We’ve made some changes to our Prime and Near Prime purchase and remortgage products. You can find a summary below:

Prime 85%, 90% & 95% Rate Reductions:

  • 2 & 5 year fixed 85% LTV rates reduced by up to 0.45%
  • 2 & 5 year fixed 90% LTV rates reduced by up to 0.40%
  • 2 & 5 year fixed 95% LTV rates reduced by up to 0.30%.

Near Prime Products:

  • Revised LTV structure introduced, now offering rates at 65% and 75% LTV
  • 2 year fixed 75% LTV rates reduced by up to 0.55%
  • 5 year fixed 75% LTV rates reduced by up to 0.50%
  • 2 & 5 year fee and no fee products are available, with cashback incentive product variants.

Prime & Near Prime minimum and maximum loan size:

  • The minimum loan size on our Prime 85-90% LTV products to be increased from £100K to £145K
  • Minimum loan size on 95% LTV products maintained at £100K
  • The maximum loan size on our Near Prime products is reducing from £2M to £750K.

End Date extension:

All end dates will be extended from the 30th September to the 30th November.

The new rates will be available on sourcing systems from 8am on Thursday 5th August, and our rate table and website will be updated shortly after. The information in this communication is embargoed until this time.

An update on our service

We’d like to apologise for any delays you may have experienced over the last few weeks with our service, and for any inconvenience it may have caused. The backlog of cases that was causing the delays has now been cleared, and we’re looking to ensure that we can maintain our high standards going forward.

If you have contacted us about your case during this period, please rest assured that our team will be in touch soon.