Important Changes To together Products
Together has taken the decision to temporarily pause lending on all fixed-rate products as it fully assesses the impact of the current market.
This pause will not affect any of Together’s personal finance variable rate products, which remain available to their adviser partners and customers.
Fixed Rate Pipeline
- Pre Offer – They will pause working on cases placed on a fixed product whilst they review their product range. They will keep you updated on your cases as soon as possible.
- Post Offer – They will continue to honour these cases, however, these MUST complete within the offer validity period. Unfortunately, they WILL NOT be able to approve any extension requests.
Key Dates for Variable Rates
- Any cases loaded onto MBV prior to today on their variable product card plans, dated 2nd September 2022, will be honoured (unless re-quoted). For any new cases loaded today onwards, the new pricing will apply.
- They will require these cases to be fully packaged and submitted to their underwriting team by 17:00 on Wednesday 12th October.
- These cases then need to progress to offer by 17:00 on Wednesday 9th November.
Their Team Is Available to Assist
They want to make it clear that this is a temporary measure to give them the time needed to comprehensively assess what is an incredibly uncertain market, and to ensure they have the right product suite for this challenging environment. They will continue to keep their packager partners up-to-date on any developments.
Together is committed to keeping you updated on your cases and their products during this time and will continue to share their latest information with you as soon as they can.
In the meantime, if you have cases to discuss or require any further information, please give them a call or contact the broker support team on 0161 933 7101.
