Newbury cuts shared ownership variable product

Mortgage Introducer

January 28, 2019

Newbury Building Society has cut its 3-year shared ownership variable product from 3.24% to 2.99% to 95% loan-to-value.

There are no early repayment charges.

Roger Knight, lending manager at Newbury Building Society, said: “This type of mortgage is perfect for those who value their flexibility or if their circumstances unexpectedly change.”

The product can be used for both new build houses and flats.

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