This is to apply to our C&I mortgages ONLY for the time being. Therefore your semi exclusives will remain in place for IO/ExPATs etc which is certainly slightly nicer news this morning
The fixed rates being withdrawn are all owner-occupier capital and interest repayment mortgages:
- XF0643 (5.44% 60%LTV)
- XF0644 (5.54% 80% LTV)
- XF0645 JMSO (5.54% 60% LTV)
- XF0646 JMSO (5.64% 80% LTV),
- XF0647 5.59% Family Mortgage:
These fixed rates remain available to existing borrowers for product switches and further advances. All other products remain on sale as normal.
We will continue to have our Owner Occupier Offset Product available in the interim which is a discounted variable rate and you can always switch over to the new fixed rates when they are launched.
Unfortunately due to market conditions, I am unable to give you a definitive date as to when we will return with Fixed Rates on C&I however I will keep you informed as soon as I hear any news.