Tipton and Coseley cuts 100% LTV first-time buyer mortgage

Ryan Bembridge

January 22, 2016

The Tipton and Coseley Building Society has cut its 100% loan-to-value Family Assist first-time buyer mortgage from 3.49% to 3.19% with no product fee.

The Family Assist Mortgage takes security against a family members’ property, with the purchase property and the family’s property being valued at the society’s standard rate.

Richard Newton, the Tipton’s chief executive, said: “This Family Assist product boasts a competitive variable rate with the added benefit of no early repayment charges.”

Sign up to our daily email