Product Updates Effective 30/06/2023
Products being withdrawn
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
60% |
5.54% fixed until 30/11/2025 – Interest Only |
£999 |
Purchase |
18952 |
|
75% |
5.54% fixed until 30/11/2025 |
£999 |
Purchase |
18946 |
|
75% |
5.79% fixed until 30/11/2025 |
£0 |
Purchase |
18947 |
|
60% |
5.59% fixed until 30/11/2025 – Interest Only (CB) |
£999 |
Remortgage |
18953 |
|
75% |
5.59% fixed until 30/11/2025 (CB) |
£999 |
Remortgage |
18954 |
|
75% |
5.89% fixed until 30/11/2025 (CB) |
£0 |
Remortgage |
18955 |
- 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.
Processing your new business DIPs
The deadline for the completion of new business DIPs on the products being withdrawn is close of business Thursday 29 June 2023.
If you have already completed a DIP Illustration, pipeline applications will be accepted until close of business Thursday 6 July 2023.
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