Product Updates Effective 25/02/2020
New Shared Ownership deals
|
Max LTV of borrowers share |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
90% |
2.89% fixed until 31/03/2022 (CB) |
£0 |
Purchase |
16674 |
|
90% |
2.94% fixed until 31/03/2023 (CB) |
£0 |
Purchase |
16675 |
|
90% |
3.14% fixed until 31/03/2025 (CB) |
£0 |
Purchase |
16676 |
New 95% LTV purchase deals
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
95% |
2.99% fixed until 31/03/2023 |
£0 |
Purchase |
16677 |
|
95% |
3.09% fixed until 31/03/2025 |
£0 |
Purchase |
16678 |
|
95% |
3.34% fixed until 31/03/2025 (CB) |
£0 |
Purchase |
16679 |
- No booking fee or completion fee applies to all products in this update.
- All products revert to Standard Variable Rate (currently 4.49% variable) for the rest of the term.
- All products will be charged interest to the date of redemption.
Products being withdrawn
|
Max LTV of borrowers share |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
90% |
2.59% fixed until 31/03/2022 (CB) |
£0 |
Purchase |
16581 |
|
90% |
2.64% fixed until 31/03/2023 (CB) |
£0 |
Purchase |
16584 |
|
90% |
2.84% fixed until 31/03/2025 (CB) |
£0 |
Purchase |
16587 |
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
95% |
2.89% fixed until 31/03/2023 |
£0 |
Purchase |
16649 |
|
95% |
2.99% fixed until 31/03/2025 |
£0 |
Purchase |
16650 |
|
95% |
3.29% fixed until 31/03/2025 (CB) |
£0 |
Purchase |
16602 |
Processing your DIPs
The deadline for the completion of DIPs on the products being withdrawn is close of business Monday 24 February 2020.
If you have already completed a DIP, either at refer or accept stage, pipeline applications will be accepted until close of business Monday 2 March 2020.
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