Reductions on low-LTV deals

17 July 2020

On Friday 17 July, we reduced selected rates in our product range. Changes apply to residential rates at 65% LTV and BTL rates at 75% LTV to help customers who are looking to fix at a lower rate.

Core

• 65% LTV 5 Year Fixed Rate with £995 fee has been reduced to 1.39% with free valuation for purchase customers or free valuation and free legals for remortgage customers
• BTL 75% LTV 2 and 3 year fixed rate with £1,995 fee have been reduced to 1.64%
• BTL 75% LTV 5 Year Fixed Rate with £995 fee has been reduced to 2.14%

Portfolio Landlords

• BTL 75% LTV 2 Year Fixed Rate with £1,995 fee has been reduced to 1.74%
• BTL 75% LTV 5 Year Fixed Rate with £995 fee has been reduced to 2.24%

Intermediary Exclusive

• 65% LTV 5 Year Fixed Rate with £995 fee has been reduced to 1.39% with £500 cashback and free valuation for remortgage customers only

As communicated on Wednesday 15 July, we also made the following changes:

• Selected 85% LTV fixed rates have been increased by up to 0.20%
• Selected 90% LTV Shared Ownership fixed rates have been increased by up to 0.29%
• Selected 80% LTV BTL products have been withdrawn

Additional information

End dates remain at 1 November of the relevant year.

For full details of our current range, please view our Mortgage Update.