We recognise that the Coronavirus (COVID-19) outbreak is having a significant impact on people wanting to either purchase a new home, remortgage or borrow more.
To reflect the latest Government announcements, we’re temporarily updating our income criteria for the following:
- Employed applicants who have been furloughed – for all new and pipeline applications
- Bonus, overtime or commission income – for applications submitted from 2 April
- Zero hour contracts income – for applications submitted from 2 April
For further information, including for new and pipeline applications, please visit our dedicated webpage.
Rate changes
We’ve increased selected switcher rates below 90% LTV by up to 0.20%. We’re also increasing rates for existing members moving home at 60% LTV by up to 0.15%.
For full details of these changes click here.
