The product offers a competitive three-year discount, free valuation and allows the client to reduce their mortgage balance by up to 50 per cent of the original amount without penalty.
David Copland, marketing director at Pink commented: “Pink is continually looking for ways to assist first-time buyers to take their first step onto the property ladder and this competitive three-year discount with no up-front fees and requiring no deposit offers intermediaries a great opportunity for their clients.”
Paul Winter, sales and marketing director at Ipswich Building Society commented: “Ipswich is delighted to work with Pink to offer a product in the shared ownership market where we have over a number of years been a leading player.”
