The lender says the rate cuts target 'just off the high street' customers.
Related topic: Shared ownership
Rates have reduced across the Society's residential, shared ownership and buy-to-let ranges.
Steve Griffiths, chief commercial officer at The Mortgage Lender, explores what market factors could lead to an increase in shared ownership demand and how intermediaries can educate...
Despite this, 68% of first-time buyers were unsure what shared ownership means.
Tom Denman-Molloy, intermediary sales manager at Mansfield Building Society, explains why looking beyond the headline rate and digging a little deeper when sourcing a suitable shared...
65% either defined shared ownership incorrectly or were unable to do so at all.
The Society has launched a new 95% LTV shared ownership product.
West One has also increased the maximum LTV on its Prime Plus core range to 80% and will now lend beyond 80% LTV for first-time buyers without a 12-month rental history.
The new launch follows the introduction of 90% LTV products to TML's residential range.
The Bank's new shared ownership range has launched to the intermediary market.
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