Together cuts rates across mortgage range

Specialist lender Together has cut rates across its mortgage range, which includes its right-to-buy and shared ownership deals.

Its right-to-buy mortgage deals now include a variable rate at 4.85 per cent, and a five-year fix at 5.6 per cent. These are available for houses and bungalows valued at over £125,000.

On its shared ownership mortgages, Together now offers a variable rate of 5.99 per cent and a five-year fix at 6.74 per cent.

Together has also updated reducing rates by 1.5 per cent across its consumer buy-to-let range.

The lender says it has also changed some of the terms of its mortgages to help clarify its offering and offer additional support to customers who find themselves in the position of ‘accidental landlord’.

These changes will see maximum loan amounts rise to £2m on first charge BTL mortgages, and the maximum LTV raised to 75 per cent. The maximum loan for a second charge BTL mortgage has been increased to £500,00.

Together, personal finance chief executive Pete Ball says: “The changes we’ve introduced include our lowest ever variable rate for right-to-buy customers and significant reductions on our five-year fixes.

“We’ve also repriced our entire shared ownership range to help more customers get on or move up the properly ladder. We’re keen to ensure that prospective customers and housing associations are aware of our offering and our common-sense approach to lending.”

He adds: “We assist customer who may not be able to access finance on the high street for a variety of reasons, ranging from the self-employed to those with a less than perfect credit profile.”



Ipswich launches five-year resi, BTL and shared ownership loans

  Ipswich Building Society has launched a new five-year fixed rate mortgage range for residential, buy-to-let and shared ownership borrowers. The range is available direct and through select brokers. It includes a 2.82 per cent rate for residential purchase and remortgage up to 90 per cent LTV. The loan has a completion fee of £800 […]


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