTV.
Products under 90 per cent LTV are available direct and through brokers, while those above 90 per cent are exclusive to brokers.
Highlights include a five-year fixed residential remortgage product with a maximum LTV of 80 per cent. It has a rate of 1.89 per cent and is available through England and Wales with a minimum loan size of £500,000 and maximum loan size of £1.5 million.
The product also comes with early repayment charges (ERCs) of 5 per cent, 4 per cent, 3 per cent and 2 per cent for the final two years. It also has assisted legal fees and a free standard valuation up to £1 million. It is subject to a fee of £1,999.
The product is also available as a purchase mortgage product with a maximum LTV of 80 per cent. This is subject to an admin fee of £150.
Monmouthshire Building Society’s product development manager James Mann said: “Our focus is on assisting new and existing members as best we can during these challenging times.
“The UK housing market is growing at its fastest rate in five years and our new products reflect our agile approach to changing market conditions,” he added.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
