Sub 4% high LTV FTB fixed rates plus other reductions and increases

On Wednesday 4 March, we're reducing our higher LTV FTB fixed rates again, with 85% and 90% LTV rates going under 4%. Plus, the £10k deposit My First Mortgage fixed rate is going down to 4.99%. Most other residential and Buy to Let fixed rates are also going down with some lower LTV 2 year fixed and tracker rate increases for residential home movers and remortgages of up to 0.16%.

In our product transfer range, we’re withdrawing a residential 60% LTV 2 year fixed rate plus reducing most other residential and BTL fixed rates.

There are no changes to our large loan or BTL purchase ranges.

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New business

Fixed rate reductions

• FTB - all 85%, 90% and 95% LTV 2, 3 and 5 year fixed rates reducing by up to 0.38%. My First Mortgage 5 year fixed rate reducing by 0.20% to 4.99%.
• FTB - new build - all 85%, 90% and 95% LTV 2, 3 and 5 year fixed rates reducing by up to 0.38%. 
• Residential home mover inc. new build - all 85%, 90% and 95% LTV 2 and 3 year fixed rates reducing by up to 0.33%. Selected 75% and 85% LTV and all 90% and 95% LTV 5 year fixed rates reducing by up to 0.16%.
• Residential remortgage - all 85% and 90% LTV 2 year fixed rates reducing by up to 0.11%. All 60% and 75% LTV 3 year fixed rates reducing by up to 0.08%. All 85% and 90% LTV 5 year fixed rates reducing by up to 0.05%.
• BTL remortgage - all 60%, 65% and 75% LTV 2 and 5 year fixed rates reducing by up to 0.04%.

Fixed rate increases

• Residential home mover inc. new build - selected 60% and 75% LTV 2 year fixed rates increasing by up to 0.07%.

Tracker rate increases

• Residential home mover inc. new build - selected 60% and 75% LTV 2 year tracker rates increasing by up to 0.16%.
  
• Residential remortgage - 75% LTV 2 year tracker rate with a £999 fee increasing by 0.01%.
  

Product transfers

Fixed rate withdrawal

• Residential - 60% LTV 2 year fixed rate at 3.62% with a £1,999 fee is being withdrawn (F943P).

Fixed rate reductions

• Residential - all 60%, 75%, 80%, 85%, 90% and over 90% LTV 1, 2 and 3 year fixed rates reducing by up to 0.11%. All 75%, 80%, 85%, 90% and over 90% LTV 5 year fixed rates reducing by up to 0.08%. All 60% and 75% LTV 7 year fixed rates reducing by up to 0.07%.
• BTL - all 75% LTV 2 and 5 year fixed rates reducing by 0.05%.

If you’d like to change or cancel a new deal for your client:

• If you haven’t accepted the product transfer offer on behalf of your client yet, you can select a new product in the online mortgage transfer service for your client and a new offer will be issued. Please make sure you accept the correct offer for the deal they wish to book.
• If you've already accepted their new deal and it hasn't yet started, you can change to a different deal or cancel the one that’s already booked for them. You must do this at least 14 days before their new deal starts. Please see the ‘How to change or cancel a pre-booked deal’ section on the product transfers page.

Whilst a product transfer is pending, your client can't make any other changes to their mortgage until that new deal has started. This includes a switch to interest only for 6 months or a term increase under the Mortgage Charter, and other changes such as overpayments.

Further information

• You must submit your new business applications and product transfer requests on our current ranges by 10pm on Tuesday 3 March.
• Full details of our new business range can be found in the rate bulletin (issue 5) and new build rate bulletin (issue 5) on our latest mortgage rates page on Wednesday 4 March.
• From Wednesday 4 March you can log on to our online mortgage transfer service in Introducer Internet to view your client’s choice of product transfer rates. Full details can be found in the product transfer rate bulletin (effective 4 March 2026) on our latest mortgage rates page.