We’re pleased to announce reductions on our residential first charge range:
- 2-Year Fixed now from 3.04%;
- 5-Year Fixed now from 3.34%;
- 2-Year Fixed Fees-Free now from 3.54%;
- 5-Year Fixed Fees-Free now from 3.64%.
We’re also delighted to bring back a range of criteria as well as extend our AVM policy:
- Additional earnings like bonus and overtime now included in affordability;
- Bank statements no longer required for all self-employed and Buy to Let cases (though in certain circumstances we may need to see them);
- Projections now considered for self-employed;
- AVMs now considered for purchase and Buy to Let cases, and up to £350,000 on both first and second charge.
Products are updated in sourcing systems and our product guides. By the way – we’ve changed some of our naming conventions so our first charge products are now referred to as MH0 and MH1.
