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Launch of residential New Build exclusives up to 95% LTV
On Friday 1 March, we’re launching a range of New Build 3 year fixed rate exclusives for residential purchases up to 95% LTV. We’re also reducing an 85% LTV residential New Build 3 year fixed rate exclusive. All New Build exclusives come with a 9 month completion deadline.
From Tuesday 27 February, the maximum LTV for standard residential new build houses and flats increased to 95%.
There will be no change to tracker and large loan rates or the Buy to Let and product transfer ranges.
New business
- New residential 3 year fixed rates for New Build purchases up to 95% LTV including:
- 90% LTV 3 year fixed rate at 4.97% with a £999 product fee.
- 90% LTV 3 year fixed rate at 5.15% with no product fee.
- 95% LTV 3 year fixed rate at 5.39% with no product fee and £250 cashback.
- 85% LTV New Build exclusive 3 year fixed rate with no product fee reducing by 0.08% to 5.10% for residential purchases.
- All New Build exclusives come with a 9 month completion deadline.
- Standard residential 85% LTV 3 year fixed rate at 5.18% with no product fee for purchases is being withdrawn.
Further information
Full details of our new business range can be found in Rate Bulletin (Issue 7). You’ll find this on our Latest mortgage rates page from Friday 1 March.
You must submit your new business applications on our current range by 10pm on Thursday 29 February.