We’re launching Remortgage Specials and large loan deals up to £5m

On Thursday 12 December we’re launching a range of Remortgage Specials and large loan deals. These large loans will help support customers with balances up to £5m. We’re also reducing selected 2-year fixed rate deals and withdrawing a number of products including our first time buyer deals offering £1,000 cashback.

NEW: Remortgage Specials:

  • 60% LTV 3 year fixed rate 1.65% with £0 product fee.
  • 60% LTV 3 year fixed rate 2.04% with £0 product fee (Buy to Let)
  • 60% LTV 5 year fixed rate 1.39% with £1,499 product fee.
  • 60% LTV 10 year fixed rate 2.29% with £0 product fee.
  • 75% LTV 3 year fixed rate 1.75% with £0 product fee.
  • 75% LTV 3 year fixed rate 2.29% with £0 product fee (Buy to Let)
  • 75% LTV 5 year fixed rate 1.49% with £1,499 product fee.

NEW: Large loans (loan limit of >£3m up to £5m) with no added benefits:

  • 60% LTV 2 year fixed rate 1.74% with £2,499 product fee (purchase and remortgage)
  • 60% LTV 5 year fixed rate 1.94% with £2,499 product fee (purchase and remortgage)
  • 60% LTV 2 year tracker rate 2.14% with £2,499 product fee (purchase and remortgage)

Rate decreases (purchase and remortgage):

  • 60% LTV 2 year fixed rate 1.26% with £999 product fee. Rate decreased by 0.05%
  • 60% LTV 2 year fixed rate 1.54% with £0 product fee. Rate decreased by 0.05% 
  • 75% LTV 2 year fixed rate 1.39% with £999 product fee. Rate decreased by 0.05%

WITHDRAWN:

  • 85% LTV 3 year fixed rate 2.35% with £0 product fee with £1,000 c/back (purchase)
  • 90% LTV 3 year fixed rate 2.49% with £0 product fee with £1,000 c/back (purchase)
  • 95% LTV 3 year fixed rate 3.19% with £0 product fee with £1,000 c/back (purchase)
  • 90% LTV 5 year fixed rate 2.44% with £999 product fee (remortgage)
  • 75% LTV lifetime tracker 2.64% with £999 product fee (purchase and remortgage)
  • 95% LTV 2 year tracker rate 2.14% with £999 product fee (remortgage)

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 20) which will be available on our website on Thursday 12 December 2019.

 

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