Effective 17th February we are making the following changes to our New and Existing customer product ranges:

New Business

Rate Changes

  • Purchase: Rate increase of 10bps on selected 2 and 5 year deals
  • Remortgage: Rate increase of 10bps on selected 2 and 5 year deals
  • First Time Buyers: Rate increase of 10bps on selected 2 and 5 year deals
  • Shared equity – Purchase: Rate increase of up to 15bps on selected 2 and 5 year deals
  • Help to Buy shared equity – Purchase: Rate increase of up to 15bps on selected 2 and 5 year deals
  • Help to Buy shared equity – Remortgage: Rate increase of up to 15bps on selected 2 and 5 year deals
  • Buy to Let – Purchase: Rate increase of up to 15bps on selected 2 and 5 year deals
  • Buy to Let – Remortgage: Rate increase of up to 15bps on selected 2 and 5 year deals
  • Green – Purchase: Rate increase of 10bps on selected 2 and 5 year deals
  • Green – Remortgage: Rate increase of 10bps on selected 2 and 5 year deals
  • BTL green – Purchase: Rate increase of up to 15bps on selected 2 and 5 year deals
  • BTL green – Remortgage: Rate increase of up to 15bps on selected 2 and 5 year deals

Rate Changes and cashback changes

  • Green – Remortgage: Rate increase of 10bps on 60% LTV deal, with cashback decreasing to £250

Withdrawals

  • Purchase: Removal of 4 70% LTV products, covering 2 and 5 year deals
  • Remortgage: Removal of 4 70% LTV products, covering 2 and 5 year deals
  • Shared equity – purchase: Removal of 4 70% LTV products, covering 2 and 5 year deals
  • Help to Buy shared equity – Purchase: Removal of 4 70% LTV products, covering 2 and 5 year deals
  • Help to Buy shared equity – Remortgage: Removal of 4 70% LTV products, covering 2 and 5 year deals
  • Buy to Let – Purchase: Removal of 4 70% LTV products, covering 2 and 5 year deals
  • Buy to Let – Remortgage: Removal of 4 70% LTV products, covering 2 and 5 year deals

Existing Customer

Rate Changes

  • Switcher: Rate increases of up to 10bps and 9bps on selected 2 and 5 year deals
  • Switcher – High value: Rate increase of 6bps on selected 5 year deals
  • Buy to Let switcher: Rate increases of up to 10bps and up to 10bps 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.