Improvements to selected residential and BTL deals

14 September 2016

On Wednesday 14 September, we made a number of improvements to selected 2, 3 and 5 year fixed rate residential deals and selected 2 and 5 year fixed rate BTL deals.

Summary of changes

Selected residential 2 year fixed rates have been reduced, including:

• 2 Year Fixed Rate available at 80% LTV has been reduced to 1.68% with a £995 fee (with £300 cashback for purchase customers)
• 2 Year Fixed Rate Fee Saver Option available at 95% LTV has been reduced to 3.75% (available to purchase and product transfer customers only, with £300 cashback for purchase customers)

Selected residential 3 and 5 year fixed rates with a £995 fee have been reduced, including:

• 3 Year Fixed Rate available at 65% LTV has been reduced to 1.69%
• 3 Year Fixed Rate available at 80% LTV has been reduced to 1.98% (with £300 cashback for purchase customers)
• 5 Year Fixed Rate available at 65% LTV has been reduced to 1.97%
• 5 Year Fixed Rate available at 85% LTV has been reduced to 2.44% (with £300 cashback for purchase customers)

Selected BTL 2 and 5 year fixed rates have been reduced, including:

• 2 Year Fixed Rate available at 75% LTV has been reduced to 2.45% with a £995 fee and £500 cashback
• 5 Year Fixed Rate available at 75% LTV has been reduced to 3.37% with a £995 fee and £500 cashback

Additional Information:

End dates remain unchanged at 1 November of the relevant year across all products.

For full details of the updated range, please view the latest Mortgage Update.