Reductions to selected Help to Buy Equity Loans and BTL products

02 June 2017

On Friday 2 June, we made changes to selected Residential, Help to Buy Equity Loan and BTL fixed rates.

Summary of changes

• Help to Buy Equity Loan 5 Year Fixed Rate available up to 75% LTV has been reduced to 2.25% with a £995 fee and £500 cashback

Selected BTL fixed rates will be reduced by up to 0.40%, including:

• 2 Year Fixed Rate available at 75% LTV has been reduced to 1.84% with a £1,995 fee
• 3 Year Fixed Rate available at 60% LTV has been reduced to 1.99% with a £1,995 fee
• 5 Year Fixed Rate available at 60% LTV has been reduced to 2.29% with a £1,995 fee

Remember, all BTL deals come with £500 cashback.

Product Withdrawals

We also made changes to the following 95% LTV fixed rate fee saver deals and withdrew our Marathon Runner Exclusive deals:

• 2 Year Fixed Rate available at 95% LTV has been increased to 4.14% with £300 cashback for purchase customers
• 3 Year Fixed Rate available at 95% LTV has been increased to 4.19% with £300 cashback for purchase customers
• Marathon Exclusive 5 Year Fixed Rate available at 65% LTV at 2.15% with no fee and £700 cashback has been withdrawn
• Marathon Exclusive 5 Year Fixed Rate available at 90% LTV at 2.89% with a £262 fee and £300 cashback has been withdrawn

Additional information

End dates have been extended to 1 October of the relevant year. For full details of our product range please view the mortgage update.