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New business and product transfer fixed rate increases
On Wednesday 14 January, we’re increasing some new business residential fixed rates.
In our product transfer range, we’re increasing some residential and Buy to Let fixed rates.
There are no changes to tracker rates or our new business large loan and BTL ranges.
New business
Fixed rate increases
- Residential home mover inc. new build – all 60% and 75% LTV 3 year fixed rates increasing by up to 0.10%. All 60% and 95% LTV 5 year fixed rates increasing by up to 0.10%.
- FTB inc. new build – all 85%, 90% and 95% LTV 5 year fixed rates increasing by up to 0.06%.
- Residential remortgage – 60% LTV 2 year fixed rate with a £1999 fee increasing by 0.01%. All 60% and 75% LTV 5 year fixed rates increasing by up to 0.07%.
Product transfers
Fixed rate increases
- Residential – all 60% and 75% LTV 5 and 7 year fixed rates increasing by up to 0.07%. 75% LTV 2 year fixed rate with a £1999 fee increasing by 0.01%.
- BTL – all 60% LTV 2 and 5 year fixed rates increasing by up to 0.06%.
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.
Monthly housekeeping
Roll on of our new business benefit end date, charge end dates and completion deadlines by 1 month.
Completion deadlines will roll on to:
- 31 July 2026 for FTB and home movers
- 30 November 2026 for new build only products
- 3 August 2026 for remortgages
- 5 June 2026 for product transfers
Product codes will be replaced across the new business and product transfer ranges.
Further information
You must submit your new business applications and product transfer requests on our current ranges by 10pm on Tuesday 13 January.
Full details of our new business range can be found in the rate bulletin (issue 1) and new build rate bulletin (issue 1) on our latest mortgage rates page on Wednesday 14 January.
From Wednesday 14 January 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 14 January 2026) on our latest mortgage rates page.