We’re making the following changes to our residential product range from 9am on Friday 4 August:
Residential rates going down
We’re cutting rates on 25 products across the 65% to 90% LTV tiers by up to 0.12%
New residential products
We’re launching 3 new 85% LTV deals:
- 2 remortgage products with a £995 fee featuring £250 cashback, free legals and free valuation or, £500 cashback and free valuation
- 1 house purchase product with no product fee, £500 cashback and free valuation
Residential rates going up
Rates on 10 products in the 60%, 65%, 85% and 90% LTV tiers will increase by up to 0.10%
Residential deals not changing
None – we’re extending the end dates on all our products to 31 December to give your clients better values for longer.
And from Friday we’ll bring our residential deals into line with our BTL products by paying the full amount of the standard valuation on a product with a free standard valuation.
Residential products being withdrawn and not replaced
None
The current range of products will be withdrawn at 8pm on Thursday 3 August and the new products will be available from 9am on Friday 4 August.
The residential product guide will be sent separately.
