Chorley Building Society has launched 4 new fixed rate credit renew merchandise.
These mortgage choices are an addition to the low cost merchandise already obtainable, rising the vary from 4 to eight.
The new merchandise are Credit Renew 1 – 2 12 months 60% LTV (fixed till 31.10.2027) – 5.89%; Credit Renew 1 – 2 Year 90% LTV (fixed till 31.10.2027) – 6.19%; Credit Renew 2 – 2 Year 60% LTV (fixed till 31.10.2027) – 5.99%; and Credit Renew 2 – 2 Year 70% LTV (fixed till 31.10.2027) – 6.29%
Commenting on the brand new merchandise Chorley Building Society head of operations Liz Pearson mentioned: “We’re actually happy to have the ability to introduce fixed rate mortgage merchandise into our Credit Renew vary.
“We acquired dealer suggestions that purchasers, who’re eligible for these specialist lending sorts, are sometimes searching for a fixed rate to help them with managing their finances and rebuilding their credit profile, and so we’ve labored exhausting with our product staff to introduce these 4 new merchandise into our vary.”
The society has not too long ago introduced a spread of recent merchandise together with skilled mortgages and purchase to let mortgages.