In this week’s Skipton Talks podcast, Rachael is joined by New Build powerhouse, Craig Hall from LSL Property Services. Together, they take a trip down memory lane and remind us all of the key events that have impacted the New Build market since 2008.

On Friday 25 March 2022 we will re-launch our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching.

Product Changes

New product codes issued for all products and end dates extended to the end of July. Products and rates may change or be withdrawn at short notice subject to demand.

 

New Business

 

Mainstream

  • Bank of England base rate increased by 0.25%, now 0.75%
  • SVR increased to 4.99%
  • 2, 3 and 5 year fixed rate products increased by up to 0.30%

Professional Mortgage

  • Bank of England base rate increased by 0.25%, now 0.75%
  • SVR increased to 4.99%
  • 2 and 5 year fixed rate products increased by up to 0.22%

Buy to Let

  • Bank of England base rate increased by 0.25%, now 0.75%
  • Reversionary rate up to 70% LTV now 5.25%
  • Reversionary rate up to 75% LTV now 5.75%
  • 2 and 5 year fixed rate products increased by up to 0.16%
  • 2 year fixed rate Premier BTL products increased by up to 0.16%

Help to Buy

  • Bank of England base rate increased by 0.25%, now 0.75%
  • SVR increased to 4.99%
  • 2 and 5 year fixed rate products increased by up to 0.27%

 

Product Switch

 

Mainstream

  • Bank of England base rate increased by 0.25%, now 0.75%
  • SVR increased to 4.99%
  • 2, 3 and 5 year fixed rate products increased of up to 0.30%
  • 2 year Tracker products increased by 0.25%

Buy to Let

  • Bank of England base rate increased by 0.25%, now 0.75%
  • Reversionary rate up to 70% LTV now 5.25%
  • Reversionary rate up to 75% LTV now 5.75%
  • 2 and 5 year fixed rate products increased by up to 0.16%
  • 2 year fixed rate Premier BTL products increased by up to 0.16%

Help to Buy

  • Bank of England base rate increased by 0.25%, now 0.75%
  • SVR increased to 4.99%
  • 2, 3 and 5 year fixed rate products increased by up to 0.27%

 

Pipeline deadline

Clickdecision and Illustrations:  Products will be withdrawn from our website and all sourcing systems at 5pm on Thursday 24 March 2022.

 

Applications must be received at Platform by 5pm on 24 March.  Applications must have a click decision. All applications must be accompanied by all items on our shopping list.

New products will be available from 9am Friday 25 March 2022.