Improvements to our new business mortgage range

On Wednesday 24 April 2019 we’re improving our mortgage range by reducing several fixed rate deals and introducing a couple of longer-term fixed rate deals.

We’re also launching our second range of enhanced cashback products for first time buyers - this time with £500 cashback. These exclusives will match the standard range in terms of rate and product fee but offer the enhanced £500 cashback plus a free valuation.

New! First time buyer £500 cashback exclusives with free valuation

  • 95% LTV 2 year fixed rate 2.99% with £0 product fee
  • 95% LTV 5 year fixed rate 3.39% with £0 product fee.

New! Fixed rates (residential purchase and remortgage)

  • 60% LTV 5 year fixed rate 1.81% with £1,999 product fee (£500k minimum loan size)
  • 60% LTV 10 year fixed rate 2.39% with £999 product fee.

2 year fixed rate reductions (residential purchase and remortgage)

  • 60% LTV 2 year fixed rate 1.44% with £999 product fee. Rate decreased by 0.05%.
  • 60% LTV 2 year fixed rate 1.74% with £0 product fee. Rate decreased by 0.05%.

5 year fixed rate reductions (residential purchase and remortgage)

  • 60% LTV 5 year fixed rate 1.99% with £0 product fee. Rate decreased by 0.10%.
  • 75% LTV 5 year fixed rate 1.89% with £999 product fee. Rate decreased by 0.10%.
  • 75% LTV 5 year fixed rate 2.09% with £0 product fee. Rate decreased by 0.05%.

2 year fixed rate reductions (BTL purchase and remortgage)

  • 60% LTV 2 year fixed rate 1.59% with £1,499 product fee. Rate decreased by 0.10%.
  • 75% LTV 2 year fixed rate 1.69% with £1,499 product fee. Rate decreased by 0.05%.

5 year fixed rate reductions (BTL purchase and remortgage)

  • 60% LTV 5 year fixed rate 2.04% with £1,499 product fee. Rate decreased by 0.10%.
  • 75% LTV 5 year fixed rate 2.39% with £1,499 product fee. Rate decreased by 0.05%.

 Further information

  • Product early repayment charges may apply, plus any benefit package cashback or paid standard legal fees.
  • Charge and benefit end dates and the completion deadlines on our range will move on.
  • Fixed product codes will be replaced.

For full details of our mortgage range please see the Rate Bulletin (Issue 6) which will be available on our website on Wednesday 24 April 2019.

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