Please find attached a copy of the new product portfolio’s above – the products will be live with effect from the 4th October.

  1. Standard Residential

The following products have been withdrawn – applications will continue to be accepted up until October 14th.

  • DS549 – discount 1.89% to 31.10.18
  • DS551  – discount 1.89% to 31.10.19
  • DS553 – discount 2.29% to 31.10.18
  • DS555 – discount 2.49% to 31.10.18
  • DS557 – discount 2.49% to 31.10.18
  • DS550 – discount 2.09% to 31.10.18
  • DS552 – discount 2.09% to 31.10.19
  • DS554 – discount 2.49% to 31.10.18
  • DS556 – discount 2.85% to 31.10.18
  • DS558 – discount 2.85% to 31.10.19

The above will be replaced with the following products, effective from the 4th October.

  • DS573 – discount 1.69% to 31.01.19 – £299 booking fee, arrangement fee 0.5% of the advance – Repayment only – 80% LTV
  • DS574 – discount 1.99% to 31.01.19 – £299 booking fee, arrangement fee 0.5% of the advance – Repayment only – 80% LTV
  • DSI575 – discount 2.19% to 31.01.19 – £299 booking fee, arrangement fee 0.5% of the advance – Interest only – 40% LTV
  • DS576 – discount 1.99% to 31.01.19 – £299 booking fee, arrangement fee 0.5% of the advance – Repayment only – 85% LTV
  • DS577 – discount 2.19% to 31.01.19 – £299 booking fee, arrangement fee 0.5% of the advance – Repayment only – 90% LTV
  • FX395 – fixed 2.49% to 31.01.19 – £299 booking fee, arrangement fee 0.5% of the advance – Repayment only – 90% LTV

Please note the procuration fee on standard residential products is 0.4% – with the new products launched above, the procuration fee cap of £1,750 will be removed – please ensure your records are amended.

 

  1. Older Borrowers

The following products have been withdrawn – applications will continue to be accepted up until October 14th.

  • DSR566 – 2.69% discount to 31.11.18
  • DSR567 – 2.99% discount to 31.11.18
  • DSR568 – 2.69% discount to 31.11.19
  • DSR569 – 2.99% discount to 31.11.19
  • FXR390 – 2.99% discount to 31.11.18
  • FXR391 – 3.39% discount to 31.11.18

The above will be replaced with the following products, effective from the 4th October.

  • DSR581 – discount 2.59% to 31.01.19 – £299 booking fee, £699 arrangement fee –  Repayment or Interest Only – Maximum advance of £199,999 – 40% LTV
  • DSR582 – discount 2.85% to 31.01.19 – £299 booking fee, £699 arrangement fee –  Repayment or Interest Only – Maximum advance of £199,999 – 50% LTV
  • FXR396 – fixed 2.89% to 31.01.19 – £299 booking fee, £699 arrangement fee –  Repayment or Interest Only – Maximum advance of £199,999 – 40% LTV
  • FXR397 – fixed 3.25% to 31.01.19 – £299 booking fee, £699 arrangement fee –  Repayment or Interest Only – Maximum advance of £199,999 – 50% LTV
  • DSR583 – discount 2.59% to 31.01.20 – £299 booking fee, £699 arrangement fee –  Repayment or Interest Only – Maximum advance of £199,999 – 40% LTV
  • DSR584 – discount 2.85% to 31.01.20 – £299 booking fee, £699 arrangement fee –  Repayment or Interest Only – Maximum advance of £199,999 – 50% LTV
  • DSR585 – discount 2.59% to 31.01.19 – £299 booking fee, arrangement fee 0.5% of the advance-  Repayment or Interest Only – Minimum advance of £200,000 – 40% LTV
  • FXR398 – fixed 2.89% to 31.01.19 – £299 booking fee, arrangement fee 0.5% of the advance-  Repayment or Interest Only – Minimum advance of £200,000 – 40% LTV

Please note the procuration fee on Older Borrower products has increased from 0.4% to 0.6% on the new products launched – with the new products launched above, the procuration fee cap of £1,750 will be removed – please ensure your records are amended.

 

  1. Lending to Professionals

There have been no changes to the Lending to Professionals products, the following are still in effect;

  • DSP509 – discount 2.19% to 30.09.2018 – 70% LTV
  • DSP510 – discount 2.69% to 30.09.2018 – 80% LTV
  • DSP511 – discount 2.19% to 30.09.2018 – 70% LTV
  • DSP512 – discount 2.69% to 30.09.2018 – 80% LTV

Please note the procuration fee on Lending to Professional products is 0.4% – The procuration fee cap of £1,750 will be removed on the above products – please ensure your records are amended.

 

  1. Buy to Let

There are currently no BTL products available.

The following products will be launched, effective from the 4th October.

  • DSL332 – discount 2.29% to 28.02.19 – £299 booking fee, £999 arrangement fee-  Repayment or Interest Only – Maximum advance of £249,999 – 75% LTV
  • DSL333 – discount 2.29% to 28.02.19 – £299 booking fee, arrangement fee 0.4% of the advance-  Repayment or Interest Only – Minimum advance of £250,000 – 70% LTV

Please note the procuration fee on BTL products is 0.5% – with the new products launched above, the procuration fee cap of £1,750 will be removed – please ensure your records are amended.