Product Updates Effective 07/02/2023
New business deals
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
75% |
4.54% fixed until 31/05/2025 |
£999 |
Purchase |
18685 |
|
75% |
4.79% fixed until 31/05/2025 |
£0 |
Purchase |
18686 |
|
75% |
4.54% fixed until 31/05/2026 |
£999 |
Purchase |
18687 |
|
75% |
4.79% fixed until 31/05/2026 |
£0 |
Purchase |
18688 |
|
75% |
4.44% fixed until 31/05/2028 |
£999 |
Purchase |
18689 |
|
75% |
4.54% fixed until 31/05/2028 |
£0 |
Purchase |
18690 |
New switcher deals
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
75% |
4.29% variable until 31/05/2025 |
£0 |
Switcher |
18694 |
|
75% |
4.54% fixed until 31/05/2025 |
£0 |
Switcher |
18691 |
|
75% |
4.44% fixed until 31/05/2026 |
£0 |
Switcher |
18697 |
|
75% |
4.64% variable until 31/05/2028 |
£0 |
Switcher |
18696 |
|
75% |
4.44% fixed until 31/05/2028 |
£0 |
Switcher |
18699 |
|
95% |
4.54% variable until 31/05/2025 |
£0 |
Switcher |
18695 |
|
95% |
5.04% fixed until 31/05/2025 |
£0 |
Switcher |
18692 |
|
95% |
4.94% fixed until 31/05/2026 |
£0 |
Switcher |
18698 |
|
95% |
4.94% fixed until 31/05/2028 |
£0 |
Switcher |
18700 |
|
100% |
5.24% fixed until 31/05/2025 |
£0 |
Switcher |
18693 |
|
75% |
5.39% fixed until 31/05/2025 – Help to Buy |
£0 |
Switcher |
18701 |
|
75% |
5.29% fixed until 31/05/2028 – Help to Buy |
£0 |
Switcher |
18702 |
|
Max LTV of borrowers share |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
95% |
5.39% fixed until 31/05/2025 – Shared Ownership |
£0 |
Switcher |
18703 |
|
95% |
5.29% fixed until 31/05/2028 – Shared Ownership |
£0 |
Switcher |
18704 |
- 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 5.99% 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Products being withdrawn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 |
|
75% |
4.79% fixed until 31/05/2025 |
£999 |
Purchase |
18644 |
|
75% |
5.04% fixed until 31/05/2025 |
£0 |
Purchase |
18645 |
|
75% |
4.79% fixed until 31/05/2026 |
£999 |
Purchase |
18652 |
|
75% |
5.04% fixed until 31/05/2026 |
£0 |
Purchase |
18653 |
|
75% |
4.69% fixed until 31/05/2028 |
£999 |
Purchase |
18635 |
|
75% |
4.79% fixed until 31/05/2028
|
£0 |
Purchase |
18636 |
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
75% |
3.84% variable until 30/04/2025 |
£0 |
Switcher |
18661 |
|
75% |
4.84% fixed until 30/04/2025 |
£0 |
Switcher |
18658 |
|
75% |
4.74% fixed until 30/04/2026 |
£0 |
Switcher |
18663 |
|
75% |
4.74% fixed until 30/04/2028 |
£0 |
Switcher |
18665 |
|
95% |
4.04% variable until 30/04/2025 |
£0 |
Switcher |
18662 |
|
95% |
5.04% fixed until 30/04/2025 |
£0 |
Switcher |
18659 |
|
95% |
4.94% fixed until 30/04/2026 |
£0 |
Switcher |
18664 |
|
95% |
4.94% fixed until 30/04/2028 |
£0 |
Switcher |
18666 |
|
100% |
5.24% fixed until 30/04/2025 |
£0 |
Switcher |
18660 |
|
75% |
5.39% fixed until 30/04/2025 – Help to Buy |
£0 |
Switcher |
18667 |
|
75% |
5.29% fixed until 30/04/2028 – Help to Buy |
£0 |
Switcher |
18668 |
|
Max LTV of borrowers share |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
95% |
5.39% fixed until 30/04/2025 – Shared Ownership |
£0 |
Switcher |
18669 |
|
95% |
5.29% fixed until 30/04/2028 – Shared Ownership |
£0 |
Switcher |
18670 |
Processing your new business DIPs
The deadline for the completion of new business DIPS on the products being withdrawn is close of business Monday 6 February 2023.
If you have already completed a DIP Illustration, pipeline applications will be accepted until close of business Monday 13 February 2023.
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