News
Improvements to selected residential fixed rate products
15 September 2017
On Friday 15 September, we made improvements to selected residential products and withdrew selected tracker and BTL percentage fee products.
Summary of changes
Core Range
Selected fixed rate products have been reduced, including:
• 2 Year Fixed Rate fee saver option at 90% LTV has been reduced to 2.44% with £300 cashback for purchase customers
• 3 Year Fixed Rate fee saver option at 85% LTV has been reduced to 2.23%
• 5 Year Fixed Rate fee saver option at 90% LTV has been reduced to 2.95% with £300 cashback for purchase customers
• 5 Year Fixed Rate at 90% LTV has been reduced to 2.72% with a £995 fee with £300 cashback for purchase customers (£500 cashback for first time buyers)
These products all come with free valuations and legals for remortgage customers.
As communicated on Wednesday, we have also amended the following products:
• 2 Year Fixed Rate fee saver option at 95% LTV has increased to 4.08% (only available to purchase customers)
• 3 year tracker rates from 65% to 85% LTV have been withdrawn
• All BTL fixed and tracker rates with 2.0% and 2.5% product fee options have been withdrawn
Additional information
End dates remained at 1 January of the relevant year across all products.
For full details of our product range, please view the Mortgage Update.
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