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Heritage slashes rates

by Staff Reporter7 minute read
The Adviser

Staff Reporter

Following Heritage Building Society’s decision to rebrand itself as a bank, the lender has made significant improvements to its product suite in a bid to establish itself as a true competitor in the mortgage space.

Yesterday, the lender reduced its one year fixed rate to 6.39 per cent and its three year fixed rate to just 6.35 per cent.

“Heritage is owned by its members and exists to give those members the best value possible,” the lender’s chief executive officer John Minz said.

“That means we offer the most competitive interest rates that we can.

“We are always looking for ways to deliver even greater benefits to our customers, and reducing the interest rates on these fixed-rate home loans will certainly do that.

“This move again shows that Heritage is one of the most competitive and responsive options out there for people in the market for a home loan.”

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