Ipswich Building Society has cut nine mortgage product rates – with its 90% loan-to-value 2-year fix standing at 2.69% following a 0.20% reduction.
The society has also reduced its 95% LTV 2-year fix by 0.30% to 4.09% and its 95% LTV 2-year discount by 0.10% to 3.69%.
Paul Winter, chief executive of Ipswich Building Society, said: “As with all mortgage applications we apply a manual underwriting process to give a fair assessment of affordability, and offer an alternative to the ‘computer says no’ approach used by many high street lenders.
“Our inclusive approach to lending means we will continue to innovate, refreshing our range to allow access to the widest possible group of borrowers and continuing to meet the needs of mortgage misfits.”
The society’s shared ownership rates have been cut by 0.30% to 4.69% for a 2-year fix and by 0.20% for a 2-year discount.
Ipswich’s large loan 2-year fix has been reduced by 0.26% to 3.49% and its contractor 2-year discount stands at 3.69% following a 0.30% reduction.