Teachers refreshes fixed-rate range

John Hewitt Jones

October 19, 2016

housing house ladder

Teachers Building Society has launched two new fixed-rate mortgage products.

A 95% LTV option is available at 3.99% fixed rate for three years and has an arrangement fee of £899 and application fee of £99.

The building society has also launched a three year fixed-rate Help to Buy mortgage at 2.59% up to 75% LTV with no arrangement fee and an £99 application fee.

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Both options are available for purchase and remortgage.

Andy Yates, business development manager at Teachers Building Society, said: “In the current climate with the possibility of fluctuating interest rates these mortgages are designed to meet the needs of those seeking the reassurance of a fixed rate.

“These products also support our dedication to helping first-time buyers get onto the property ladder – a 95% mortgage and a Help to Buy product which provide a set monthly mortgage payment over the next three years.”