It has unveiled new versions of six fixed and discounted options which are available with the same interest rate on two, three or five-year products for homebuyers and those remortgaging.

The products are all available nationally up to 80% LTV.

Brendan Crowshaw, head of mortgage and savings distribution at Vernon Building Society, said: “We’ve refreshed our residential mortgage range with a clear and simple approach.

“Whether your client wants to fix their rate for two, three or five years, the rate and fees are the same. Our three discounted rates offer the same interest rate whichever length of initial term they choose and come with no product fee.

“Vernon’s common-sense approach to lending includes personalised underwriting and flexibility where applicants have unconventional circumstances.

“Combined with our commitment to broker service it’s a compelling proposition.”

The mortgages include a:

• Two-year, three-year or five-year fixed rate mortgage at 2.25%, with a £999 fee
• Two-year, three-year or five-year fee-free discounted rate mortgage at 2.09%.