Tomorrow, Friday 17 July, we will reduce selected rates in our product range. Changes will apply to residential rates at 65% LTV and BTL rates at 75% LTV to help your customers who are looking to fix at a lower rate.

Intermediary Exclusives

•65% LTV 5 Year Fixed Rate with £995 fee will be reduced to 1.39% with £500 cashback and free valuation for remortgage customers only
Core
•65% LTV 5 Year Fixed Rate with £995 fee will be reduced to 1.39% with free valuation for purchase customers or free valuation and free legals for remortgage customers
•BTL 75% LTV 2 and 3 year fixed rate with £1,995 fee will be reduced to 1.64%
•BTL 75% LTV 5 Year Fixed Rate with £995 fee will be reduced to 2.14%
Portfolio Landlords
•BTL 75% LTV 2 Year Fixed Rate with £1,995 fee will be reduced to 1.74%
•BTL 75% LTV 5 Year Fixed Rate with £995 fee will be reduced to 2.24%
As communicated on Wednesday, we will also make the following changes:
•Selected 85% LTV fixed rates will be increased by up to 0.20%
•Selected 90% LTV Shared Ownership fixed rates will be increased by up to 0.29%
•Selected 80% LTV BTL products will be withdrawn

Additional information

End dates will remain at 1 November of the relevant year.

For full details of our current range, please view our Mortgage Update. For any other queries, please talk to your dedicated Business Development Manager or contact your dedicated Regional Service Team.