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Vernon adds pair of fixed rate mortgages to residential range

Mortgage Introducer

November 9, 2021

Vernon Building Society, has added two new fixed rate mortgages to its residential range.

The products include a 2-year fixed rate at 1.99% with a £1,499 fee, and a 5-year fixed rate at 2.25% with a £999 fee.

Both mortgages are available up to 80% loan-to-value (LTV) for purchases and remortgages.

Brendan Crowshaw (pictured), head of mortgage and savings distribution at Vernon, said: “We’ve recently seen a lot of interest in fixed rates from those looking to lock into today’s competitive rates before any potential interest rate rises.

“We’ve boosted our range in response to that demand with these two 80% LTV options.

“We now have a wide range of mortgage options available to those with small, medium and large deposits and all borrowers benefit from Vernon’s common-sense approach to underwriting, even if they have non-standard needs or circumstances.

“We always look for a way to say yes.”


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