We have implemented a rate decrease on Drawdown+ . Please find the rates below.
Product Type | Previous AER | New AER | New rate MER | APR |
Lifetime Mortgage Drawdown+ Lite | 2.58% | 2.49% | 2.46% | 2.60% |
Lifetime Mortgage Drawdown+ Standard 1 | 2.60% | 2.51% | 2.48% | 2.60% |
Lifetime Mortgage Drawdown+ Standard 2 | 2.68% | 2.59% | 2.56% | 2.70% |
Lifetime Mortgage Drawdown+ Standard 3 | 2.90% | 2.62% | 2.59% | 2.70% |
Lifetime Mortgage Drawdown+ Max | 2.95% | 2.94% | 2.90% | 3.10% |
Lifetime Mortgage Drawdown+ Platinum | 3.45% | 3.44% | 3.39% | 3.60% |
Lifetime Mortgage Drawdown+ Platinum Plus | 3.65% | 3.60% | 3.54% | 3.70% |