Product Updates Effective 14/07/2023
New business deals
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
75% |
6.49% fixed until 30/11/2025 |
£999 |
Purchase |
19025 |
|
75% |
6.74% fixed until 30/11/2025 |
£0 |
Purchase |
19026 |
|
75% |
6.39% fixed until 30/11/2026 |
£999 |
Purchase |
19031 |
|
75% |
6.54% fixed until 30/11/2026 |
£0 |
Purchase |
19032 |
|
75% |
6.04% fixed until 30/11/2028 |
£999 |
Purchase |
19037 |
|
75% |
6.14% fixed until 30/11/2028 |
£0 |
Purchase |
19038 |
|
95% |
7.04% fixed until 30/11/2025 |
£999* |
Purchase |
19027 |
|
95% |
7.24% fixed until 30/11/2025 |
£0 |
Purchase |
19028 |
|
95% |
6.89% fixed until 30/11/2026 |
£499* |
Purchase |
19033 |
|
95% |
6.99% fixed until 30/11/2026 |
£0 |
Purchase |
19034 |
|
95% |
6.79% fixed until 30/11/2028 (CB) |
£0 |
Purchase |
19039 |
|
95% |
6.69% fixed until 30/11/2028 |
£499* |
Purchase |
19040 |
|
75% |
6.39% fixed until 30/11/2026 (CB) |
£999 |
Remortgage |
19035 |
|
75% |
6.59% fixed until 30/11/2026 (CB) |
£0 |
Remortgage |
19036 |
|
75% |
6.04% fixed until 30/11/2028 (CB) |
£999 |
Remortgage |
19041 |
|
75% |
6.19% fixed until 30/11/2028 (CB) |
£0 |
Remortgage |
19042 |
|
Max LTV of borrowers share |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
85% |
6.84% fixed until 30/11/2025 – Shared Ownership |
£0 |
Purchase |
19043 |
|
85% |
6.49% fixed until 30/11/2028 – Shared Ownership |
£0 |
Purchase |
19049 |
|
90% |
6.89% fixed until 30/11/2025 – Shared Ownership |
£0 |
Purchase |
19044 |
|
90% |
6.69% fixed until 30/11/2026 – Shared Ownership |
£0 |
Purchase |
19047 |
|
90% |
6.69% fixed until 30/11/2028 – Shared Ownership (CB) |
£0 |
Purchase |
19050 |
|
95% |
6.89% fixed until 30/11/2025 – Shared Ownership |
£499* |
Purchase |
19045 |
|
95% |
7.24% fixed until 30/11/2025 – Shared Ownership (CB) |
£0 |
Purchase |
19046 |
|
95% |
6.99% fixed until 30/11/2026 – Shared Ownership |
£0 |
Purchase |
19048 |
|
95% |
6.84% fixed until 30/11/2028 – Shared Ownership (CB) |
£0 |
Purchase |
19051 |
* 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.
Products being withdrawn
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
95% |
6.84% fixed until 30/11/2025 |
£0 |
Purchase |
18987 |
|
95% |
6.49% fixed until 30/11/2026 |
£0 |
Purchase |
18993 |
|
95% |
6.24% fixed until 30/11/2028 (CB) |
£0 |
Purchase |
18998 |
|
Max LTV of borrowers share |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
85% |
5.94% fixed until 30/11/2028 – Shared Ownership |
£0 |
Purchase |
18981 |
|
85% |
6.29% fixed until 30/11/2025 – Shared Ownership |
£0 |
Purchase |
18956 |
Processing your new business DIPs
The deadline for the completion of new business DIPS on the products being withdrawn is 5pm on Thursday 13 July 2023.
If you have already completed a DIP Illustration, pipeline applications will be accepted until 5pm on Thursday 20 July 2023.
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