We are pleased to confirm we are making positive changes across our product ranges effective from Friday 7th June.
Key changes include:
• Launching two market leading five year fixed rates at 60% & 75% LTV (confirmed by Moneyfacts as of Wednesday 5th June).
• Increasing the cashback offered on our Great Escape products from £300 to £400.
• Reducing rates on a selection of other existing products across our Residential, Buy to Let and Reward ranges.
Key Product change highlights
Available for Purchase and Remortgage
• Residential – 5 year fixed with a £999 product fee available for loans £5k -£1m, max. 60% LTV, reduced from 1.81% to 1.79%.
• Residential – 5 year fixed with a £999 product fee available for loans £5k – £1m, max. 75% LTV, reduced from 1.96% to 1.88%.
• Buy to Let – 2 year fixed with a £1749 product fee available for loans £35k – £1m, max. 75% LTV, reduced from 1.77% to 1.68%.
Please click here for a full list of all products that are changing.
Reminder: if your client’s choose to use their own solicitor, the cashback offered on our Great Escape products is £500.
• Existing products:Final date for case booking or generating a Mortgage Information Sheet (MIS): Thursday 6th June, 2019
• New products available: Friday 7th June, 2019
• Last rate switch applications (product transfers): Friday 7th June, 2019
• Last applications: Existing products: Saturday 15th June, 2019