Exciting news! We have reduced rates on a number of products and, for a limited time only, are providing a free valuation for purchase applications on our residential fee offer range.
Rate Reductions
The following rates have reduced and are live now
| Product | Old Rate | New Rate |
| 2 Year Fixed to 75% LTV | 1.89% | 1.79% |
| 2 Year Fixed to 75% LTV – Full C&I | 1.64% | 1.59% |
| 2 Year Fixed to 80% LTV – Full C&I | 1.74% | 1.69% |
| 2 Year Fixed to 75% LTV – £1m+ | 1.89% | 1.79% |
| 2 Year Fixed to 75% LTV – Fee Offer | 1.84% | 1.74% |
| 2 Year Fixed to 80% LTV – Fee Offer | 1.99% | 1.89% |
| 5 Year Fixed to 95% LTV – FTB | 3.25% | 3.19% |
Fee Offer
We have extended the free valuation on our residential fee offer products to provide a free valuation for purchase cases too.*
The following residential products now benefit from a free valuation on purchase, remortgage and unencumbered:
| 2 Year Fixed to 75% LTV | 1.74% |
| 2 Year Fixed to 80% LTV | 1.89% |
| 2 Year Fixed to 85% LTV | 2.19% |
| 2 Year Fixed to 90% LTV | 2.29% |
| 5 Year Fixed to 75% LTV | 2.39% |
| 5 Year Fixed to 80% LTV | 2.49% |
| 5 Year Fixed to 85% LTV | 2.59% |
| 5 Year Fixed to 90% LTV | 2.79% |
*One free valuation is available on properties worth £2m, or less.
Product Withdrawal
With immediate effect we have withdrawn from sale our residential 2 Year Fixed 60% LTV fee offer product, which had a rate of 1.79%. But the good news is that the 75% rate is priced even cheaper than the rate withdrawn!
Product Transfers
Where applicable, these changes also apply to any Product Transfer applications you would like to submit via our online form.
Existing customers benefit from a 50% reduction to product fees and you can apply up to 6 months before your customer’s current deal ends. You can choose for your customer’s Product Transfer to take place up to 3 months before their current deal ends without incurring an Early Repayment Charge.
If you have any questions, please contact your Relationship Manager.
