Improvements to our mortgage range
02 September 2016
On Friday 2 September, we made a number of improvements to selected fixed rate residential, Buy to Let and Help to Buy Equity Loan products.
Summary of our reductions
Selected 2, 3 and 5 year fixed rates with a £995 fee, including:
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2 Year Fixed Rate available up to 65% LTV has been reduced to 1.44%
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2 Year Fixed Rate available up to 90% LTV has been reduced to 2.35%
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5 Year Fixed Rate available up to 65% LTV has been reduced to 1.99%
Selected Help to Buy Guarantee 2, 3 and 5 year fixed rates, including:
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2 Year Fixed Rate at 95% LTV has been reduced to 3.79% with no product fee
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5 Year Fixed Rate at 95% LTV has been reduced to 4.39% with no product fee
Buy to Let: selected 2 and 5 year fixed rates, including:
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2 Year Fixed Rate at 75% LTV has been reduced to 2.19% with a £1,995 fee (with £500 cashback for purchase and remortgage customers)
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5 Year Fixed Rate at 75% LTV has been reduced to 3.19% with a £1,995 fee (with £500 cashback for purchase and remortgage customers)
Help to Buy Equity loans: selected 2 and 5 year fixed rates, including:
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2 Year Fixed Rate available up to 75% LTV with a £995 fee has been reduced to 1.65% (with £500 cashback for purchase customers)
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5 Year Fixed Rate available up to 55% LTV with a £995 fee has been reduced to 2.19% (with £500 cashback for purchase customers)
We also increased selected 2 year tracker rates and withdrew the no-cashback product from our Help to Buy Equity Loan range.
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.