Together launches limited edition products

The two-year fixed has a rate of 4.29 per cent for capital repayments and 4.79 per cent for interest-only repayments. Meanwhile the fixed-year fixed has a rate of 4.99 per cent for capital repayments and 5.49 per cent for interest-only. 

The products will be available at 70 per cent loan to value (LTV) with loan sizes between £50,000 and £500,000. 

The mortgage will also be open to the self-employed, freelancers, contractors, those on zero hour contracts and retired borrowers. 

The lender will consider applications from customers with county court judgments (CCJs) which have been settled for at least two years as well as those who have paid unsecured arrears up to six months before taking out the new product.  

Borrowers who have missed only one mortgage or secured loan payment in the past three years and none in the last year, may also be eligible. 

Sundeep Patel (pictured), director of sales at Together, said: “Our new two-year and five-year fixed rate mortgages are designed to give customers who may not fit the mainstream mould more options to make their property-owning ambitions a reality.  

“We think it’s important for lenders to offer flexible criteria to increase the choice available in the market and believe there is a strong market demand from would-be customers who may not be able to access mortgages from mainstream lenders.”