Important updates and product changes from Together
New 0.65% Regulated Bridging rate plus much more.
As we move into February we’re excited to share with you some further enhancements to our products.
Personal finance changes.
- We’ve reduced our Regulated Bridging rate to 0.65% with a max LTV of 50% and 0.75% with a max LTV of 70%. We’re also increasing the procuration fee to 2%.
- On our first charge 5 year fixed product we’ve reduced the rate to 5.99% on capital repayment and 6.49% for interest only.
- We’ve also launched a new 5 year fixed rate on our Consumer Buy-to-Let product at 6.99%.
We will be introducing early repayment charges on our first charge 5 year fixed product.
We’ve also recently changed our criteria across our personal finance products to allow more cases to use Hometrack’s automatic valuation model in a move designed to reduce costs and speed up mortgage applications.
Commercial finance changes:
- On our Residential Bridge, Buy-to-Let and Homeowner Business Loans we’re increasing the LTV to 75% for a purchase and 70% for a refinance or second charge.
You can also find out more and view the latest product information on our website.