Loughborough BS unveils new shared ownership products

All products are available at 95% LTV for purchase or 90% LTV for remortgage.

Loughborough BS unveils new shared ownership products

Loughborough Building Society has unveiled three new shared ownership products for purchase or remortgage.

Included in the range are a 2-year fixed rate at 3.19% and a 3-year fixed at 3.59%.

There is also a 5-year fixed product at 3.94%.

Ashley Pearson, business development manager at Loughborough Building Society, said: “We’ve seen significant growth in the shared ownership sector with more people seeing it as an affordable way to get onto the housing ladder.

"I personally am a huge advocate of shared ownership having purchased my first property on the scheme.

"I’m thrilled to also be able to offer our first ever 5-year fixed shared ownership product”.

All products are available at 95% LTV for purchase or 90% LTV for remortgage and come with no completion fees, free valuation and £250 cashback.