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.

Supporting first time buyers in our local area

Written by Ipswich Building Society

31 Jan 2019


First Time Buyers

2 min read

We’re pleased to be furthering our commitment to home ownership by launching two exclusive mortgage products for first time buyers based in the East of England, plus Buckinghamshire.

Our products are as follows:

2.73% 2 year discount rate
£199 application fee, free completion, valuation fee based on property valuation
Fee free overpayments up to 50% of the loan, 1% ERC applies during the product period

2.93% 2 year fixed rate
£199 application fee, £800 completion fee, valuation fee based on property valuation
Fee free overpayments up to 50% of the loan, 3% ERC applies during the product period

Our first time buyer mortgages are available to borrowers where all or part of their deposit is a gift from family members – however, for loans above 90% LTV we will require 12 months’ rental history. We also allow overpayments of up to 50% of the loan amount on all of our standard mortgage products, allowing your client the flexibility to overpay and reduce their monthly payments.

For more information, please see our product page or give us a call on 0330 123 1073.

*Our exclusive product range is only available where both the property and the intermediary is based in our heartland area – Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire, Hertfordshire and Buckinghamshire.  

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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