Pricing changes and launch of new exclusives

Great news! We’re making some improvements to our Buy to Let and residential mortgage ranges and launching new exclusives on Wednesday 26 April 2017.

Buy to Let

Following the recent announcement of our new affordability approach for Buy to Let customers without capital raising, we’re refreshing our Buy to Let pricing and launching new Remortgage Specials, including market-leading zero product fee options:

  • 60% LTV 2 year fixed Buy to Let 2.29% with £0 product fee, remortgage only
  • 60% LTV 5 year fixed Buy to Let 2.45% with £1999 product fee, remortgage only
  • 75% LTV 2 year fixed Buy to Let 2.59% with £0 product fee, remortgage only
  • 75% LTV 5 year fixed Buy to Let 3.04% with £1999 product fee, remortgage only

Not only do these specials offer competitive rates, they also have the added benefit of our Remortgage Cashback, providing a free standard valuation and £250 cashback on completion.

Residential

We’ll be launching new First time buyer exclusives across a range of LTVs. All of these deals have zero product fee, a free standard valuation and £250 cashback on completion, to help clients with upfront costs:

  • 60% LTV 2 year fixed First time buyer only, 1.59% with £0 product fee
  • 75% LTV 5 year fixed First time buyer only, 2.29% with £0 product fee
  • 85% LTV 5 year fixed First time buyer only, 2.59% with £0 product fee

We’ll be making selected rate reductions of up to 0.30%, including:

  • 60% LTV 2 year fixed 1.19% with £999 product fee, purchase and remortgage
  • 60% LTV 5 year fixed 1.84% with £999 product fee, purchase and remortgage

We’ll also be increasing selected 2 year fixed rates at 90% and 95% LTV.

In addition to any product early repayment charge, early repayment charges apply to any benefit package cashback or paid standard legal fees for all our products.

Finally, the charge and benefit end dates and the completion deadlines on our range will move on one month and our fixed rate product codes will be replaced. Full applications on all amended products must be submitted by midnight on Tuesday 25 April 2017 in order to secure a booking on these products.

For full details of our new range please see the Rate Bulletin (Issue 5) which will be available on our website on Wednesday 26 April 2017.

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