Chorley Building Society has revamped its product range and changes include reducing rates, fee assist and cashback products and the removal of maximum age limits from its entire product range.

Chorley Building Society Business Development Manager, Julie Goodwin says: “The changes are a result of the feedback we have received from our intermediary brokers. It was suggested that their clients were in need of increased but simplified product options and improved access to mortgage finance. The changes to our portfolio have seen an increase in product types, reduced interest rates on a number of products and a removal of the maximum age limit.

As a responsible lender, it’s important that we meet the needs of our members both present and future and that age should not be a barrier if we deem it responsible to lend and we believe that cases from older borrowers offer no more risk than younger ones. We consider all borrowers to be equally worthy of consideration, and by making our entire range available, we will demonstrate that we do not discriminate by age.”

Further, the society now accepts properties above four stories and has a flexible approach to interest only lending and will accept downsizing as a repayment vehicle as each case in individually assessed on its own merits. It is important for us at Chorley Building Society to take the time to listen to what our brokers and customers need from a mortgage lender. That is why our proposal is driven by delivering outstanding service and offering a common sense approach to mortgage lending.

Details of the new products can be viewed at www.chorleybs.co.uk/intermediaries or brokers can speak directly to an underwriter on 01257235001.