Product Updates Effective 02/06/2023

* Any fees added to the mortgage cannot exceed 95% LTV

Max LTV of borrowers share	Product Description	Completion Fee	Product Type	Product Code
85%	5.84% fixed until 30/11/2028 – Shared Ownership	£0	Purchase	18895
90%	5.99% fixed until 30/11/2026 – Shared Ownership	£0	Purchase	18893
90%	6.04% fixed until 30/11/2028 – Shared Ownership (CB)	£0	Purchase	18896
95%	6.29% fixed until 30/11/2026 – Shared Ownership	£0	Purchase	18894
95%	6.19% fixed until 30/11/2028 – Shared Ownership (CB)	£0	Purchase	18897

No booking fee applies to all products in this update.
When the initial product rate ends the rate reverts to the Society’s Standard Variable Rate (SVR), currently 6.24% variable, or SVR with a potential reduction determined by your client’s Loan to Value at that time for the rest of the term.
All products will be charged interest to the date of redemption.

Max LTV of borrowers share	Product Description	Completion Fee	Product Type	Product Code
85%	5.34% fixed until 31/08/2028 – Shared Ownership	£0	Purchase	18795
90%	5.49% fixed until 31/08/2026 – Shared Ownership	£0	Purchase	18793
90%	5.49% fixed until 31/08/2028 (CB) – Shared Ownership	£0	Purchase	18796
95%	5.54% fixed until 31/08/2026 – Shared Ownership	£0	Purchase	18794

The deadline for the completion of new business DIPS on the products being withdrawn is close of business Thursday 1 June 2023.

If you have already completed a DIP Illustration, pipeline applications will be accepted until close of business Thursday 8 June 2023.

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