Last week, we let you know that we had reduced selected rates across both our residential and buy to let fixed rates.

Here’s a re-cap of the changes we made:

Residential 2 year fixed rate products

  • 80% LTV with a reduced rate of 1.89%
  • 85% LTV with a reduced rate of 2.09%
  • 90% LTV (max £500k) with a reduced rate of 2.59%
  • 90% LTV fee offer (max £500k) with a reduced rate of 2.89%
  • 90% LTV (over £500k) with a reduced rate of 2.99%
  • 95% LTV first time buyer exclusive with a reduced rate of 3.79%

Residential 3 year fixed rate products

  • 90% LTV first time buyer exclusive with a reduced rate of 3.39%
  • 95% LTV first time buyer exclusive with a reduced rate of 4.29%

Residential 5 year fixed rate products

  • 75% LTV with a reduced rate of 2.69%
  • 75% LTV loan (over £1m) with a reduced rate of 2.79%
  • 75% LTV interest only with a reduced rate of 2.89%
  • 75% LTV interest only (over £1m) with a reduced rate of 3.09%
  • 80% LTV with a reduced rate of 2.79%
  • 85% LTV with a reduced rate of 3.09%
  • 90% LTV (max £500k) with a reduced rate of 3.49%
  • 90% LTV fee offer (max £500k) with a reduced rate of 3.69%
  • 90% LTV (over £500k) with a new rate of 3.89%

Buy to let 2 year fixed rate product

  • 75% LTV fee offer (max £500k) with a reduced rate of 3.39%

New Buy to let product launched

To further support your buy to let clients, we also introduced a new buy to let product:

Buy to let 2 year fixed rate product

60% LTV fee offer (max £500k) with a rate of 2.99%

There are no changes to fees or to any of our other products.

Please 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.