Product Updates Effective 31/05/2023
New business deals
|
Max LTV of borrowers share |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
95% |
5.59% fixed until 31/08/2025 – Shared Ownership |
£499* |
Purchase |
18881 |
|
95% |
5.99% fixed until 31/08/2025 – Shared Ownership (CB) |
£0 |
Purchase |
18882 |
New switcher deals
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
75% |
4.84% fixed until 30/09/2025 |
£0 |
Switcher |
18866 |
|
75% |
4.54% variable until 30/09/2025 |
£0 |
Switcher |
18869 |
|
75% |
4.74% fixed until 30/09/2026 |
£0 |
Switcher |
18871 |
|
75% |
4.64% fixed until 30/09/2028 |
£0 |
Switcher |
18873 |
|
95% |
4.79% variable until 30/09/2025 |
£0 |
Switcher |
18870 |
|
95% |
5.14% fixed until 30/09/2028 |
£0 |
Switcher |
18874 |
|
95% |
5.24% fixed until 30/09/2026 |
£0 |
Switcher |
18872 |
|
95% |
5.34% fixed until 30/09/2025 |
£0 |
Switcher |
18867 |
|
100% |
5.54% fixed until 30/09/2025 |
£0 |
Switcher |
18868 |
* Any fees added to the mortgage cannot exceed 95% LTV
- No booking fee applies to all products in this update.
- A product floor rate applies to all discounted products which is set to a standard rate of 2.50% during the discounted period.
- 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.
Products being withdrawn
|
LTV |
Product Description |
Completion Fee |
Product Type |
Product Code |
|
75% |
4.54% variable until 31/08/2025 |
£0 |
Switcher |
18823 |
|
75% |
4.64% fixed until 31/08/2025 |
£0 |
Switcher |
18820 |
|
75% |
4.59% fixed until 31/08/2026 |
£0 |
Switcher |
18825 |
|
75% |
4.44% fixed until 31/08/2028 |
£0 |
Switcher |
18827 |
|
95% |
5.14% fixed until 31/08/2025 |
£0 |
Switcher |
18821 |
|
95% |
4.79% variable until 31/08/2025 |
£0 |
Switcher |
18824 |
|
95% |
4.94% fixed until 31/08/2028 |
£0 |
Switcher |
18828 |
|
95% |
5.09% fixed until 31/08/2026 |
£0 |
Switcher |
18826 |
|
100% |
5.34% fixed until 31/08/2025 |
£0 |
Switcher |
18822 |
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