We’re currently working on our BTL calculator in light of our recent criteria changes. We hope to have this back up and running soon but if you need any help in the meantime, please contact your BDM or the Helpdesk on 0330 123 1073.

Product changes: effective 8 January 2019

Written by Ipswich Building Society

8 Jan 2019


First Time Buyers, Product Changes, Residential mortgages

2 min read

We're pleased to support local first time buyers in our heartland area by launching two 95% LTV residential products, ideal for clients with smaller or gifted deposits. While we do lend throughout England and Wales, this product range is exclusively available where both the property and the intermediary are based in our heartland area – Suffolk, Norfolk, Essex, Cambs, Beds, Herts and Bucks.

This is to ensure our commitment to first time buyers in our local area, as well as continuing to support home ownership more widely.

Details of our new products can be found below:

Two year discount rate @ 2.73% for 2 years
Application fee £199, free completion, CHAPS fee £35, Valuation fee based on property valuation
1% ERC, ERC period ends 2 years from completion date

Two year fixed rate @ 2.93%, fixed until 31/03/2021
Application fee £199, Completion fee £800, CHAPS fee £35, Valuation fee based on property valuation
3% ERC, ERC period ends 31/03/2021

Products are available for first time buyers only in our heartland area – for joint applications one applicant must be a first time buyer.

Additionally, we are extending end dates on our 2 year fixed rate products and 5 year fixed rate expat product.

For more information on our new products please visit our product page or call us on 0330 123 1073.

This article was published under our previous name of Ipswich Building Society. We changed our name in 2021 – get in touch if you have any questions.

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