Monmouthshire Building Society (MBS) has repriced its purchase and remortgage loan to value range from 70% to 95%.

The Newport-based building society offers a five-year fixed-rate residential remortgage at 1.89% with a maximum LTV of 80%, with a £1,999 fee and assisted legal fees as well as a free standard valuation up to £1m.

The product is available in England and Wales, with a minimum loan size of £500,000 and a maximum loan size of £1.5m.

It carries an early repayment charge of 5%, 4%, 3% and 2% for the final two years.

The loan is also available as a five-year fixed rate residential purchase mortgage at 1.89% with a maximum LTV of 80%, with a product fee of £1,999 and an admin fee of £150.

The deal is also available in England and Wales, with a minimum loan size of £500,000 and a maximum loan size of £1.5m.

It also carries an early repayment charge of 5%, 4%, 3% and 2% for the final two years.

The mutual also withdrew an 80% LTV five-year fixed residential purchase deal at 2.25%, with a £499 fee.

The group adds that products under 90% LTV are available direct and through the broker network, while products above 90% are available through brokers only.