Effective 7th January we are making the following changes to our New and Existing customer product ranges:

New Business

New Products

  • First Time Buyer: 4 new products, covering 85% and 90% LTVs, across 2 and 5 year deals

Rate Changes

  • Purchase: Rate decreases of up to 10bps and 12bps on selected 2 and 5 year deals
  • Remortgage: Rate decreases of up to 18bps and 50bps on selected 2 and 5 year deals
  • Shared Equity Purchase: Rate decreases of up to 3bps and 50bps on selected 2 and 5 year deals
  • Help to Buy Shared Equity Purchase: Rate decreases of up to 3bps and 50bps on selected 2 and 5 year deals
  • BTL Purchase: Rate increases of up to 5bps on selected 5 year deals
  • BTL Remortgage: Rate decreases of 5bps on selected 2 and 5 year deals
  • Green Purchase: Rate decreases of up to 10bps and 12bps on selected 2 and 5 year deals
  • Green Remortgage: Rate decreases of up to 9bps and 15bps on selected 2 and 5 year deals
  • BTL Green Purchase: Rate increase of 4bps on 75% 5 year deal
  • BTL Green Remortgage: Rate increase of 5bps on 75% 2 year deal

Rate Changes and cashback changes

  • Purchase: Rate decreases of up to 18bps and 10bps on selected 2 and 5 year deals, with a variety of cashback changes. Rate increase of 4bps on 80% LTV 5 year deal.
  • Remortgage: Rate decreases of up to 12bps and 14bps on selected 2 and 5 year deals, with a variety of cashback changes.
  • Tracker Remortgage: Rate decrease of 5bps on 75% LTV 2 year deal, with cashback decreasing to £0
  • First Time Buyer: Rate increases of up to 4bps and decreases of up to 10bps on selected 2 and 5 year deals, with cashback increasing to £750
  • Shared Equity Purchase: Rate decreases of up to 9bps and 22bps on selected 2 and 5 year deals, with cashback decreasing to £250
  • Help to Buy Shared Equity Purchase: Rate decreases of up to 9bps and 22bps on selected 2 and 5 year deals, with cashback decreasing to £250

Cashback changes

  • Purchase: Cashback increasing to £250 on 70% and 75% LTV 2 year deals

Withdrawn

  • First Time Buyer: Withdrawal of an 80% LTV 5 year deal

Existing Customer

Rate Changes

  • Switcher: Rate decreases of up to 20bps and 35bps on selected 2 and 5 year deals
  • Switcher – High value: Rate decrease of 1bps on selected 5 year deals
  • BTL Switcher: Rate decreases of up to 10bps and 21bps on selected 2 and 5 year deals

From 2pm today, you can download a PDF of the updated product ranges on our Website. At this time, the Latest News section will be updated to display a full summary of the changes, including transitional arrangements.