New limited edition residential owner occupied products
We’ve launched new limited edition residential mortgage rates, helping you to find the right mortgage for your clients.
- Level 1 – limited editions
►2 year fixed with zero fee, 5.94% to 85% LTV
►2 year fixed with zero fee, 5.99% to 90% LTV
►2 year fixed with zero fee, 6.29% to 95% LTV
- Level 2 – limited editions
►2 year fixed with zero fee, 6.48% to 85% LTV
►2 year fixed with zero fee, 6.64% to 90% LTV
Helping you to unlock more opportunities for your residential clients
Following the email we sent you yesterday with the improvements we’ve made to our residential owner occupied mortgages, we’re now introducing these limited editions to make it even easier for your clients to get the lending they need.
The improvements we’re making are designed to help you unlock greater borrowing potential for clients who benefit from a specialist approach.
First time buyers
We lend up to 95% LTV across Level 1 and up to 90% LTV on Level 2. We’ve improved LTI limits of up to 6x income for eligible borrowers. Plus, we’ve reduced stress rates on 2 & 3 year fixed rates to help improve affordability. Use our online calculator to see how much your client could borrow.
Self-employed and Contractors
To better support your clients working under the Construction Industry Scheme (CIS) and those on zero-hour contracts, we can now calculate affordability based on gross annual income. For CIS workers, it will be based on the average weekly pay over the latest three months, x46 weeks and for zero-hour workers we’ll need 12 months income evidence. View
Adverse credit
We continue to support clients with less-than-perfect credit. The changes we’ve made to affordability and LTIs, together with our product options and competitive rates, make it easier for you to find a suitable solution for clients looking to get back on track.