We have decreased the interest rates on our J1, J2, J2.5, Green, J3 and J4 LTV series.

J1 – Interest rates are shown without cash facility loading or interest servicing reductions

J1 Cash Back Set Up Fee Minimum Advance Age Range Interest Rate (MER) AER
  0% £0 £10,000 55+ 3.07% 3.11%
  2% £0 £10,000 55-85 3.27% 3.32%
  5% £0 £10,000 55-85 3.57% 3.63%

J2 – Interest rates are shown without cash facility loading or interest servicing reductions

J2 Cash Back Set Up Fee Minimum Advance Age Range Interest Rate (MER) AER
  0% £0 £10,000 55+ 3.08% 3.13%
  2% £0 £10,000 55-85 3.28% 3.33%
  5% £0 £10,000 55-85 3.58% 3.64%

 J2.5 – Interest rates are shown without cash facility loading or interest servicing reductions

J2.5 Cash Back Set Up Fee Minimum Advance Age Range Interest Rate (MER) AER
  0% £0 £10,000 55+ 3.54% 3.60%
  2% £0 £10,000 55-85 3.74% 3.80%
  5% £0 £10,000 55-85 4.04% 4.12%

Green – Interest rates are shown without cash facility loading or interest servicing reductions

Green Cash Back Set Up Fee Minimum Advance Age Range Interest Rate (MER) AER
  £50 £0 £10,000 55+ 3.44% 3.49%

 J3 – Interest rates are shown without cash facility loading or interest servicing reductions

J3 Cash Back Set Up Fee Minimum Advance Age Range Interest Rate (MER) AER
  0% £0 £10,000 55+ 4.14% 4.22%
  2% £0 £10,000 55-85 4.33% 4.42%
  4% £0 £10,000 55-85 4.54% 4.64%
  5% £0 £10,000 55-85 4.64% 4.74%

J4 – Interest rates are shown without cash facility loading or interest servicing reductions             

J4 Cash Back Set Up Fee Minimum Advance Age Range Interest Rate (MER) AER
  0% £0 £10,000 55+ 4.84% 4.95%
  2% £0 £10,000 55-85 5.04% 5.16%
  5% £0 £10,000 55-85 5.34% 5.47%

 Please note:

  • The cash facility and interest serving options are not available on the J6 LTV series
  • For customers who choose to take the option of a cash facility, there will be a 0.05% increase to the MER rates (in order to then calculate the AER rates, you need to add the 0.05% increase to the MER first)
  • There are two tiers of interest rate reduction for those customers who choose to service some or all of the monthly interest:
    • If servicing below 25% of the monthly interest there will be no reduction
    • If servicing 25.01% +  of the monthly interest amount there will be a 0.20% reduction
  • All cashback is capped at £20,000

Just a click or call away

If you have any further questions on the information above or would like to discuss a specific case, please do contact your dedicated account manager on their usual number. Alternatively, our sales support team are ready to help: you can reach them on 0345 302 2287 or by email