We’ve seen a lot of interest in our 90% LTV product since launching it earlier this week. Supporting this area of the market, and in particular first time buyers, is really important to us. We still need to balance this though with maintaining new and pipeline service levels, as well as focusing on our existing customers.
We continue to offer our 85% LTV product but we’ll be withdrawing the 90% LTV product range tomorrow, Friday 06 November, as follows:
High LTV – 90% purchase and remortgage (£999 product fee)
- 2 year fixed rate at 5.18%
- 5 year fixed rate at 5.38%
We’ll process any pipeline applications as usual. If you want to secure one of these products for your client, the latest you can submit to us for a decision in principle (DIP) is 6pm on Friday 06 November.
DIPs will remain valid for 14 days and you’ll need to submit a full application for a DIP “accept” within this time period. If you need to resubmit a DIP, you’ll need to select a new product from the range that’s available at the time of submission.
