Newbury Building Society launches shared ownership variable product

This product, available for purchases in England and Wales up to 95%, comes with a free valuation, has no application fee and no early repayment charge.

Newbury Building Society launches shared ownership variable product

Newbury Building Society has launched asharedownershipvariable ratemortgage at 2.99%.

This product, available for purchases in England and Wales up to 95%, comes with a free valuation, has no application fee and no early repayment charge.

The mortgage can be used across England and Wales up to a maximum loan-to-value of 95%.

Roger Knight, lending manager at Newbury Building Society, said: “As asociety, we are committed to providing accessible mortgages for those looking to purchase through the shared ownership scheme with a minimum deposit.

“We’re excited to be able to offer this variable mortgage product at a competitive rate and help more people across England and Wales take their first step onto the property ladder.”