On Thursday 23 June 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 October. Products and rates may change or be withdrawn at short notice subject to demand.
New Business
Mainstream
- Re-introduction of the 2, 3 and 5 year products increased by up to 0.73%
- Bank of England base rate increased by 0.25%, now 1.25%
- SVR increased to 5.49%
- Revised Valuation scale
Professional Mortgage
- Re-introduction of the 2 and 5 year fixed rate products increased by up to 0.73%
- Cashback reduced on the 5 year fixed rate product with £0 fee from £1000 to £500
- Bank of England base rate increased by 0.25%, now 1.25%
- SVR increased to 5.49%
- Revised Valuation scale
Buy to Let
- Re-introduction of the 2 and 5 year fixed rate products increased by up to 0.76%
- Re-introduction of the 2 year fixed rate Premier BTL products increased by up to 0.84%
- Bank of England base rate increased by 0.25%, now 1.25%
- Reversionary rate changed to 5.49%
- Revised Valuation scale
Help to Buy
- Re-introduction of the 2 and 5 year fixed rate products increased by up to 0.73%
- Bank of England base rate increased by 0.25%, now 1.25%
- SVR reduced to 5.49%
- Revised Valuation scale
Product Switch
Mainstream
- 2, 3 and 5 year products increased by up to 0.83%
- 2 year Tracker products increased by 0.25%
- Bank of England base rate increased by 0.25%, now 1.25%
- SVR increased to 5.49%
Buy to Let
- 2 and 5 year fixed rate products increased by up to 0.76%
- 2 year fixed rate Premier BTL products increased by up to 0.84%
- Bank of England base rate increased by 0.25%, now 1.25%
- Reversionary rate changed to 5.49%
Help to Buy
- 2, 3 and 5 year fixed rate products increased by up to 0.73%
- Bank of England base rate increased by 0.25%, now 1.25%
- SVR increased to 5.49%
Pipeline deadline
Clickdecision and Illustrations: Products will be withdrawn from our website and all sourcing systems at 5pm on Wednesday 22 June 2022.
Applications must be received at Platform by 5pm on 22 June. 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 Thursday 23 June 2022.