Lending policy and new business enquiries: 0800 085 2846
General enquiries: 0800 678 3066
Lines open Monday – Friday 9am to 5:30pm
New Residential Products
– 2 year fixed to 60% LTV with a rate of 1.24% and an arrangement fee of £999 (loans £80k-£499,999) or £1,499 (loans £500k-£1m)
– 5 year fixed to 60% LTV with a rate of 1.89% and an arrangement fee of £999 (loans £80k-£499,999) or £1,499 (loans £500k-£1m)
– 5 year fixed to 60% LTV (fee offer) with a rate of 2.04% and no arrangement fee (loans £80k-£1m)
Our new residential 60% LTV products are only available for C&I mortgages and are available for purchase or remortgage. These products also benefit from our remortgage switching package*.
Residential Rate Reductions
If that’s not enough, we have also reduced a number of rates across our residential range by up to 0.20% – all live now.
| Product | Old Rate | New Rate |
| 2 year fixed to 75% LTV | 1.39% | 1.34% |
| 2 year fixed to 80% LTV | 1.44% | 1.39% |
| 2 year fixed to 60% LTV (fee offer) | 1.59% | 1.54% |
| 2 year fixed to 75% LTV (fee offer) | 1.69% | 1.59% |
| 2 year fixed to 80% LTV (fee offer) | 1.89% | 1.69% |
| 5 year fixed to 75% LTV (fee offer) | 2.29% | 2.19% |
| 5 year fixed to 80% LTV (fee offer) | 2.39% | 2.29% |
| 2 year fixed to 85% LTV (Professional) | 1.99% | 1.89% |
| 2 year fixed to 90% LTV (Professional) | 2.59% | 2.49% |
| 5 year fixed to 90% LTV (Professional) | 3.09% | 2.99% |
| 2 year fixed to 60% LTV (£1m+) | 1.59% | 1.49% |
| 2 year fixed to 75% LTV (£1m+) | 1.74% | 1.59% |
| 5 year fixed to 60% LTV (£1m+) | 2.19% | 1.99% |
| 5 year fixed to 75% LTV (£1m+) | 2.29% | 2.19% |
How to Apply
We all want your cases to go through with minimum fuss and maximum speed. To give your cases the best chance of getting through first time, before applying online check out our packaging requirements
Product Transfers
– These changes also apply to any Product Transfer applications you would like to submit via our online form.
– Existing customers benefit from a 50% reduction to arrangement fees. You can apply up to 6 months before your customer’s current deal ends.
– You can choose for your customer’s Product Transfer to take place up to 3 months before their current deal ends without incurring an Early Repayment Charge.
*Free valuations are available on properties worth £2m or less. Please note that the switching package is only available to applicants moving their mortgage from another lender. If the property to be mortgaged is unencumbered then a free standard valuation is available. Optima Legal Services will charge a funds transfer fee of £42 to applicants who use the switching package.
