Now Available - New Discounted Standard Variable Rate Products

9th October 2014

Today we have introduced a new range of discounted standard variable rate products and the withdrawal of a number of our Offset discounted SVR products.

Discounted Standard Variable Rate

• 2 Year discounted SVR <75% with an initial rate of 2.59%.
• 2 Year discounted SVR <80% with an initial rate of 2.79%.
• 2 Year discounted SVR <75% (Interest only) with an initial rate of 2.79%.
• 2 Year discounted SVR <60% (Loans >£1m) with an initial rate of 2.69%.
• 2 Year discounted SVR <60% (Interest only and Loans >£1m) with an initial rate of 2.89%.

Product withdrawals

• 2 year offset discounted SVR <60%
• 2 year offset discounted SVR <85%
• 2 year offset discounted SVR <85% (>£500K)
• 2 year offset discounted SVR <90%
• 2 year offset discounted SVR <90%(>£500K)
• 2 year offset discounted SVR <60% (Interest only)

Offset Discounted SVR price change

• 2 Year offset discounted SVR <60% (Loans >£1m) with an initial rate of 2.89%.
• 2 Year offset discounted SVR <60% (Interest only and Loans >£1m) with an initial rate of 3.09%.

New product information will be available on our website from Thursday October 9th.

To assist you with pipeline cases you may have, we will accept applications on the withdrawn rates until 5.00pm on Thursday October 9th.

Cases received after this time/date will not be accepted. You may use the Banks upload facility to submit cases to us.

For more information please contact your Relationship Partner