we’ve reduced selected fixed and tracker rates by up to 0.40%. 

Here’s a summary of the New Business rate reductions:

2 and 3 year fixed rate reductions

• 2 and 3 year fixed rates across 80% and 85% LTV tiers reduced by 0.20%
• 2 and 3 year fixed rates at 95% LTV reduced by 0.40%

5 year fixed rate reductions

• 5 year fixed rates across all LTV tiers reduced by up to 0.40%

2 year tracker rate reductions

• 2 year tracker rates across 80% and 85% LTV tiers reduced by 0.20%
• 2 year tracker rates at 95% LTV reduced by 0.40%

We’re also reducing some of our switcher rates which will now be aligned to our new business rates. Existing mortgage members switching will continue to receive our £100 cashback offer.