Product Updates Effective 23/06/2023

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

Max LTV of borrowers share	Product Description	Completion Fee	Product Type	Product Code
85%	6.29% fixed until 30/11/2025 – Shared Ownership	£0	Purchase	18956
90%	6.34% fixed until 30/11/2025 – Shared Ownership	£0	Purchase	18957
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

* 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 6.24% 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%	6.19% fixed until 30/11/2025 – Shared Ownership	£0	Purchase	18902
90%	6.24% fixed until 30/11/2025 – Shared Ownership	£0	Purchase	18903
95%	6.24% fixed until 30/11/2025 – Shared Ownership	£499*	Purchase	18904
95%	6.59% fixed until 30/11/2025 – Shared Ownership (CB)	£0	Purchase	18905

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

The deadline for the completion of new business DIPS on the products being withdrawn is close of business Thursday 22 June 2023.

If you have already completed a DIP Illustration, pipeline applications will be accepted until close of business Thursday 29 June 2023.

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