Chorley Constructing Society has launched unique first time purchaser mortgages.

The brand new merchandise embrace a FTB two-year repair at 90% loan-to-value (LTV) (mounted till 31.07.2027) with a charge of 5.29%.

It has additionally added a FTB two-year repair at 95% LTV (mounted till 31.07.2027) with a charge of 5.79%.

Each mortgages haven’t any product or scheme charges and supply a £250 cashback. The mortgage will be utilized for, so long as one of many candidates has by no means had a mortgage earlier than.

Chorley Constructing Society head of operations Liz Pearson says: “The Society was based to assist individuals purchase their very own dwelling and that is nonetheless true immediately, greater than 165 years later.”

“Our unique first time purchaser mortgages have been designed to assist these trying to get onto the housing ladder as they don’t have software or scheme charges and in addition embrace a cashback.”

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