We’ve made changes to our J6 LTV series and our Monthly Payment option.
For J6 we are:
- Reducing the minimum age to 55
- Reducing the minimum property value to £100,000
- Introducing the option of a cash facility (as per other J series)
- Introducing the monthly payment option (as per other J series)
For our monthly payment option:
We’ve amended the level of reduction for those customers servicing >25.01% of the monthly interest amount from 0.20% to 0.05%.
For those customers servicing >25.01% of the monthly interest amount there will be a reduction of 0.05% to the roll-up interest rate
Please note – for those quotes in the pipeline servicing >25.01% interest and receiving a discount of 0.20% to the roll-up interest rate, applications must be received by Friday 23rd April in order to hold the rate. All new quotes will be on the new terms.
