We’re committed to giving you as much notice as possible when we need to reprice our products. In the current market, we endeavour to give you at least 24 hours notice. That’s why we’re giving you the heads up that we’ll be withdrawing our current residential fixed-rate products at midnight on Friday 30th June. New rates will be available on Saturday 1st July.
In exceptional circumstances, we may have to withdraw earlier, but we’ll always let you know if this is the case.
Applications submitted after this date will use the new products.
You can view our current products in our product guide.
Why are rates increasing?
We’re seeing a persistent increase in swap rates over the past few days. In response to this upward trend, we’re adjusting our 5-year fixed rates.
5-year fixed swap rates are currently higher than levels seen on the 1st of October 2022 following the changes brought about by the mini-budget.