We’ve made various changes to our mortgage product range, detailed below:

 

 

End date extension

 

We’ll be changing the end dates on all our products from 31st March to the 31st May.

 

 

Purchase and remortgage products

 

We are decreasing the rates on a number of our 90% LTV purchase and remortgage products. We will also be adding a minimum loan requirement of £170,000 to our 90% purchase and remortgage products, with all other products maintaining our usual minimum loan size of £25,000.

 

 

Cashback

 

£500 cashback will be added to 90% remortgage products, meaning that all our 90% products will now have this incentive.

 

 

Product Fees

 

We’re aligning our product fees to be the same for Purchase and Remortgage applications. Unless customers go for a no-fee option, products for loans below £350,000 will carry a £900 fee, and products for loans above £350,000 a fee of £1,500.

 

 

All other products and features remain unchanged.

The new rates will be available on sourcing systems from 8am on Wednesday 24 February, and our rate table and website will be updated shortly after. The information in this communication is embargoed until this time.