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Keep it local with Ipswich BS

Keep it local with Ipswich BS

Category: Mortgages

Updated: 17/04/2009
First Published: 17/04/2009

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Ipswich BS has launched a new buy to let fixed rate mortgage that is available in selected postcodes.

The product is priced very competitively with a rate of 4.99% to 31.7.11, a 75% loan-to-value and a respectable flat fee of £1,599.

While it puts similar contenders in the shade, the downside is that the product is only available in a selected number of postcodes - IP, CO, CM, NR, CB and PE.

However, the society's return to the buy-to-let scene with this fixed rate offering is certainly a welcome one.

For second time buyers or those looking to remortgage who live in the required postcodes, this is a strong contender that has been awarded four out of five Moneyfacts stars.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.