Product Updates Effective 23/08/2022
New business deals
|
Max LTV of borrowers share |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
90% |
4.24% fixed until 30/11/2024 – Shared Ownership |
£0 |
Purchase |
18443 |
|
90% |
4.24% fixed until 30/11/2025 – Shared Ownership |
£0 |
Purchase |
18445 |
|
90% |
4.34% fixed until 30/11/2027 (CB) – Shared Ownership |
£0 |
Purchase |
18447 |
|
95% |
4.39% fixed until 30/11/2024 – Shared Ownership |
£0 |
Purchase |
18444 |
|
95% |
4.39% fixed until 30/11/2025 – Shared Ownership |
£0 |
Purchase |
18446 |
|
95% |
4.49% fixed until 30/11/2027 (CB) – Shared Ownership |
£0 |
Purchase |
18448 |
- No booking fee applies to all products in this update.
- All products revert to Standard Variable Rate (currently 5.24% variable) for the rest of the term.
- All products will be charged interest to the date of redemption.
Products being withdrawn
|
Max LTV of borrowers share |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
90% |
3.94% fixed until 30/11/2024 – Shared Ownership |
£0 |
Purchase |
18296 |
|
90% |
3.94% fixed until 30/11/2025 – Shared Ownership |
£0 |
Purchase |
18301 |
|
90% |
4.14% fixed until 30/11/2027 (CB) – Shared Ownership |
£0 |
Purchase |
18382 |
|
95% |
4.04% fixed until 30/11/2024 – Shared Ownership |
£0 |
Purchase |
18297 |
|
95% |
4.04% fixed until 30/11/2025 – Shared Ownership |
£0 |
Purchase |
18302 |
|
95% |
4.24% fixed until 30/11/2027 (CB) – Shared Ownership |
£0 |
Purchase |
18383 |
Processing your new business DIPs
The deadline for the completion of new business DIPs on the products being withdrawn is close of business Monday 22 August 2022.
If you have already completed a DIP Illustration, pipeline applications will be accepted until close of business Monday 29 August 2022.
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