Together re-launches two-year fixed term personal and commercial ranges




Together has today (November 16th) relaunched its two-year fixed rate personal and commercial finance products.

The lender has brought back its two-year fixed personal finance products, as well as its BTL mortgages, both on first and second charge.

It has also re-introduced its five-year commercial mortgage, which was withdrawn in September as a result of market volatility.

At the same time, rates have been lowered across much of Together’s range.

Together’s two-year fixed-term personal mortgage rates now start at 8.45% for first charge at 65% LTV and 8.95% for second charge at 65% LTV, matching the BTL ranges.

Five-year fixed mortgage rates have been lowered from 8.75% to 8.45% (first charge at 65% LTV) and from 9.35% to 8.65% (second charge at 65% LTV).

The rates have been reduced by the same amount for Together’s standard and second charge five-year BTL products.

The rates for its re-introduced five-year fixed commercial term products start at 10.49%, at a maximum LTV of 70% on properties valued at up to £2.5million.

Ryan Etchells, director of products and distribution at Together, said: “We’re delighted to be able to re-launch our two year fixed-rate products to support intermediaries and their clients in an ever-changing market.

“The uncertainty during a challenging period immediately after the mini-budget has now subsided, giving us the confidence to re-introduce Together’s two year fixed-rate mortgages.

“In addition, we’ve lowered rates on the five year fixed products we brought back to market in October. 

“We always apply our common-sense approach to lending – whether to businesses or individuals - and a flexibility which takes into account clients’ individual circumstances, to provide the right finance to realise their ambitions."

 

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