Chorley Building Society has launched four new fixed rate credit renew products.
These mortgage options are an addition to the discount products already available, increasing the range from four to eight.
The new products are Credit Renew 1 – 2 year 60% LTV (fixed until 31.10.2027) – 5.89%; Credit Renew 1 – 2 Year 90% LTV (fixed until 31.10.2027) – 6.19%; Credit Renew 2 – 2 Year 60% LTV (fixed until 31.10.2027) – 5.99%; and Credit Renew 2 – 2 Year 70% LTV (fixed until 31.10.2027) – 6.29%
Commenting on the new products Chorley Building Society head of operations Liz Pearson said: “We’re really pleased to be able to introduce fixed rate mortgage products into our Credit Renew range.
“We received broker feedback that clients, who are eligible for these specialist lending types, are often looking for a fixed rate to support them with managing their budget and rebuilding their credit profile, and so we’ve worked hard with our product team to introduce these four new products into our range.”
The society has recently announced a range of new products including professional mortgages and buy to let mortgages.
