NEW PRODUCTS AND PRODUCT CHANGES LAUNCHING THIS WEEK
Note: All fixed rate products now have new fixed rate end dates
Owner Occupier – Repayment
- Core range and Family Mortgage fixed rates increase by 10bps
- Joint Borrower Sole Proprietor (JBSP) fixed rates increase by 5bps
- Offset rates reduce by 25bps. Floor rates set at 2.50% below launch pay rate
Owner Occupier – Interest-Only
- 60% LTV fixed rates increase by 25bps.
- No change to 80% LTV fixed rates
- Discount rates – 60% LTV variants reduce by 25bps, 80% LTV variants by 50bps. Floor rates set at 2.50% below launch pay rate
UK Landlord Buy to Let
- 70% LTV 5-year fixed rate restricted in availability for new business purposes, being semi-exclusive to our Packaging Partners
- Offsets reduce by 25bps. Floor rates set at 2.50% below launch pay rate
Limited Company SPV & Expat Buy to Let
- No changes