Semi Exclusive Product Overview

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Please find attached  the new updated semi-exclusive products that have launched today.

Short Overview of Products:

  1. Owner Occupier Semi-Exclusives
    • 2-Year Fixed Rate (Interest-Only):
      • Initial Rate: 5.24% (60% LTV, Product Code: XF1170)
      • Initial Rate: 5.39% (80% LTV, Product Code: XF1171)
      • Followed by Managed Mortgage Rate: 7.69%
      • APRC: 7.4%
      • Early Repayment Charges: 2% until 31/03/2027, 1% until 31/03/2028
      • Product Fee: £0
    • 5-Year Fixed Rate (Interest-Only):
      • Initial Rate: 5.19% (60% LTV, Product Code: XF1175)
      • Initial Rate: 5.19% (60% LTV, Product Code: XF1175)
      • Followed by Managed Mortgage Rate: 7.69%
      • APRC: 6.6%-6.7%
      • Early Repayment Charges: 5%-1% (reducing annually)
      • Product Fee: £0
    • Additional Details:
      • Application Fee: £175 + Valuation Fees (free for properties ≤ £500,000; £330 discount for properties > £500,000).
      • Cashback: £500 for remortgage legal costs.
      • Loan Range: £45,000 – £500,000.
  1. Buy to Let Ltd Companies Semi-Exclusives
    • 5-Year Fixed Rate:
      • Initial Rate: 5.29% (75% LTV, Product Code: XF1147)
      • Followed by RI Managed Mortgage Rate: 8.44%
      • APRC: 7.6%
      • Early Repayment Charges: 5%-1% (reducing annually)
      • Product Fee: 1% of loan amount (min £1,000)
    • Additional Details:
      • Application Fee: £175 + Valuation Fees (varies by property type).
      • Cashback: £500 for remortgage legal costs.
      • Loan Range: £45,000+ for purchase/remortgage; £2,000+ for further advances.
      • SPV registered in England/Wales under SIC Codes: 68100, 68209, 68320.
  1. Expat Buy to Let Semi-Exclusives
    • 5-Year Fixed Rate (Interest-Only):
      • Initial Rate: 5.34% (75% LTV, Product Code: XF1189)
      • Followed by RI Managed Mortgage Rate: 8.44%
      • APRC: 7.7%
      • Early Repayment Charges: 5%-1% (reducing annually)
      • Product Fee: 1% of loan amount (min £1,000)
    • Additional Details:
      • Application Fee: £175 + Valuation Fees (varies by property type).
      • Cashback: £500 for remortgage legal costs.
      • Loan Range: £45,000 – £500,000.

General Notes:

  • Products are for purchase/remortgage of properties in England/Wales.
  • Minimum applicant age: 18 years.
  • Product Fee: 1% of loan amount (min £1,000
  • Limited funds available; products may be withdrawn anytime.
  • For personalized illustrations, contact the Mortgage Desk at 01372 744155.