Newbury Building Society launches shared ownership variable product

Michael Lloyd

January 11, 2018

Newbury Building Society has launched a shared ownership variable rate mortgage at 2.99%.  

This product, available for purchases in England and Wales up to 95%, comes with a free valuation, has no application fee and no early repayment charge.

The mortgage can be used across England and Wales up to a maximum loan-to-value of 95%.

Roger Knight, lending manager at Newbury Building Society, said: “As a society, we are committed to providing accessible mortgages for those looking to purchase through the shared ownership scheme with a minimum deposit.

“We’re excited to be able to offer this variable mortgage product at a competitive rate and help more people across England and Wales take their first step onto the property ladder.”

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