This communication summarises key changes being made to Mortgage pricing for Coutts and Adam & Company as of Wednesday 15th December 2021.
- Residential 2 year Fixed have increased by 0.10% across all LTV bands, starting from 1.94%
- Buy-to-Let 2 year Fixed have increased by 0.10% across all LTV bands, starting from 2.34%
- All other product rates remain unchanged
Important points to note:
- All product expiry dates have been extended to reflect a 21st March
- Our House Mortgage Rates, Mortgage Reserve Account and all other LTV pricing has remain unchanged
- We are able to support lending to SPVs (subject to Personal Guarantee) with our range of mortgages products. Please note a 1% arrangement will apply in all scenarios
All rates on our Intermediary website will be updated in due course
Pipeline Policy:
- Where an advised ESIS has not yet been accepted by your client prior to rate change, all cases must be progressed on the new rates
- The mortgage term must be aligned to or surpass the new product end date
- If any discounts have previously been agreed please discuss this with the banker as this will need to be re applied
As always, if you would like to speak with us about any lending requirements over £1m please do contact your designated BDM or send your enquiry to CouttsIntermediaryTeamReferrals@coutts.com where one of the intermediary bankers will reply.
