We’ve reduced BTL rates
10 March 2023
We wanted to let you know that we made changes to the following products on Friday 10 March.
Remortgage Exclusives
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BTL 50% LTV 2 Year Fixed Rate with £3,995 fee reduced by 0.45% to 4.18%.
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BTL 60% LTV 2 Year Fixed Rate with £3,995 fee reduced by 0.45% to 4.28%.
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BTL 50% LTV 5 Year Fixed Rate with £3,995 fee reduced by 0.34% to 4.20%.
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BTL 60% LTV 5 Year Fixed Rate with £3,995 fee reduced by 0.34% to 4.25%.
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BTL Portfolio 2 and 5 year fixed rates with £3,995 fee reduced by up to 0.45%.
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NEW Residential 75% LTV 7 Year Fixed Rate fee-saver at 4.34%.
Residential Purchase Exclusives
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Selected 2 and 5 year fixed rates will be reduced by up to 0.10%.
Core
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NEW Residential 3 year fixed rates up to 90% LTV launched starting from 4.46%.
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Selected residential and BTL 2 and 5 year fixed rates will be reduced by up to 0.33%.
Richard Walker, Head of Intermediary Sales
We know landlords looking for a new deal have seen market challenges over the last 6 months as rates have increased. To assist BTL customers we have made some reductions to our range with rates starting from 4.18% with a £3,995 fee.
We’ve also made the following changes:
Residential Remortgage Exclusives
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Selected 2 and 5 year fixed rates increased by up to 0.15%.
Residential Purchase Exclusives
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Selected 2 and 5 year fixed rates increased by up to 0.05%.
Core Residential
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75% LTV 10 Year Fixed Rate with £995 fee increased by 0.20%.
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Selected 2 year fixed rates increased by up to 0.04%.
You can find our current rates in our Mortgage Update.