The Chorley Building Society launches exclusive first-time buyer mortgages.
New products include FTB with a 90% loan-to-value (LTV) (fixed to 31.07.2027) with a fixed FTB rate of 5.29%.
It also added FTB fixation for two years at a rate of 95% LTV (fixed to 31.07.2027) at a rate of 5.79%.
Neither mortgage has product or plan fees and offers a cashback of £250. A mortgage loan can be applied for as long as one of the applicants has never had a mortgage before.
“The association was founded to help people buy their own homes, and 165 years later, it’s still the same today,” said Liz Pearson, head of operations at the Jolie Architecture Association.
“Our exclusive buyer mortgage is designed to support those who wish to enter the housing ladder because they do not apply or plan fees, and also include cash back.”
