New product release, updated guide attached for your information.
Withdrawn Products
Product code(s) FE066, RFE035 and DE091 have been withdrawn and will not be replaced.
Product End Date(s)
With respect to remaining products, we have secured additional funding but the maturity dates have been moved from 30 June 20XX to 31 July 20XX – associated products codes have updated accordingly
Product Restrictions
Please note restricted income multiples apply to our 95% product range, product codes FE070, DE098 and RDE058 – all applications subject to maximum 3.49 x single or 2.74 x joint income multiple
Product Enhancement(s)
As part of the product update, I am pleased to announce as a direct response to feedback from our intermediary partners we have removed ERC’s from our 90% and 95% “intermediary exclusive” discounted product range. Offering clients a low initial rate but with the added comfort that they retain the ability to review their mortgage at any time. (Exclusions apply to applicants specifically seeking short-term finance arrangement <bridging>).