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New business and product transfer fixed rate increases
On Tuesday 3 February, we’re increasing selected residential and Buy to Let fixed rates in our new business and product transfer ranges.
There are no changes to our large loan range, tracker rates or BTL product transfer range.
New business
Fixed rate increases
- Residential home mover inc. new build – all 75%, 85% and 90% LTV 2 year fixed rates increasing by up to 0.04%. All 60% and selected 75% LTV 3 and 5 year fixed rates increasing by up to 0.07%.
- FTB inc. new build – selected 85% and all 90% and 95% LTV 2 and 5 year fixed rates increasing by up to 0.06%.
- Residential remortgage – all 60% and 75% LTV 3 and 5 year fixed rates increasing by up to 0.04%.
- BTL purchase – all 60% and 75% LTV 5 year fixed rates increasing by 0.04%.
- BTL remortgage – all 60%, 65% and 75% LTV 5 year fixed rates increasing by
0.04%.
Product transfers
Fixed rate increases
- Residential – all 60% and selected 75% LTV 5 year fixed rates increasing by up to 0.04%.
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
Fixed rate product codes will be replaced across the new business and product transfer ranges.
You must submit your new business applications and product transfer requests on our current ranges by 10pm on Monday 2 February. Full details of our new business range can be found in the rate bulletin (issue 3) and new build rate bulletin (issue 3) on our latest mortgage rates page on Tuesday 3 February.
From Tuesday 3 February 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 3 February 2026) on our latest mortgage rates page.