New 90% LTV rates and wider reductions

24th February 2021

On Wednesday 24 February, we launched new 90% LTV Professional deals and made reductions across our residential range.

Our new 90% LTV Professional deals are available for purchase and remortgage, up to a maximum loan size of £750,000 in London* and £450,000 throughout the rest of the UK, with a maximum term of 30 years. These deals will not be available for flats or maisonettes, and new build purchases are excluded.

Summary of changes to new business rates:

Product	Current Rate	New Rate
2 Year Fixed <= 75% LTV - Fee Offer	1.79%	1.77%
2 Year Fixed <= 85% LTV - Fee Offer	2.99%	2.89%
5 Year Fixed <= 75% LTV - Fee Offer	1.89%	1.79%
2 Year Fixed <= 80% - Full C&I	1.99%	1.97%
5 Year Fixed <= 75% - Full C&I	1.70%	1.63%
2 Year Fixed <= 85% LTV - Professional	2.89%	2.85%
2 Year Fixed <= 90% LTV - Professional	N/A	3.44%
5 Year Fixed <= 90% LTV - Professional	N/A	3.64%
2 Year Fixed <= 85% LTV - Newly Qualified Professional	3.09%	3.05%

Who can apply for Professional products

Our Professional products are designed for customers where one or more of the applicants are fully qualified and employed in one of the following occupations: Accountant, Architect, Barrister, Chartered Surveyor, Dentist, Engineer, Financial Adviser (including Mortgage Adviser), Medical Doctor, Nurse, Optometrist, Pharmacist, Pilot, Police Officer, Solicitor, Teacher, Vet. For more information on customer eligibility for our Professional range, please see our Product Guide or our product pages.

*London postcodes starting E, EC, N, NW, SE, SW, W, WC, BR, CR, DA, EN, HA, IG, KT, RM, SM, TW or UB

Get in touch

For all lending policy and new business enquiries: