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Family Building Society - Mortgage Product Changes

19 April 2018

With effect from Thursday 19 April Family Building Society will make several changes to their Owner Occupier mortgage product range.

Withdrawal from all new business:

Owner Occupier

2.64% 2 year fixed rate to 31 August 2021 (XF0131)
2.94% 3 year fixed rate to 31 July 2021 (XF0133)
3.19% 5 year fixed rate to 31 July 2023 with a £1,499 product fee (XF0135)
3.39% 5 year fixed rate to 31 July 2023 with a £249 product fee (XF0136) - this product is only available up to a loan size of £500,000.
Family Mortgage 3.04% 3 year fixed rate to 31 May 2021 (XF0138)
Family Mortgage 3.14% 5 year fixed rate to 31 May 2023 (XF0139)
2 year discounted rate Offset Mortgage, currently 2.64% with a £999 product fee (XO0011)
5 year discounted rate Offset Mortgage, currently 3.09% with a £999 product fee (XO0012)
3 year discounted rate, currently 2.59% with a £999 product fee(RP) (XD0018)
3 year discounted rate, currently 3.09% with a £999 product fee (IO) (XD0019)
3 year Base rate tracker, currently 2.69% with a £999 fee (RP) (XT0005)
3 year Base rate tracker, currently 3.19% with a £999 fee (IO) (XT0006)
5 year discounted rate, currently 2.74% with a £1,499 fee (RP) (XD0020)
5 year discounted rate, currently 3.24% with a £1,499 fee (IO) (XD0022)
5 year discounted rate, currently 2.94% with a £249 fee (RP) (XD0021)
5 year discounted rate, currently 3.44% with a £249 fee (IO) (XD0023)

Applications for these products will be accepted until Thursday 26 April.

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Launched for applications submitted directly or via an intermediary:

Owner Occupier

2.49% 2 year fixed rate to 30 November 2020 (XF0145)
2.79% 3 year fixed rate to 31 October 2021 (XF0147)
2.99% 5 year fixed rate to 31 October 2023 with a £1,499 product fee (XF0149)
3.19% 5 year fixed rate to 31 October 2023 with a £249 product fee (XF0151) - this product is only available up to a loan size of £500,000.
Family Mortgage 2.89% 3 year fixed rate to 31 August 2021 (XF0152)
Family Mortgage 2.99% 5 year fixed rate to 31 August 2023 (XF0153)
2 year discounted rate Offset Mortgage, currently 2.39% with a £999 product fee (XO0017)
5 year discounted rate Offset Mortgage, currently 2.89% with a £999 product fee (XO0018)
3 year discounted rate, currently 2.39% with a £999 product fee (RP) (XD0031)
3 year discounted rate, currently 2.89% with a £999 product fee (IO) (XD0032)
3 year Base rate tracker, currently 2.49% with a £999 fee (RP) (XT0007)
3 year Base rate tracker, currently 2.99% with a £999 fee (IO) (XT0008)
5 year discounted rate, currently 2.54% with a £1,499 fee (RP) (XD0034)
5 year discounted rate, currently 3.04% with a £1,499 fee (IO) (XD0036)
5 year discounted rate, currently 2.74% with a £249 fee (RP) (XD0035)
5 year discounted rate, currently 3.24% with a £249 fee (IO) (XD0037)

A £250 cashback is now available, for purchase & remortgage, on the newly released products.

If you have any queries on the above please contact either our New Business team or your Business Development Manager.

Customers should visit www.familybuildingsociety.co.uk should they require any further information.