Product Updates Effective 04/04/2023
New business deals
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
90% |
4.94% variable until 31/08/2025
|
£999 |
Purchase |
18799 |
|
80% |
4.74% variable until 31/08/2025 (CB)
|
£999 |
Remortgage |
18800 |
|
Max LTV of borrowers share |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
85% |
5.44% fixed until 31/08/2025 – Shared Ownership |
£0 |
Purchase |
18791 |
|
85% |
5.34% fixed until 31/08/2028 – Shared Ownership |
£0 |
Purchase |
18795 |
|
90% |
5.49% fixed until 31/08/2025 – Shared Ownership |
£0 |
Purchase |
18792 |
|
90% |
5.49% fixed until 31/08/2026 – Shared Ownership |
£0 |
Purchase |
18793 |
|
90% |
5.49% fixed until 31/08/2028 – Shared Ownership (CB) |
£0 |
Purchase |
18796 |
|
90% |
5.29% fixed until 31/08/2028 – Shared Ownership |
£999 |
Purchase |
18797 |
|
95% |
5.54% fixed until 31/08/2026 – Shared Ownership |
£0 |
Purchase |
18794 |
|
95% |
5.54% fixed until 31/08/2028 – Shared Ownership (CB) |
£0 |
Purchase |
18798 |
New switcher deals
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
75% |
4.34% fixed until 31/07/2025 |
£0 |
Switcher |
18801 |
|
75% |
4.54% variable until 31/07/2025 |
£0 |
Switcher |
18804 |
|
75% |
4.24% fixed until 31/07/2026 |
£0 |
Switcher |
18806 |
|
75% |
4.24% fixed until 31/07/2028 |
£0 |
Switcher |
18808 |
|
95% |
4.79% variable until 31/07/2025 |
£0 |
Switcher |
18805 |
|
95% |
4.84% fixed until 31/07/2025 |
£0 |
Switcher |
18802 |
|
95% |
4.74% fixed until 31/07/2026 |
£0 |
Switcher |
18807 |
|
95% |
4.74% fixed until 31/07/2028 |
£0 |
Switcher |
18809 |
|
100% |
5.14% fixed until 31/07/2025 |
£0 |
Switcher |
18803 |
|
75% |
5.09% fixed until 31/07/2025 – Help to Buy |
£0 |
Switcher |
18810 |
|
75% |
4.99% fixed until 31/07/2028 – Help to Buy |
£0 |
Switcher |
18811 |
|
75% |
4.99% fixed until 31/07/2025 – Assisted Mortgage |
£0 |
Switcher |
18814 |
|
Max LTV of borrowers share |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
95% |
5.09% fixed until 31/07/2025 – Shared Ownership |
£0 |
Switcher |
18812 |
|
95% |
4.99% fixed until 31/07/2028 – Shared Ownership |
£0 |
Switcher |
18813 |
- No booking fee applies to all products in this update.
- A product floor rate applies to all discounted products which is set to a standard rate of 2.50% during the discounted period.
- 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.
Products being withdrawn
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
90% |
4.69% variable until 31/05/2025
|
£999 |
Purchase |
18676 |
|
80% |
4.49% variable until 31/05/2025 |
£999 |
Remortgage |
18677 |
|
Max LTV of borrowers share |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
85% |
5.84% fixed until 31/05/2025 – Shared Ownership |
£0 |
Purchase |
18680 |
|
90% |
5.99% fixed until 31/05/2026 – Shared Ownership |
£0 |
Purchase |
18681 |
|
95% |
6.09% fixed until 31/05/2026 – Shared Ownership |
£0 |
Purchase |
18683 |
|
90% |
5.99% fixed until 31/05/2028 – Shared Ownership |
£0 |
Purchase |
18682 |
|
95% |
6.09% fixed until 31/05/2028 – Shared Ownership |
£0 |
Purchase |
18684 |
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
75% |
4.29% variable until 30/06/2025 |
£0 |
Switcher |
18737 |
|
75% |
4.79% fixed until 30/06/2025 |
£0 |
Switcher |
18734 |
|
75% |
4.69% fixed until 30/06/2026 |
£0 |
Switcher |
18740 |
|
75% |
4.44% fixed until 30/06/2028 |
£0 |
Switcher |
18742 |
|
75% |
4.64% variable until 30/06/2028 |
£0 |
Switcher |
18739 |
|
95% |
5.29% fixed until 30/06/2025 |
£0 |
Switcher |
18735 |
|
95% |
4.54% variable until 30/06/2025 |
£0 |
Switcher |
18738 |
|
95% |
5.19% fixed until 30/06/2026 |
£0 |
Switcher |
18741 |
|
95% |
4.94% fixed until 30/06/2028 |
£0 |
Switcher |
18743 |
|
100% |
5.49% fixed until 30/06/2025 |
£0 |
Switcher |
18736 |
|
75% |
5.39% fixed until 30/06/2025 – Help to Buy |
£0 |
Switcher |
18744 |
|
75% |
5.29% fixed until 30/06/2028 – Help to Buy |
£0 |
Switcher |
18745 |
|
75% |
5.29% fixed until 30/06/2025 – Assisted Mortgage |
£0 |
Switcher |
18754 |
|
Max LTV of borrowers share |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
95% |
5.39% fixed until 30/06/2025 – Shared Ownership |
£0 |
Switcher |
18746 |
|
95% |
5.29% fixed until 30/06/2028 – Shared Ownership |
£0 |
Switcher |
18747 |
Processing your new business DIPs
The deadline for the completion of new business DIPS on the products being withdrawn is close of business Monday 3 April 2023.
If you have already completed a DIP Illustration, pipeline applications will be accepted until close of business Monday 10 April 2023.
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