Loughborough launches shared ownership mortgage at 2.69%

Ryan Bembridge

March 21, 2019

Loughborough Building Society has launched a shared ownership mortgage at 2.69%, its lowest ever rate.

The product, which is available to Directly Authorised brokers, comes with no valuation, application, completion, or arrangement fees.

Up to 95% of the share can be purchased on houses in England and Wales.

Ashley Pearson, business development manager, said “Since the launch of our Shared Ownership product range in April 2018 we’ve seen significant levels of interest.

“This further improvement in our rates shows a continued support for this sector. I’m really pleased that we’re able to offer our growing panel of brokers products that suit their clients.

“We’ve had some great feedback in the last 12 months which makes me proud to do the job I do.”

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