Improvements to our mortgage range and withdrawal of £1,000 cashback exclusives

On Thursday 1 August 2019 we’re improving our new business mortgage range by withdrawing the 50% LTV Key Account exclusives and introducing these into our standard range at an increased LTV of 60%, meaning more of your clients can benefit from these market leading rates. We’re also withdrawing our £1,000 cashback exclusives from our range.

Rate reductions (purchase and remortgage) 

o 60% LTV 2 year fixed rate 1.35% with £999 product fee. Reduced by 0.04%.

o 60% LTV 5 year fixed rate 1.75% with £999 product fee. Reduced by 0.04%.

Withdrawals

o 85% LTV 3 year fixed rate 2.24% with £0 product fee and £1,000 cashback (first time buyer exclusive).

o 90% LTV 3 year fixed rate 2.39% with £0 product fee and £1,000 cashback (first time buyer exclusive).

o 95% LTV 3 year fixed rate 2.99% with £0 product fee and £1,000 cashback (first time buyer exclusive).

50% LTV 2 year fixed rate 1.35% with £999 product fee (Key Account exclusive).

o 50% LTV 5 year fixed rate 1.75% with £999 product fee (Key Account exclusive).

Further information

o Product early repayment charges may apply, plus any benefit package cashback or paid standard legal fees.

o Full applications on all amended products must be submitted by midnight on Wednesday 31 July 2019 in order to secure a booking on these products.

For full details of our mortgage range please see the Rate Bulletin (Issue 11) which will be available on our website on Thursday 1 August 2019.

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