On 23rd May, we introduced some changes to our core and semi-exclusive ranges.

Core – introduction of £500 cashback and rate changes on several of our 2 and 5 year fixed rate residential mortgage purchase deals.

Semi-exclusives – introduction of £500 cashback and rate changes on several of our 2 and 5 year fixed rate residential mortgage purchase deals and rate reductions on our 2 and 5 year residential remortgage deals.  There are also two new purchase deals – a 60% LTV at 1.31% and a 70% LTV at 1.42% both with £500 cashback.

Here’s a full summary of the changes with product codes in brackets:

CORE RANGE

Residential

2 year fixed rate purchase

60% LTV, increasing by 1bp from 1.41% to 1.42% (3.5% APRC, 3.75% SVR), £995 product fee plus £500 cashback

70% LTV, increasing by 2bps from 1.41% to 1.43% (3.5% APRC, 3.75% SVR), £995 product fee plus £500 cashback

75% LTV, increasing by 3bps from 1.42% to 1.45% (3.5% APRC, 3.75% SVR), £995 product fee plus £500 cashback

80% LTV, increasing by 9bps from 1.49% to 1.58% (3.5% APRC, 3.75% SVR), £995 product fee plus £500 cashback

85% LTV, decreasing by 5bps from 1.72% to 1.67% (3.5% APRC, 3.75% SVR), £995 product fee plus £500 cashback

95% LTV, increasing by 15bps from 4.14% to 4.29% (3.9% APRC, 3.75% SVR), £0 product fee

5 year fixed rate purchase

60% LTV, decreasing by 30bps from 2.12% to 1.82% (3.2% APRC, 3.75% SVR), £995 product fee plus £500 cashback

70% LTV, decreasing by 14bps from 2.23% to 2.09% (3.3% APRC, 3.75% SVR), £995 product fee plus £500 cashback

75% LTV, decreasing by 12bps from 2.23% to 2.11% (3.3% APRC, 3.75% SVR), £995 product fee plus £500 cashback

80% LTV, decreasing by 22bps from 2.48% to 2.26% (3.3% APRC, 3.75% SVR), £995 product fee plus £500 cashback

85% LTV, decreasing by 21bps from 2.63% to 2.42% (3.3% APRC, 3.75% SVR), £995 product fee plus £500 cashback

95% LTV, increasing by 16bps from 4.65% to 4.81% (4.3% APRC, 3.75% SVR), £0 product fee

SEMI-EXCLUSIVE RANGE

Residential

2 year fixed rate purchase

[FO14470] NEW 60% LTV, 1.31% (3.5% APRC, 3.75% SVR), £995 product fee plus £500 cash back

[FO14471] 60% LTV, decreasing by 1bp from 1.83% to 1.82% (3.5% APRC, 3.75% SVR), £0 product fee  plus £500 cashback

[FO14472] NEW 70% LTV, 1.42% (3.5% APRC, 3.75% SVR), £995 product fee plus £500 cashback

[FO14473] 70% LTV, increasing by 8bps from 1.83% to 1.91% (3.5% APRC, 3.75% SVR), £0 product fee plus £500 cashback

[FO14474] 75% LTV, increasing by 7bps from 1.84% to 1.91% (3.5% APRC, 3.75% SVR), £995 product fee plus £500 cashback

[FO14475] 80% LTV, increasing by 7bps from 1.46% to 1.53% (3.5% APRC, 3.75% SVR), £995 product fee plus £500 cashback

[FO14476] 85% LTV, 1.56% (3.5% APRC, 3.75% SVR), £995 product fee plus £500 cash back

5 year fixed rate purchase

[FO 14477] 60% LTV, increasing by 4bps from 2.29% to 2.33% (3.2% APRC, 3.75% SVR), £0 product fee plus 500 cashback

[FO14478] 70% LTV, decreasing by 12bps from 2.18% to 2.06% (3.3% APRC, 3.75% SVR), £995 product fee plus 500 cashback

[FO 14479] 70% LTV, decreasing by 9bps from 2.48% to 2.39% (3.3% APRC, 3.75% SVR), £0 product fee plus £500 cashback

[FO 14480] 75% LTV, decreasing by 13bps from 2.20% to 2.07% (3.3% APRC, 3.75% SVR), £995 product fee plus £500cash back

[FO 14481] 75% LTV, decreasing by 5bps from 2.46% to 2.41% (3.3% APRC, 3.75% SVR), £995 product fee plus £500 cashback

[FO14482] 80% LTV, decreasing by 3bps from 2.22% to 2.19% (3.3% APRC, 3.75% SVR), £995 product fee plus £500 cashback

[FO14483] 85% LTV, increasing by 3bps from 2.30% to 2.33% (3.4% APRC, 3.75% SVR), £995 product fee plus £500 cashback

2 year fixed rate remortgage

[FO14490] 60% LTV, decreasing by 15bps from 1.44% to 1.29 % (3.5% APRC, 3.75% SVR), £995 product fee

[FO14491] 60% LTV, decreasing by 15bps from 1.79% to 1.64% (3.5% APRC, 3.75% SVR), £0 product fee

[FO14492] 70% LTV, decreasing by 19bps from 1.54% to 1.35% (3.5% APRC, 3.75% SVR), £995 product fee

[FO14493] 70% LTV, decreasing by 5bps from 1.79% to 1.74% (3.5% APRC, 3.75% SVR), £0 product fee

[FO14494] 75% LTV, decreasing by 19bps from 1.54% to 1.35% (3.5% APRC, 3.75% SVR), £995 product fee

[FO14495] 75% LTV, decreasing by 5bps from 1.79% to 1.74% (3.5% APRC, 3.75% SVR), £0 product fee

[FO14496] 80% LTV, decreasing by 11bps from 1.64% to 1.53% (3.5% APRC, 3.75% SVR), £995 product fee

[FO14497] 80% LTV, decreasing by 9bps from 1.93% to 1.84% (3.5% APRC, 3.75% SVR), £0 product fee

[FO14498] 85% LTV, decreasing by 39bps from 1.97% to 1.58% (3.5% APRC, 3.75% SVR), £995 product fee

[FO14499] 85% LTV, decreasing by 29bps from 2.38% to 2.09% (3.5% APRC, 3.75% SVR). £0 product fee

5 year fixed rate remortgage

[FO14500] 60% LTV, decreasing by 35bps from 2.19% to 1.84% (3.2% APRC, 3.75% SVR), £995 product fee

[FO14501] 60% LTV, decreasing by 15bps from 2.24% to 2.09% (3.2% APRC, 3.75% SVR), £0 product fee

[FO14502] 70% LTV, decreasing by 19bps from 2.23% to 2.04% (3.2% APRC, 3.75% SVR ), £995 product fee

[FO14503] 70% LTV, decreasing by 5bps from 2.43% to 2.29% (3.2% APRC, 3.75% SVR), £0 product fee

[FO14504] 75% LTV, decreasing by 20bps from 2.24% to 2.04% (3.2% APRC, 3.75% SVR), £995 product fee

[FO14505] 75% LTV, decreasing by 19bps from 2.48% to 2.29% (3.2% APRC, 3.75% SVR), £0 product fee

[FO14506] 80% LTV, decreasing by 15bps from 2.34% to 2.19% (3.3% APRC, 3.75% SVR), £995 product fee

[FO14507] 85% LTV, decreasing by 25bps from 2.54% to 2.29% (3.3% APRC, 3.75% SVR), £995 product fee

Overpayments:

Overpayments of up to 10% of the outstanding balance per annum are allowed during the initial deal period.

Early repayment charges:

2 year fixed rate: 2% until 31 August 2018, 1% until 31 August l 2019

5 year fixed rate: 5% until 31 August 2018, 4% until 31 August 2019, 3% until 31 August 2020, 2% until 31 August 2021, 1% until 31 August 2022

Minimum loan amounts:

£25,000

For a complete listing of all our mortgage products, please visit the product page on our web site.