Product Updates Effective 12/07/2023

Products being withdrawn

LTV

Product Description

Completion Fee

Product Type

Product Code

75%

5.84% fixed until 30/11/2025

£999

Purchase

18984

75%

6.09% fixed until 30/11/2025

£0

Purchase

18985

75%

5.64% fixed until 30/11/2026

£999

Purchase

18990

75%

5.79% fixed until 30/11/2026

£0

Purchase

18991

75%

5.44% fixed until 30/11/2028

£999

Purchase

18996

75%

5.54% fixed until 30/11/2028

£0

Purchase

18997

95%

6.64% fixed until 30/11/2025

£999*

Purchase

18986

95%

6.39% fixed until 30/11/2026

£499*

Purchase

18992

95%

6.14% fixed until 30/11/2028

£499*

Purchase

18999

75%

5.84% fixed until 30/11/2025 (CB)

£999

Remortgage

18988

75%

6.14% fixed until 30/11/2025 (CB)

£0

Remortgage

18989

75%

5.64% fixed until 30/11/2026 (CB)

£999

Remortgage

18994

75%

5.84% fixed until 30/11/2026 (CB)

£0

Remortgage

18995

75%

5.44% fixed until 30/11/2028 (CB)

£999

Remortgage

19000

75%

5.54% fixed until 30/11/2028 (CB)

£0

Remortgage

19001


Max LTV of borrowers share

Product Description

Completion Fee

Product Type

Product Code

90%

6.34% fixed until 30/11/2025 –

Shared Ownership

£0

Purchase

18957

90%

6.09% fixed until 30/11/2026 –

Shared Ownership

£0

Purchase

18979

90%

6.14% fixed until 30/11/2028 –

Shared Ownership (CB)

£0

Purchase

18982

95%

6.34% fixed until 30/11/2025 –

Shared Ownership

£499*

Purchase

18958

95%

6.69% fixed until 30/11/2025 –

Shared Ownership (CB)

£0

Purchase

18959

95%

6.39% fixed until 30/11/2026 –

Shared Ownership

£0

Purchase

18980

95%

6.29% fixed until 30/11/2028 –

Shared Ownership (CB)

£0

Purchase

18983


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

  • 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 6.49% 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.

Processing your new business DIPs

The deadline for the completion of new business DIPS on the products being withdrawn is 5pm on Tuesday 11 July 2023.

If you have already completed a DIP Illustration, pipeline applications will be accepted until 5pm on Tuesday 18 July 2023.