Here is the latest release from Norton Home Loans. For their product details click here.
2nd Charge Lending Rates Review
Following the recent Bank of England Base Rate changes Norton Home Loans have undertaken a review of our 2nd Charge Lending Rates and with effect from 14th July 2022 there will be an increase on all our Secured Loan Lending Plans.
Please find below the Secured Loan Lending July 2022 Matrix 
Secured loan lending July 2022
What do I need to do?
If you have produced a Binding Offer then you do not need to do anything further. We will notify any customers who are affected by the variable rate change. Any fixed rates will remain the same until the offer expires, after which the deal will need to be resold on the new products.
If you have produced a Mortgage Illustration (ESIS) before 14th July 2022 but have not yet received an offer we will honour the rate on the ESIS, providing a Binding Offer is issued by close of business 27th July 2022.
If an offer has not been issued by 28th July 2022 then this will need to be regenerated to reflect the increase in interest rate. Please ensure your customer is aware of this and receives a copy of the revised Illustration ASAP.