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Latest news: Savings rates increased

We have launched a new range of mortgages that are the lowest discounted rate products we've ever brought to market.

Richard Groom
Posted on by Richard Groom

Tipton and Coseley Building Society has introduced a new range of mortgages that are the lowest discounted rate products they've ever launched.

Richard Groom, head of mortgage sales at the Tipton, said: " Helping people buy and own their own homes has been a long-standing ethos at the Tipton and I'm sure customers will be impressed with our all-time low competitive mortgage rates.

 "What sets us apart from many of the national lenders is how we process mortgage applications. Unlike the bigger names in the industry we don’t credit score applicants - we don’t believe that one size fits all and prefer to assess all applications on a case-by-case basis."

 The initial rates start at 1.04% discounted until 31 January 2020 up to a maximum 65% loan to value. A discounted rate of 1.09% until 30 November 2019 is available up to 75% loan to value. These two products include a valuation contribution of £275, a £99 booking fee and £900 arrangement fee.

 A 1.29% discounted rate until 31 January 2020 is available up to a 65% loan to value, while a 1.34% discounted rate until 30 November 2019 applies for mortgages up to 75% loan to value. Both products include a valuation contribution of £275 and £99 booking fee.