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PT rates going on sourcing systems
plus fixed rate increases and reductions
On Friday 26 September, we’re adding our product transfer rates to
sourcing systems, making it easier for you to review our PT rates and produce a mortgage illustration for your clients.
Plus in our product transfer range, we’re reducing some BTL fixed rates by up to 0.02%.
In our new business range, we’re increasing some 85% LTV FTB fixed rates including new build by up to 0.10%. Plus we’re reducing some residential and BTL fixed rates by up to 0.19%.
There are no changes to our new business large loan and BTL purchase rates or our new business and product transfer tracker rates.
New business
Fixed rate increases
- FTB inc. new build – selected 85% LTV 2, 3 and 5 year fixed rates increasing by up to 0.10%.
Fixed rate reductions
- FTB inc. new build – 95% LTV 2 and 5 year fixed rates reducing by up to 0.19%.
- Residential home mover inc. new build – all 60% and 75% LTV 2 and 5 year fixed rates reducing by up to 0.09%. All 90% LTV 2 year fixed rates reducing by 0.08%. All 95% LTV 2 and 5 year fixed rates reducing by up to 0.07%.
- Residential remortgage – selected 60% and 75% LTV 2 and 5 year fixed rates reducing by up to 0.08%.
- BTL remortgage – all 60%, 65% and 75% LTV 2 and 5 year fixed rates reducing by 0.05%.
Product transfers
- BTL – all 75% LTV 2 and 5 year fixed rates reducing by up to 0.02%.
For clients who want to change or cancel their new deal.
- If they haven’t accepted their product transfer offer yet, you can select a new
product in the online mortgage transfer service for them and a new offer will be issued. Please make sure your client accepts the correct offer for the deal they wish to book.
- If they’ve already accepted their new deal and it hasn’t 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
- You must submit your new business applications and product transfer requests on our current ranges by 10pm on Thursday 25 September.
- Full details of our new business range can be found in the rate bulletin (issue 25) and new build rate bulletin (issue 22) on our latest mortgage rates page on Friday 26 September.
- From Friday 26 September 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 26 September 2025) on our latest mortgage rates page.