April saw over 100,000 searches conducted on Knowledge Bank for the first time this year. 

The Society launched its shared ownership range in December 2024.

Rates across the range are down by up to 0.55%.

Two-year fixed rates have reduced by up to 0.47%.

Virgin has also launched new five-year fixed rate product transfer options from 4.04%.

Rates now start from 6.09% with new fee options.

Capital repayments and house price increases will make shared owners on average £29,000 better off as a result of equity growth.

The relaunch follows feedback from brokers, who said their clients were looking for a no product fee option and a range of term lengths.

Ashley Pearson, head of Intermediaries at Loughborough Building Society, explores whether an increase in affordable homes and new shared ownership solutions could offer new...

Fix and Switch allows borrowers to switch to another product with no early repayment charge after two years.