We wanted to let you know that on Tuesday 20th October 2020, we’ll be increasing the rates on our 75% LTV Holiday Let mortgage products.
The new rates from Tuesday will be:
- Holiday Let 2 Year Fixed £995 fee will increase from 3.65% to 3.85%
- Holiday Let 2 Year Fixed £0 fee will increase from 3.80% to 4.05%
- Holiday Let 5 Year Fixed £995 fee will increase from 4.05% to 4.25%
- Holiday Let 5 Year Fixed £0 fee will increase from 4.20% to 4.40%
All applications approved on or after this date will be subject to the new increased rate.
To secure the existing rate for your client, you’ll need to submit your DIP to us by close of business on Friday 16th October 2020, AND your full application by 9pm on Monday 19th October 2020.
We won’t be making any changes to the rates on our lower LTV Holiday Let mortgages.
If you have any questions or need any assistance with an existing application, please do get in touch with your local BDM or our Lending Support team.
