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:

• 2 Year Fixed Rate available up to 65% LTV has been reduced to 1.44%
• 2 Year Fixed Rate available up to 90% LTV has been reduced to 2.35%
• 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:

• 2 Year Fixed Rate at 95% LTV has been reduced to 3.79% with no product fee
• 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:

• 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)
• 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:

• 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)
• 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.