The continuing changes across the current economic environment are affecting us all, and successive increases in the Bank of England’s base rate. So Together is having to make changes to some of their Commercial Finance rates, whilst still remaining competitive in our markets.
From 19th August, any new cases keyed on My Broker Venue will reflect these new rates below:
Buy to Let from:
- 2 year fixed rate 6.45%
- 5 year fixed rate 6.75%
- Variable rate 5.75%
Commercial Term from:
- 5 year fixed rate 9.75%
- Variable rate 8.99%
Homeowner Business Loans from:
- 5 year fixed rate 9.25%
- Variable rate 8.25%
The above changes will be applied to any new cases keyed on to my broker venue and will also apply to any existing case that is requoted from 19th August.
You can see the full product details and updated rates in their product cards.
Key Pipeline dates for 19th August 2022 Commercial Finance product changes:
| Quoted Before | Submitted Before | Funded By |
| 19th August 2022 | 2nd September 2022 | 30th September 2022 |
Please bear in mind, that the rate changes will also apply to any pipeline cases which are requoted on or after 19th August 2022.