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Family Building Society refreshes mortgage range

Jake Carter

September 8, 2021

Family Building Society has refreshed its mortgage product range for new business, with the majority of products being withdrawn or replaced, as well as reductions and all fixed-rate end dates extended.

The lender’s core 5-year fixed-rate repayment products have been reintroduced, with a reduction of 0.10%.

Joint Mortgage Sole Owner 5-year fixed rate repayment products have been reduced by 0.10%, and its core 3-year discount interest only products reduced by 0.30%.

In addition, the Family Mortgage for first-time buyers has been reduced by 0.35%.

Keith Barber director of business development at Family Building Society, said: “Despite the approaching end of the of the stamp duty holiday, we continue to see strong demand.

“The reintroduction of our 5-year fixed rate product and interest only reductions provide intermediaries greater choice, particularly for the underserved later life borrower and those looking for additional family assistance through our Joint Mortgage Sole Owner mortgage.

“And as house prices continue to rise, we are pleased to be able to give first-time buyers an additional helping hand by reducing our award-winning Family Mortgage product by 0.35% to 3.29%, fixed for 5 years.”


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