Family Building Society has launched a revised range of reduced-price owner-occupier interest-only and buy-to-let (BTL) products.

The mutual’s owner-occupier interest-only rates have been lowered by 15 basis points. A two-year fix starts from 6.14% while a five-year fix starts from 5.54%.

Limited company fixed rates have been cut by 20bps, which means a two-year fix starts at 5.84% while a five-year fix starts at 5.34%.

Expat fixed rates have been reduced by 10bps, meaning a two-year fix starts from 5.99%.

The building society has also reintroduced both a 60% and 80% loan-to-value (LTV) three-year interest-only owner-occupier discounted variable rate product.

This is available for purchase, remortgage, further advance and product switch.

Family Building Society head of intermediary Darren Deacon says: “These reductions will be welcome news for our intermediary partners who have clients seeking the stability of a fixed interest-only product.”

“Likewise, landlords will now benefit from a choice of significantly reduced limited company products as well as additional reductions for expat landlords, which further demonstrates our commitment to the BTL market.”