We’re increasing rates in our Buy to Let New Business product range
We know timely updates help you support your clients, so we’ll aim to give you at least 24 hours’ notice of any upcoming changes.
On Thursday 2 April, we’re increasing rates in our Buy to let New Business product range. The current range will be withdrawn at 10pm, Wednesday 1 April and the new range will be available at 8am, Thursday 2 April.
What’s changing?
- Tracker rates will be increasing by up to 0.20%
- End dates will be extended to 31 July
Please note, new products will only be available to view on the live date
What else do you need to know?
Please note that a full mortgage application must be submitted by the time of withdrawal to secure a new lending product. If you are yet to submit a DIP, please do so as soon as possible as any referrals will only be looked at during normal office hours.
For Buy to Let applications, the product selected will impact the maximum loan we can offer. As a product cannot be selected at DIP stage, it is important that brokers use our rental calculator, which can be found here, as this allows them to input the details of the product required and provide a more accurate maximum lending amount. The actual maximum lending available will be determined at the point a Full Mortgage Application is submitted.