Newbury cuts shared ownership variable product

There are no early repayment charges.

Newbury cuts shared ownership variable product

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.