Available for remortgages only, the new product's overall cost for comparison is 4.9% APR, with an impressive initial two year fixed rate of 1.97% until 31st March 2016, before changing to the Society's Standard Variable Rate currently 5.49%.
Ipswich Building Society, Chief Executive, Paul Winter comments:
"We're delighted to offer this exciting and competitive product. We've worked closely with our brokers to understand the needs of their clients and develop products accordingly. This flexibility coupled with our personal underwriting ensures brokers can be confident their clients will receive an excellent service from us."