With effect from Tuesday October 11, we have reduced most of the fixed rates across our residential range and launched six new 60% LTV tiers. Rates start from 1.29%
Full details can be found on our website but highlights include:
Residential 2 year fixed rate products
- 60% LTV with a reduced rate of 1.29%
- 75% LTV with a reduced rate of 1.49%
- 80% LTV with a reduced rate of 1.59%
- 85% LTV with a reduced rate of 1.69%
- 90% LTV with a reduced rate of 2.29%
- 75% LTV interest only with a reduced rate of 1.79%
- 80% LTV interest only with a reduced rate of 1.89%*
- 60% LTV fee offer with a reduced rate of 1.69%
- 75% LTV fee offer with a reduced rate of 1.79%
- 80% LTV fee offer with a reduced rate of 1.99%
- 85% LTV fee offer (max £500k) with a reduced rate of 2.09%
- 90% LTV fee offer (max £500k) with a reduced rate of 2.59%
- 90% LTV (over £500k) with a reduced rate of 2.79%
Large loan (£1m+)
- 75% LTV with a reduced rate of 1.79%
- 80% LTV (Greater London) with a reduced rate of 1.89%*
- 75% LTV interest only with a reduced rate of 1.99%
- 80% LTV (Greater London) interest only with a reduced rate of 2.09%*
New tiers
- 60% LTV interest only with a rate of 1.59%
- 60% LTV (over £1m) with a rate of 1.59%
- 60% LTV interest only (over £1m) with a rate of 1.79%
Residential 5 year fixed rate products
- 60% LTV with a reduced rate of 1.99%
- 75% LTV with a reduced rate of 2.19%
- 80% LTV with a reduced rate of 2.29%
- 85% LTV with a reduced rate of 2.49%
- 90% LTV with a reduced rate of 2.99%
- 90% LTV (over £500k) with a reduced rate of 3.39%
- 75% LTV interest only with a reduced rate of 2.39%
- 80% LTV interest only with a reduced rate of 2.49%*
- 60% LTV fee offer with a reduced rate of 2.19%
- 75% LTV fee offer with a reduced rate of 2.39%
- 80% LTV fee offer with a reduced rate of 2.49%
- 85% LTV fee offer (max £500k) with a reduced rate of 2.69%
Large loan (£1m+)
- 75% LTV with a reduced rate of 2.29%
- 80% LTV (Greater London) with a reduced rate of 2.39%*
- 75% LTV interest only with a reduced rate of 2.49%
- 80% LTV (Greater London) interest only with a reduced rate of 2.59%*
New tiers
- 60% LTV interest only with a rate of 2.19%
- 60% LTV (over £1m) with a rate of 2.19%
- 60% LTV interest only (over £1m) with a rate of 2.39%
* The maximum overall LTV for these products is 80%, 75% of which may be on an Interest Only basis with any additional lending on a Capital & Interest basis.
Where any part of the mortgage is Interest Only the Interest Only product is to be used for both the Interest Only and Capital & Interest elements.
You may use the bank’s online application facility to submit cases.
For more information on our products or how we may be able to assist your clients, please contact your relationship partner.
