Announcement
Ensure you’re up-to-date
We’re delighted to confirm the changes to our PROposition we announced at the end of last week are now live.
Here is a brief summary of the changes:
- We’ve introduced our new 2-year and 10-year fixed rates.
- We’ve repriced across some of our Buy-to-let and Commercial Investment products.
- We’ve revised our ERCs to link them to the fixed rate period, rather than loan term.
- Our product switch and refinance arrangement fees have increased from 1.5% to 2%.
Pipeline Reminder
All Indicative Mortgage Offers (IMOs) must progress to valuation within 14 days and all Formal Mortgage Offers (FMOs) must be signed and returned within 14 days in order to remain valid. FMOs are valid for 90 days.
Please see the original email for full details, or speak to your BDM who will be happy to guide you through these changes.