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On Thursday 8 May, we made changes to selected products.

We wanted to let you know that we made changes to the following products on Thursday 8 May.

Purchase

  • 80% LTV Exclusive 2 & 5 year fixed rates have been reduced by up to 0.06%, starting from 4.19%.
  • 95% LTV 2 Year Fixed Rate fee-saver has been reduced by 0.15%, to 5.09%.
  • 95% LTV 5 Year Fixed Rate fee-saver has been reduced by 0.09%, to 4.94%.
  • Shared Ownership fixed rates have been reduced by up to 0.20%, starting from 4.24%.

BTL

  • Selected 2 & 5 year fixed rates with 3% fee have been reduced by up to 0.32%, starting from 3.09%.
  • Selected 2 & 5 year fixed rates with 1% fee have been reduced by up to 0.07%, starting from 4.05%.
  • 2 & 5 year fixed rates with £2,195 fee have been reduced by up to 0.19%, starting from 4.02%.
  • 2 year fixed rates with £995 fee have been reduced by 0.05%, starting from 4.39%.
  • 75% LTV 2 Year Fixed Rate fee-saver has been reduced by 0.05%, to starting from 4.78%.

Product Transfer

  • Selected 65% & 75% LTV 2, 3 & 5 year fixed rates have been reduced by up to 0.15%.
  • Selected 2 & 3 year BTL rates have been reduced by 0.05%.

On Wednesday 7th April our additional borrowing pricing for existing customers was increased to a variable rate of 5.74% for residential and 6.24% for BTL. Our additional borrowing proposition provides flexibility, with no ERC and no product fee; enabling us to continue to support our customer’s evolving needs.

You can find our current rates in our Product Guide.

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