Tipton & Coseley launches two later life products

Tipton & Coseley Building Society has announced the launch of two later life lending mortgage products.
The offerings are a 75 per cent LTV three-year fix at 3.09 per cent and a 75 per cent LTV five-year fix at 3.29 per cent.
Both products have a £499 arrangement fee, free standard valuations and allow 10 per cent overpayments.
In addition, the products have a maximum loan value of £450,000 and are available for purchase or remortgage.
For borrowers remortgaging, the product criteria also include free standard legal fees or £150 cashback.
Tipton & Coseley Building Society director of sales and marketing Cammy Amaira says: “The launch of the later life fixed rate products affirms our commitment to enable people to own their home at all stages of life.
“By providing a fixed rate product, those who are approaching retirement, or already retired, can manage their budget around a set monthly payment which they know will not change.”
The post Tipton & Coseley launches two later life products appeared first on Mortgage Strategy .

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