Together makes lowest rate available for shared ownership and Right to Buy
Together has made its lowest ever fixed-rate mortgages available to customers seeking finance for shared ownership and Right to Buy properties.
The lender has extended its Prime Plus range to cover shared ownership and Right to Buy, with rates starting at 3.59% for 2-year, and 4.99% for 5-year fixes.
Together has also cut the lowest rates on its second charge 2-year fixed mortgages from 4.29% to 3.99% for capital repayment and from 4.79% to 4.49% on interest only.
It has also introduced a new 2-year fixed rate for its first and second charge consumer buy-to-let (CBTL) products, with rates starting at 5.69% and 6.19% respectively.
As well as this, it has added 2- and 5-year fixed rate buy-to-let (BTL) products, which have been introduced across its standard and specialist ranges.
These come with Together’s lowest ever BTL fixed rates of 5.19% for 2-year fixes and 5.49% for a 5-year fix.
Sundeep Patel, director of sales at Together, said: “We’re committed to offering our customers the right mortgage deals to meet their ambitions.
“Whether that’s getting their first foothold on the property ladder through shared ownership, buying the council house they’ve lived in for years, or expanding their rental portfolio, we believe that we have the competitive products they’re looking for, even if they’ve previously been overlooked by mainstream lenders.
“We also think it’s vitally important to provide much-needed support for the many borrowers whose financial circumstances may have been affected by the COVID-19 pandemic while, at the same time, offering the certainty and security provided by fixed-rate products.”