Fixed Rate Product Changes
Product Changes
Good morning,
Effective Thursday 12th May 2022, the following fixed rate products will be launched:-
Standard Residential
FIX 195 (initial pay rate 2.49%) Fixed 31 July 2024, 75% LTV, £499 completion fee
FIX 196 (initial pay rate 2.59%) Fixed 30 June 2027, 75% LTV, £199 app fee
FIX 197 (initial pay rate 2.69%) Fixed 31 July 2024, 80% LTV, £499 completion fee
FIX 198 (initial pay rate 2.75%) Fixed 30 June 202, 80% LTV, £199 app fee
FIX 199 (initial pay rate 2.89%) Fixed 31 July 2024, 85% LTV, £499 completion fee
FIX 200 (initial pay rate 2.85%) Fixed 30 June 2027, 85% LTV, £199 app fee
FIX 201 (initial pay rate 3.15%) Fixed 31 July 2024, 90% LTV, £499 completion fee
FIX 202 (initial pay rate 2.99%) Fixed 30 June 2027, 90% LTV, £199 app fee
Shared Ownership
FIX 203 (initial pay rate 3.55%) Shared Ownership Fixed 31 July 2024, 95% LTV, £199 app fee
FIX 204 (initial pay rate 3.79%) Shared Ownership Fixed 30 June 2027, 95% LTV, No fees
FIX 205 (initial pay rate 3.25%) Shared Ownership Fixed 30 June 2027, 90% LTV, No fees
Buy to Let
BTL 130 (initial pay rate 2.79%) Business BTL Fixed 31 July 2024, 75% LTV, Fees £199/£399
BTL 131 (initial pay rate 3.59%) HBTL Non Reg Fixed 30 June 2027, 75% LTV, Fees £199/£999
BTL 132 (initial pay rate 3.59%) HBTL Regulated Fixed 30 June 2027, 75% LTV, Fees £199/£999
Withdrawn products
FIX 184 – 2.29% Fixed 31 May 24
FIX 185 – 2.45% Fixed 30 Apr 27
FIX 183 – 2.45% Fixed 31 May 24
FIX 186 – 2.55% Fixed 30 Apr 27
FIX 188 – 2.69% Fixed 31 May 24
FIX 187 – 2.75% Fixed 30 Apr 27
FIX 189 – 2.89% Fixed 30 Apr 27
FIX 190 – 2.95% Fixed 31 May 24
FIX 181 – 3.49% Shared Ownership
FIX 182 – 3.79% Shared Ownership
FIX 179 – 3.25% Shared Ownership
BTL 124 – 2.59% Business Fixed 31 May 24
BTL 126 – 3.59% HBTL Non Reg
BTL 127 – 3.59% HBTL Regulated
Outstanding applications will be given a deadline of close of business on 12th May 2022 for submission.
For full details of our new products and criteria, please visit our website www.themeltonbrokers.co.uk.
Fixed Rate Product Changes- MBS Lending
Effective Thursday 12th May 2022, the following fixed rate products will be launched:-
Standard Residential
MBSL 177 (initial pay rate 3.74%) Near Prime Enhance Fixed to 31 July 2024, 70% LTV, Fees £150/£995
MBSL 178 (initial pay rate 4.74%) Near Prime Fixed to 31 July 2024, 70% LTV, Fees £150/£995
MBSL 180 (initial pay rate 5.74%) Credit Assist Fixed to 31 July 2024, 70% LTV, Fees £150/£1395
MBSL 179 (initial pay rate 6.74%) Credit Repair Fixed to 31 July 2024, 70% LTV, Fees £150/£1395
Product Transfers
MBSL 181 (initial pay rate 3.55%) Scheme Transfer Fixed to 31 July 2024, 70% LTV, No fees
MBSL 182 (initial pay rate 4.39%) Scheme Transfer Fixed to 31 July 2024, 95% LTV, No fees
Withdrawn products
MBSL 165 (initial pay rate 3.74%)
MBSL 166 (initial pay rate 4.74%)
MBSL 167 (initial pay rate 5.74%)
MBSL 168 (initial pay rate 6.74%)
MBSL 173 (initial ay rate 2.99%)
MBSL 174 (initial pay rate 3.49%)
Outstanding applications will be given a deadline of close of business on Thursday 12th May 2022 for submission.
For full details of our products and criteria, please visit our website www.mbslending.co.uk.