Stockport based Vernon Building Society has launched two new 95% mortgage products to help first time buyers take their first step onto the housing ladder.
These are available exclusively to local house buyers and include fixed and variable options with no arrangement fee and assistance towards other associated costs.
Ian Keeling, Head of Sales and Marketing at the Vernon said:
“Since the credit crunch most mortgage lenders have been insisting on deposits of at least 20% which puts the cost of buying a house out of reach of many.
These products are exclusively for buyers in the local area which we hope will provide both a first step onto the housing ladder for more people as well as a much needed boost to the local housing market.”
The Vernon Building Society is a local, independent building society, based in Stockport. The Society was founded in 1924 and is the only local building society serving the Stockport and East Cheshire area. It has built a strong reputation as a trusted provider of financial products to the local population with branches in
Stockport, Edgeley, Marple, Bramhall, Hazel Grove, Poynton and Reddish.
For more information about Vernon Building Society products, visit www.thevernon.co.uk or a one of their seven branches located throughout Stockport.
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