We are pleased to confirm we’ve made a further number of positive changes to products across our Residential Purchase, Remortgage and Reward ranges.

Key purchase change highlights

These changes willl see us reduce a selection of our 60%, 80% and 85%  2 and 5 Year fixed rates by as much as 0.18% and in addition, we are reducing the rates on each of our 90% LTV 2 and 5 Year Fixed rates (available for FTB’s and next time buyers for all property types, including New Build) which includes a 0.17% reduction to our 5 Year Fixed with a £999 fee making it comparable to many 2 Year Fixed deals available within the market.

Key purchase rate change highlights        

  • Reduced – 3.55% 2 Year Fixed, £999 fee, 90% LTV – reducing to 3.48%
  • Reduced – 3.75% 2 Year Fixed, £0 fee, 90% LTV  – reducing to 3.72%
  • Reduced – 3.65% 5 Year Fixed, £999 fee, 90% LTV – reducing to 3.48%
  • Reduced – 3.79% 5 Year Fixed, £0 fee, 90% LTV – reducing to 3.72%

Key remortgage change highlights

To support your clients coming to the end of their existing product, or those simply looking to review their current remortgage options, we’re also reducing the rates on a selection of our 2 and 5 Year Fixed rates including two of our £0 product fee Great Escape products, which come with a free non-disclosed valuation, free legals and £250 cashback or £350 cashback if your client opts to use their own solicitor.

  • Reduced – 2.08% Great Escape 2 Year Fixed, £0 fee, 75% LTV – reducing to 1.88%
  • Reduced – 2.82% 5 Year Fixed, £999 fee, 85% LTV  – reducing to 2.71%
  • Reduced – 1.79% Great Escape 5 Year Fixed, £0 fee, 60% LTV – reducing to 1.69%

*cashback offered on our Premier Great Escape products is £400 or £500 if the client opts to use their own solicitor.

Note – Our Family Springboard Mortgage products are increasing in rate so for full details of all the product changes, you can view our rate change overview and our new Intermediary and Reward rate sheets, for our range of new lending products, effective from tomorrow.

Key product change timings confirmed*

  • Existing products: Final date for generating a Mortgage Information Sheet (MIS) Wednesday 13th January, 2021
  • Last rate switch (product transfer) applications on withdrawn Reward range products: Thursday 14th January, 2021
  • Last new lending applications on withdrawn products: Friday 22nd January, 2021

Thank you for your continued support