We are pleased to confirm we have made a number of positive changes to both our Residential and Buy to Let product range(s).

New products

  • Introducing a 1.50% 2 Year Fixed, £999 product fee, available up to 80% LTV for loans from £5k to £2m for residential purchase and remortgage;
  • Introducing a 2.10% 5 Year Fixed, £999 product fee, available up to 80% LTV for loans from £5k to £2m for residential purchase and remortgage.

Reduced products

  • Introducing a 1.73% 2 Year Fixed, £0 product fee, available up to 75% LTV for loans from £5k to £250k for residential purchase and remortgage;
  • Introducing a 2.69% 5 Year Fixed, £1950 product fee, available up to 75% LTV for loans from £35k to £1m for buy to let purchase and remortgage;
  • Introducing a 1.62% 2 Year Fixed, £0 product fee, available up to 60% LTV for loans from £5k to £2m for existing customers rate switching or doing a further advance.

Please see below for full details of all products that are being launched and existing products being increased.

For full details of existing products that are being reduced,please view the new intermediary rate sheet and new reward range sheet dated Thursday 15th February for full details.

What products are we launching?

Residential

Purchase and Remortgage

  • 2.69% 10 Year Fixed, 60% LTV, £999 fee (min loan £5k, max loan £1m) – increased by 20bps
  • 2.89% 10 Year Fixed, 80% LTV, £999 fee (min loan £5k, max loan £1m) – increased by 20bps

EMC Reward Range (Rate Switch & Further Advance)

  • 2.89% 10 Year Fixed, 80% LTV, £899 fee (min loan £5k, max loan £2m) – increased by 20bps

Buy to Let

Purchase and Remortgage

  • 1.89% 2 Year Fixed, 75% LTV, £1950 fee (min loan £35k, max loan £1m) – increased by 5bps
  • 1.96% 2 Year Fixed, 75% LTV, 1% fee (min loan £100k, max loan £215k) – increased by 7bps
  • 2.67% 2 Year Fixed, 75% LTV, £0 fee (min loan £35k, max loan £1m) – increased by 8bps
  • 2.63% 2 Year Fixed (Premier), 75% LTV, £0 fee (min loan £35k, max loan £1m) – increased by 8bps

Reward Range (Rate Switch and Further Advance)

  • 2.63% 2 Year Fixed, 75% LTV, £0 fee (min loan £5k, max loan £1m) – increased by 8bps
  • 1.89% 2 Year Fixed, 75% LTV, £1800 fee (min loan £5k, max loan £1m) – increased by 5bps

We are also reducing rates on a number of other products across our Residential and Reward ranges.

Please view the new intermediary rate sheet and new reward range sheet dated Thursday 15th February for full details.