Monmouthshire BS release a new 5 year fixed rate mortgage range.

The Monmouthshire Building Society has announced it is making a spring 5 year fixed rate product launch. A complete new range of 5 year fixes are being made available for both remortgage and new house purchase.

For first time buyers and those looking to move home the lender is launching 95% LTV deals with competitive rates. A 95% LTV 5 year first for first timers unable to save a large deposit is on offer at 4.75%, this is a good deal and offers competition to other lenders Help to Buy mortgage rates.

For those with a slightly higher 20% deposit a 5 year 80% LTV mortgage is available at 3.49% with a £995 fee which the lender says can be added to the mortgage.

For those looking to remortgage and switch from another lender, the Monmouthshire has launched a competitive range of remortgage deals for up to 90% LTV. As well as offering competitive rates all remortgage deals in the lender's range come with come with the added bonus of no fees and a free valuation and free legals.

For example for those looking to remortgage with 35% equity a 65% LTV mortgage is available fixed for 5 years at 3.19% and a 90% LTV mortgage is available at 4.59%.

If you would like to review the lender's range and compare it against the wider market speak to an adviser at Deal Direct for no-obligation independent advice.

Call 0800 048 8828 for a low rate quote.