"These reductions will bring further relief to hard pressed borrowers looking for the certainty of a fixed rate deal."
- Darren Deacon, head of intermediary sales at Family Building Society
Family Building Society has reduced rates across its residential repayment and interest-only products.
In its core residential range, two and five-year fixed rate repayment products have reduced by 0.10%, with five-year fixes now starting from 4.79% and two-year fixes from 5.34%.
Two and five-year fixed rate interest-only products have decreased by 0.20%, now starting from 5.34% fixed for five years and 5.94% fixed for two years.
Darren Deacon, head of intermediary sales at Family Building Society, commented: “As interest rates continue their downward trajectory, helped by last week’s Bank of England Bank Rate announcement, these reductions will bring further relief to hard pressed borrowers looking for the certainty of a fixed rate deal.”
