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Changes to our mortgage rates

6th February 2014

We are delighted to announce that from Thursday 6th February we will be reducing our arrangement fee offer residential 2 year fixed rate product.

The new rate will be:

  • Arrangement fee offer 2 year fixed rate 75% LTV, initial rate 2.49%.

In addition to this rate reduction, there will also be a number of changes to other products.

The following products will be withdrawn:

  • Residential 2 year fixed rate 60% LTV, capital and interest with an initial rate of 2.19%
  • Residential 2 year fixed rate 70% LTV, capital and interest with an initial rate of 2.29%
  • Residential 2 year fixed rate 60% LTV, interest only with an initial rate of 2.39%
  • Residential 2 year fixed rate 70% LTV, interest only with an initial rate of 2.49%

The following rates will be changing:

  • Residential 5 year fixed rate 75% LTV capital and interest will have an initial rate of 3.49%
  • Residential 5 year fixed rate 75% LTV, interest only will have an initial rate of 3.69%
  • Residential 2 year fixed rate 60% LTV, loan over £1m will have an initial rate of 2.39%
  • Residential 5 year fixed rate 60% LTV, loan over £1m will have an initial rate of 3.59%

All other rates remain unchanged. Applications on withdrawn products or rates being replaced will be accepted until 5pm on Friday 7th February 2014.

Full details are available on our products pages.

For more information please speak to your Relationship Partner.

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