Please be advised we are making changes to a selection of products across our Residential, Buy to Let and Reward ranges effective tomorrow, Tuesday 25th February, 2020.
These changes include reducing rates by as much as 0.11% on a selection of our most popular existing 2, 3, 5, 7 and 10 year fixed rates, and also includes other changes, such as the maximum loan size on our lowest 2 year fixed rate at 1.21% is increasing from £2m to £5m.
Note: some existing products are increasing in rate and some are being withdrawn and not replaced as part of this launch. Please view our rate overview document for full details of all products that are changing.
Key purchase and remortgage residential product reductions
- Reduced – 1.32% 2 Year Fixed, £999 product fee, 75% LTV, Min loan £5k, will reduce to 1.29% with Max loan extended to £5m
- Reduced – 1.54% 5 Year Fixed, £999 product fee, 60% LTV, Min loan £5k, Max loan £5m, will reduce to 1.47%
- Reduced – 1.67% 5 Year Fixed, £999 product fee, 75% LTV, Min loan £5k, Max loan £5m, will reduce to 1.57%
Please view our rate overview document for full details of all products that are changing
Key Launch Timings
- Existing products: Final date for case booking or generating a Mortgage Information Sheet (MIS): Monday 24th February, 2020
- New products available: Tuesday 25th February, 2020
- Last rate switch applications (product transfers): Tuesday 25th February, 2020
- Last applications: Existing products: Wednesday 4th March, 2020
