Monmouthshire Building Society has launched a new set of purchase and remortgage products, with the latter available at up to 75 per cent LTV.

All applications will be valued through desktop methods, the lender adds.

For residential borrowers who wish to purchase, new products – all at 65 per cent LTV – include a two-year discount with an initial rate of 1.65 per cent, a two-year fix at 1.65 per cent and a five-year fix at 1.75 per cent.

New residential remortgage products, which all include a free valuation and assisted legal fees, include a 75 per cent LTV two-year discount with an initial rate of 1.75 per cent, a 75 per cent LTV two-year fix at 1.75 per cent, and a 75 per cent LTV five-year fix at 1.95 per cent.

A 65 per cent LTV two-year fix is also available at 1.65 per cent, as is a five-year fix, at 1.75 per cent.

Maximum values are set at £1.5m within the M25 and £1m without.