We’re increasing rates in our Residential New Business, Product Transfers/Additional Loans, and BTL New Business product ranges
Applies to: Residential New Business, Product Transfers/Additional Loans, and Buy to Let New Business
On Wednesday, 25 March, we’re increasing rates in our Residential New Business, Product Transfers/Additional Loans, and Buy to Let New Business product ranges. The current ranges will be withdrawn at 10pm, Tuesday 24 March and the new range will be available at 8am, Wednesday 25 March.
What’s changing?
Residential New Business
- Fixed rates will be increased by up to 0.42%
- 2-year Tracker rates will be increased by up to 0.17%
- End dates will be extended to 31 July
- Selected 95% LTV fixed rates will be withdrawn
Residential New Business product finder
Residential Product Transfers and Additional Loans
- Fixed rates will be increased by up to 0.40%
- End dates will be extended to 31 July
Residential Existing Borrower product finder
Buy to Let New Business
- Fixed rates will be increased by up to 0.41%
BTL New Business product finder
(please note, new products will only be available to view on the live date)
What else do you need to know?
New business – 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 you use our rental calculator, which can be found here, as this allows you 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.