Effective from Friday 2^nd June 2023

 

Here’s a full list of the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO38195] 60% LTV, increasing by 55bps from 4.84% to 5.39%, product fee £0

[FO38194] 60% LTV, increasing by 55bps from 4.56% to 5.11%, product fee £995

[FO38198] 75% LTV, increasing by 55bps from 4.84% to 5.39%, product fee £0

[FO38196] 75% LTV, increasing by 55bps from 4.56% to 5.11%, product fee £995

[FO38200] 80% LTV, increasing by 45bps from 4.71% to 5.16%, product fee £995

[FO38201] 80% LTV, increasing by 45bps from 4.97% to 5.42%, product fee £0

[FO38202] 85% LTV, increasing by 45bps from 4.76% to 5.21%, product fee £995

[FO38203] 85% LTV, increasing by 45bps from 5.00% to 5.45%, product fee £0

[FO38204] 90% LTV, increasing by 45bps from 4.91% to 5.36%, product fee £995

[FO38205] 90% LTV, increasing by 45bps from 5.22% to 5.67%, product fee £0

[FO38206] 95% LTV, increasing by 45bps from 5.74% to 6.19%, product fee £0, cashback £350

2 year fixed rate remortgage

[FO38247] 60% LTV, increasing by 55bps from 4.79% to 5.34%, product fee £0, cashback £250

[FO38224] 60% LTV, increasing by 55bps from 4.54% to 5.09%, product fee £995

[FO38246] 60% LTV, increasing by 55bps from 4.54% to 5.09%, product fee £995, cashback £250

[FO38225] 60% LTV, increasing by 55bps from 4.79% to 5.34%, product fee £0

[FO38249] 75% LTV, increasing by 55bps from 4.84% to 5.39%, product fee £0, cashback £250

[FO38227] 75% LTV, increasing by 55bps from 4.84% to 5.39%, product fee £0

[FO38226] 75% LTV, increasing by 55bps from 4.59% to 5.14%, product fee £995

[FO38248] 75% LTV, increasing by 55bps from 4.59% to 5.14%, product fee £995, cashback £250

[FO38251] 80% LTV, increasing by 45bps from 4.99% to 5.44%, product fee £0, cashback £250

[FO38250] 80% LTV, increasing by 45bps from 4.69% to 5.14%, product fee £995, cashback £250

[FO38228] 80% LTV, increasing by 45bps from 4.69% to 5.14%, product fee £995

[FO38229] 80% LTV, increasing by 45bps from 4.99% to 5.44%, product fee £0

[FO38231] 85% LTV, increasing by 45bps from 4.99% to 5.44%, product fee £0

[FO38252] 85% LTV, increasing by 45bps from 4.79% to 5.24%, product fee £995, cashback £250

[FO38253] 85% LTV, increasing by 45bps from 4.99% to 5.44%, product fee £0, cashback £250

[FO38230] 85% LTV, increasing by 45bps from 4.79% to 5.24%, product fee £995

[FO38254] 90% LTV, increasing by 45bps from 5.28% to 5.73%, product fee £0, cashback £250

[FO38255] 90% LTV, increasing by 45bps from 4.99% to 5.44%, product fee £995, cashback £250

[FO38233] 90% LTV, increasing by 45bps from 5.28% to 5.73%, product fee £0

[FO38232] 90% LTV, increasing by 45bps from 4.99% to 5.44%, product fee £995

5 year fixed rate purchase

[FO38208] 60% LTV, increasing by 55bps from 4.17% to 4.72%, product fee £995

[FO38207] 60% LTV, increasing by 63bps from 4.04% to 4.67%, product fee £1,495

[FO38209] 60% LTV, increasing by 55bps from 4.29% to 4.84%, product fee £0

[FO38211] 75% LTV, increasing by 55bps from 4.22% to 4.77%, product fee £995

[FO38212] 75% LTV, increasing by 55bps from 4.31% to 4.86%, product fee £0

[FO38210] 75% LTV, increasing by 60bps from 4.12% to 4.72%, product fee £1,495

[FO38215] 80% LTV, increasing by 45bps from 4.46% to 4.91%, product fee £0

[FO38214] 80% LTV, increasing by 45bps from 4.36% to 4.81%, product fee £995

[FO38213] 80% LTV, increasing by 45bps from 4.31% to 4.76%, product fee £1,495

[FO38217] 85% LTV, increasing by 45bps from 4.41% to 4.86%, product fee £995

[FO38218] 85% LTV, increasing by 45bps from 4.51% to 4.96%, product fee £0

[FO38216] 85% LTV, increasing by 45bps from 4.36% to 4.81%, product fee £1,495

[FO38219] 90% LTV, increasing by 45bps from 4.54% to 4.99%, product fee £995

[FO38220] 90% LTV, increasing by 45bps from 4.66% to 5.11%, product fee £0

[FO38223] 95% LTV, increasing by 45bps from 5.13% to 5.58%, product fee £0, cashback £350

5 year fixed rate remortgage

[FO38256] 60% LTV, increasing by 59bps from 4.05% to 4.64%, product fee £1,495, cashback £250

[FO38234] 60% LTV, increasing by 59bps from 4.05% to 4.64%, product fee £1,495

[FO38235] 60% LTV, increasing by 55bps from 4.14% to 4.69%, product fee £995

[FO38236] 60% LTV, increasing by 55bps from 4.24% to 4.79%, product fee £0

[FO38257] 60% LTV, increasing by 55bps from 4.14% to 4.69%, product fee £995, cashback £250

[FO38258] 60% LTV, increasing by 55bps from 4.24% to 4.79%, product fee £0, cashback £250

[FO38260] 75% LTV, increasing by 55bps from 4.20% to 4.75%, product fee £995, cashback £250

[FO38237] 75% LTV, increasing by 55bps from 4.15% to 4.70%, product fee £1,495

[FO38238] 75% LTV, increasing by 55bps from 4.20% to 4.75%, product fee £995

[FO38259] 75% LTV, increasing by 55bps from 4.15% to 4.70%, product fee £1,495, cashback £250

[FO38239] 75% LTV, increasing by 55bps from 4.29% to 4.84%, product fee £0

[FO38261] 75% LTV, increasing by 55bps from 4.29% to 4.84%, product fee £0, cashback £250

[FO38240] 80% LTV, increasing by 45bps from 4.44% to 4.89%, product fee £995

[FO38263] 80% LTV, increasing by 45bps from 4.54% to 4.99%, product fee £0, cashback £250

[FO38262] 80% LTV, increasing by 45bps from 4.44% to 4.89%, product fee £995, cashback £250

[FO38241] 80% LTV, increasing by 45bps from 4.54% to 4.99%, product fee £0

[FO38243] 85% LTV, increasing by 45bps from 4.58% to 5.03%, product fee £0

[FO38265] 85% LTV, increasing by 45bps from 4.58% to 5.03%, product fee £0, cashback £250

[FO38264] 85% LTV, increasing by 45bps from 4.47% to 4.92%, product fee £995, cashback £250

[FO38242] 85% LTV, increasing by 45bps from 4.47% to 4.92%, product fee £995

[FO38245] 90% LTV, increasing by 45bps from 4.84% to 5.29%, product fee £0

[FO38267] 90% LTV, increasing by 45bps from 4.84% to 5.29%, product fee £0, cashback £250

[FO38266] 90% LTV, increasing by 45bps from 4.69% to 5.14%, product fee £995, cashback £250

[FO38244] 90% LTV, increasing by 45bps from 4.69% to 5.14%, product fee £995

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO38268] 85% LTV, increasing by 45bps from 4.76% to 5.21%, product fee £995, cashback £250

[FO38269] 85% LTV, increasing by 45bps from 5.00% to 5.45%, product fee £0, cashback £250

[FO38270] 90% LTV, increasing by 45bps from 4.91% to 5.36%, product fee £995, cashback £250

[FO38271] 90% LTV, increasing by 45bps from 5.22% to 5.67%, product fee £0, cashback £250

5 year fixed rate purchase

[FO38273] 85% LTV, increasing by 45bps from 4.51% to 4.96%, product fee £0, cashback £250

[FO38272] 85% LTV, increasing by 45bps from 4.41% to 4.86%, product fee £995, cashback £250

[FO38274] 90% LTV, increasing by 45bps from 4.54% to 4.99%, product fee £995, cashback £250

[FO38275] 90% LTV, increasing by 45bps from 4.66% to 5.11%, product fee £0, cashback £250

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate remortgage

[FO38277] 60% LTV, increasing by 55bps from 4.94% to 5.49%, product fee £0, cashback £500

[FO38276] 60% LTV, increasing by 55bps from 4.69% to 5.24%, product fee £995, cashback £500

[FO38279] 75% LTV, increasing by 55bps from 4.99% to 5.54%, product fee £0, cashback £500

[FO38278] 75% LTV, increasing by 55bps from 4.74% to 5.29%, product fee £995, cashback £500

5 year fixed rate remortgage

[FO38281] 60% LTV, increasing by 55bps from 4.39% to 4.94%, product fee £0, cashback £500

[FO38280] 60% LTV, increasing by 55bps from 4.29% to 4.84%, product fee £995, cashback £500

[FO38283] 75% LTV, increasing by 55bps from 4.44% to 4.99%, product fee £0, cashback £500

[FO38282] 75% LTV, increasing by 55bps from 4.35% to 4.90%, product fee £995, cashback £500

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO38284] 60% LTV, increasing by 55bps from 4.51% to 5.06%, product fee £995

[FO38285] 75% LTV, increasing by 55bps from 4.51% to 5.06%, product fee £995

[FO38286] 85% LTV, increasing by 45bps from 4.71% to 5.16%, product fee £995

2 year fixed rate remortgage

[FO38296] 60% LTV, increasing by 55bps from 4.49% to 5.04%, product fee £995, cashback £250

[FO38290] 60% LTV, increasing by 55bps from 4.49% to 5.04%, product fee £995

[FO38297] 75% LTV, increasing by 55bps from 4.54% to 5.09%, product fee £995, cashback £250

[FO38291] 75% LTV, increasing by 55bps from 4.54% to 5.09%, product fee £995

[FO38298] 85% LTV, increasing by 45bps from 4.74% to 5.19%, product fee £995, cashback £250

[FO38292] 85% LTV, increasing by 45bps from 4.74% to 5.19%, product fee £995

5 year fixed rate purchase

[FO38287] 60% LTV, increasing by 55bps from 4.12% to 4.67%, product fee £995

[FO38288] 75% LTV, increasing by 55bps from 4.17% to 4.72%, product fee £995

[FO38289] 85% LTV, increasing by 45bps from 4.36% to 4.81%, product fee £995

5 year fixed rate remortgage

[FO38293] 60% LTV, increasing by 55bps from 4.09% to 4.64%, product fee £995

[FO38299] 60% LTV, increasing by 55bps from 4.09% to 4.64%, product fee £995, cashback £250

[FO38294] 75% LTV, increasing by 55bps from 4.15% to 4.70%, product fee £995

[FO38300] 75% LTV, increasing by 55bps from 4.15% to 4.70%, product fee £995, cashback £250

[FO38301] 85% LTV, increasing by 45bps from 4.42% to 4.87%, product fee £995, cashback £250

[FO38295] 85% LTV, increasing by 45bps from 4.42% to 4.87%, product fee £995

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO38303] 60% LTV, increasing by 20bps from 4.59% to 4.79%, product fee £495

[FO38304] 60% LTV, increasing by 20bps from 4.79% to 4.99%, product fee £0

[FO38302] 60% LTV, increasing by 20bps from 4.49% to 4.69%, product fee £995

[FO38306] 75% LTV, increasing by 20bps from 4.84% to 5.04%, product fee £0

[FO38305] 75% LTV, increasing by 20bps from 4.54% to 4.74%, product fee £995

[FO38308] 80% LTV, increasing by 20bps from 4.99% to 5.19%, product fee £0

[FO38307] 80% LTV, increasing by 20bps from 4.65% to 4.85%, product fee £995

[FO38310] 85% LTV, increasing by 20bps from 4.99% to 5.19%, product fee £0

[FO38309] 85% LTV, increasing by 20bps from 4.74% to 4.94%, product fee £995

[FO38312] 90% LTV, increasing by 20bps from 5.19% to 5.39%, product fee £0

[FO38311] 90% LTV, increasing by 20bps from 4.94% to 5.14%, product fee £995

[FO38313] 100% LTV, increasing by 20bps from 5.09% to 5.29%, product fee £995

[FO38314] 100% LTV, increasing by 20bps from 5.29% to 5.49%, product fee £0

5 year fixed rate switcher

[FO38317] 60% LTV, increasing by 20bps from 4.24% to 4.44%, product fee £0

[FO38315] 60% LTV, increasing by 20bps from 4.09% to 4.29%, product fee £995

[FO38316] 60% LTV, increasing by 20bps from 4.17% to 4.37%, product fee £495

[FO38319] 75% LTV, increasing by 20bps from 4.29% to 4.49%, product fee £0

[FO38318] 75% LTV, increasing by 20bps from 4.15% to 4.35%, product fee £995

[FO38321] 80% LTV, increasing by 20bps from 4.49% to 4.69%, product fee £0

[FO38320] 80% LTV, increasing by 20bps from 4.39% to 4.59%, product fee £995

[FO38322] 85% LTV, increasing by 20bps from 4.39% to 4.59%, product fee £995

[FO38323] 85% LTV, increasing by 20bps from 4.49% to 4.69%, product fee £0

[FO38325] 90% LTV, increasing by 20bps from 4.79% to 4.99%, product fee £0

[FO38324] 90% LTV, increasing by 20bps from 4.59% to 4.79%, product fee £995

 

 

End dates

 

There are no changes to end dates

 

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm on Thursday 1^st June 2023.

 

If you’re unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must call the Business Development Team on 0345 026 0008 (Relay UK: 18001 0345 026 0008) by midday on Friday 2^nd June 2023. Requests received after this time will not be considered.

 

The detail we will require is as follows:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have spoken to the team, please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

We’re pleased to announce that following a review, we have decided to make changes to the various fees that we charge.

What’s Changing?

We’re reducing the unpaid/returned direct debit/cheque fees from £25/£35 to £10.

We’re also removing the following fees:

·         £75 valuation admin

·         £50 partial release of property

·         £85 security alteration

·         £75 giving a reference

·         £100 2nd charge questionnaire/consent to 2nd charge

·         £40 postponement of 2nd charge

·         £20 second duplicate statement

·         £47.50 re-inspection

Effective from Thursday 11th May 2023

 

Here’s a full list of the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO38020] 60% LTV, increasing by 10bps from 4.74% to 4.84%, product fee £0

[FO38019] 60% LTV, increasing by 7bps from 4.49% to 4.56%, product fee £995

[FO38021] 75% LTV, increasing by 2bps from 4.54% to 4.56%, product fee £995

[FO38022] 75% LTV, increasing by 6bps from 4.78% to 4.84%, product fee £0

2 year fixed rate remortgage

[FO38024] 60% LTV, increasing by 8bps from 4.46% to 4.54%, product fee £995

[FO38025] 60% LTV, increasing by 17bps from 4.62% to 4.79%, product fee £0

[FO38032] 60% LTV, increasing by 17bps from 4.62% to 4.79%, product fee £0, cashback £250

[FO38031] 60% LTV, increasing by 8bps from 4.46% to 4.54%, product fee £995, cashback £250

[FO38026] 75% LTV, increasing by 5bps from 4.54% to 4.59%, product fee £995

[FO38034] 75% LTV, increasing by 15bps from 4.69% to 4.84%, product fee £0, cashback £250

[FO38033] 75% LTV, increasing by 5bps from 4.54% to 4.59%, product fee £995, cashback £250

[FO38027] 75% LTV, increasing by 15bps from 4.69% to 4.84%, product fee £0

5 year fixed rate purchase

[FO38023] 60% LTV, increasing by 5bps from 4.24% to 4.29%, product fee £0

5 year fixed rate remortgage

[FO38029] 60% LTV, increasing by 6bps from 4.18% to 4.24%, product fee £0

[FO38028] 60% LTV, increasing by 4bps from 4.10% to 4.14%, product fee £995

[FO38036] 60% LTV, increasing by 6bps from 4.18% to 4.24%, product fee £0, cashback £250

[FO38035] 60% LTV, increasing by 4bps from 4.10% to 4.14%, product fee £995, cashback £250

[FO38037] 75% LTV, increasing by 5bps from 4.24% to 4.29%, product fee £0, cashback £250

[FO38030] 75% LTV, increasing by 5bps from 4.24% to 4.29%, product fee £0

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO38038] 60% LTV, increasing by 7bps from 4.64% to 4.71%, product fee £995, cashback £250

[FO38039] 60% LTV, increasing by 10bps from 4.89% to 4.99%, product fee £0

[FO38041] 75% LTV, increasing by 6bps from 4.93% to 4.99%, product fee £0

[FO38040] 75% LTV, increasing by 2bps from 4.69% to 4.71%, product fee £995, cashback £250

5 year fixed rate purchase

[FO38042] 60% LTV, increasing by 5bps from 4.39% to 4.44%, product fee £0

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate remortgage

[FO38043] 60% LTV, increasing by 8bps from 4.61% to 4.69%, product fee £995, cashback £500

[FO38044] 60% LTV, increasing by 17bps from 4.77% to 4.94%, product fee £0, cashback £500

[FO38046] 75% LTV, increasing by 15bps from 4.84% to 4.99%, product fee £0, cashback £500

[FO38045] 75% LTV, increasing by 5bps from 4.69% to 4.74%, product fee £995, cashback £500

5 year fixed rate remortgage

[FO38048] 60% LTV, increasing by 6bps from 4.33% to 4.39%, product fee £0, cashback £500

[FO38047] 60% LTV, increasing by 4bps from 4.25% to 4.29%, product fee £995, cashback £500

[FO38049] 75% LTV, increasing by 5bps from 4.39% to 4.44%, product fee £0, cashback £500

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO38050] 60% LTV, increasing by 7bps from 4.44% to 4.51%, product fee £995

[FO38051] 75% LTV, increasing by 2bps from 4.49% to 4.51%, product fee £995

2 year fixed rate remortgage

[FO38052] 60% LTV, increasing by 8bps from 4.41% to 4.49%, product fee £995

[FO38055] 60% LTV, increasing by 8bps from 4.41% to 4.49%, product fee £995, cashback £250

[FO38056] 75% LTV, increasing by 5bps from 4.49% to 4.54%, product fee £995, cashback £250

[FO38053] 75% LTV, increasing by 5bps from 4.49% to 4.54%, product fee £995

5 year fixed rate remortgage

[FO38057] 60% LTV, increasing by 4bps from 4.05% to 4.09%, product fee £995, cashback £250

[FO38054] 60% LTV, increasing by 4bps from 4.05% to 4.09%, product fee £995

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO38059] 60% LTV, increasing by 8bps from 4.41% to 4.49%, product fee £995

[FO38058] 60% LTV, increasing by 8bps from 4.51% to 4.59%, product fee £495

[FO38060] 60% LTV, increasing by 17bps from 4.62% to 4.79%, product fee £0

[FO38062] 75% LTV, increasing by 15bps from 4.69% to 4.84%, product fee £0

[FO38061] 75% LTV, increasing by 5bps from 4.49% to 4.54%, product fee £995

5 year fixed rate switcher

[FO38065] 60% LTV, increasing by 10bps from 4.14% to 4.24%, product fee £0

[FO38063] 60% LTV, increasing by 4bps from 4.05% to 4.09%, product fee £995

[FO38064] 60% LTV, increasing by 6bps from 4.11% to 4.17%, product fee £495

[FO38066] 75% LTV, increasing by 5bps from 4.24% to 4.29%, product fee £0

[FO38067] 80% LTV, increasing by 5bps from 4.34% to 4.39%, product fee £995

[FO38068] 85% LTV, increasing by 5bps from 4.34% to 4.39%, product fee £995

 

 

End dates

 

There are no changes to end dates

 

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm on Wednesday 10th May 2023.

 

If you’re unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Thursday 11th May 2023. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email, please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Wednesday 3rd May 2023

 

Here’s a full list of the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

5 year fixed rate remortgage

[FO37891] 80% LTV, increasing by 10bps from 4.44% to 4.54%, product fee £0, cashback £250

[FO37955] 85% LTV, increasing by 10bps from 4.37% to 4.47%, product fee £995

[FO37952] 85% LTV, increasing by 10bps from 4.48% to 4.58%, product fee £0

[FO37893] 85% LTV, increasing by 10bps from 4.48% to 4.58%, product fee £0, cashback £250

[FO37892] 85% LTV, increasing by 10bps from 4.37% to 4.47%, product fee £995, cashback £250

[FO37895] 90% LTV, increasing by 10bps from 4.74% to 4.84%, product fee £0, cashback £250

[FO37894] 90% LTV, increasing by 10bps from 4.59% to 4.69%, product fee £995, cashback £250

[FO37951] 90% LTV, increasing by 10bps from 4.59% to 4.69%, product fee £995

[FO37768] 90% LTV, increasing by 10bps from 4.74% to 4.84%, product fee £0

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO37774] 85% LTV, increasing by 10bps from 4.90% to 5.00%, product fee £0, cashback £250

[FO37773] 85% LTV, increasing by 10bps from 4.66% to 4.76%, product fee £995, cashback £250

[FO37776] 90% LTV, increasing by 10bps from 5.12% to 5.22%, product fee £0, cashback £250

[FO37775] 90% LTV, increasing by 10bps from 4.81% to 4.91%, product fee £995, cashback £250

5 year fixed rate purchase

[FO37778] 85% LTV, increasing by 10bps from 4.41% to 4.51%, product fee £0, cashback £250

[FO37777] 85% LTV, increasing by 10bps from 4.31% to 4.41%, product fee £995, cashback £250

[FO37779] 90% LTV, increasing by 10bps from 4.44% to 4.54%, product fee £995, cashback £250

[FO37780] 90% LTV, increasing by 10bps from 4.56% to 4.66%, product fee £0, cashback £250

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO37782] 60% LTV, increasing by 10bps from 4.79% to 4.89%, product fee £0

[FO37781] 60% LTV, increasing by 10bps from 4.54% to 4.64%, product fee £995, cashback £250

[FO37783] 75% LTV, increasing by 10bps from 4.59% to 4.69%, product fee £995, cashback £250

[FO37784] 75% LTV, increasing by 10bps from 4.83% to 4.93%, product fee £0

5 year fixed rate purchase

[FO37785] 60% LTV, increasing by 10bps from 4.22% to 4.32%, product fee £995, cashback £250

[FO37786] 60% LTV, increasing by 10bps from 4.29% to 4.39%, product fee £0

[FO37788] 75% LTV, increasing by 10bps from 4.36% to 4.46%, product fee £0

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO37707] 60% LTV, increasing by 10bps from 4.39% to 4.49%, product fee £995

[FO37708] 60% LTV, increasing by 10bps from 4.64% to 4.74%, product fee £0

[FO37710] 75% LTV, increasing by 10bps from 4.68% to 4.78%, product fee £0

[FO37709] 75% LTV, increasing by 10bps from 4.44% to 4.54%, product fee £995

[FO37961] 80% LTV, increasing by 10bps from 4.87% to 4.97%, product fee £0

[FO37711] 80% LTV, increasing by 10bps from 4.61% to 4.71%, product fee £995

[FO37713] 85% LTV, increasing by 10bps from 4.66% to 4.76%, product fee £995

[FO37960] 85% LTV, increasing by 10bps from 4.90% to 5.00%, product fee £0

[FO37716] 90% LTV, increasing by 10bps from 5.12% to 5.22%, product fee £0

[FO37959] 90% LTV, increasing by 10bps from 4.81% to 4.91%, product fee £995

[FO37718] 95% LTV, increasing by 10bps from 5.64% to 5.74%, product fee £0, cashback £350

2 year fixed rate remortgage

[FO37738] 60% LTV, increasing by 15bps from 4.31% to 4.46%, product fee £995

[FO37874] 60% LTV, increasing by 15bps from 4.31% to 4.46%, product fee £995, cashback £250

[FO37875] 60% LTV, increasing by 13bps from 4.49% to 4.62%, product fee £0, cashback £250

[FO37739] 60% LTV, increasing by 13bps from 4.49% to 4.62%, product fee £0

[FO37740] 75% LTV, increasing by 20bps from 4.34% to 4.54%, product fee £995

[FO37741] 75% LTV, increasing by 10bps from 4.59% to 4.69%, product fee £0

[FO37876] 75% LTV, increasing by 20bps from 4.34% to 4.54%, product fee £995, cashback £250

[FO37877] 75% LTV, increasing by 10bps from 4.59% to 4.69%, product fee £0, cashback £250

[FO37879] 80% LTV, increasing by 10bps from 4.89% to 4.99%, product fee £0, cashback £250

[FO37878] 80% LTV, increasing by 10bps from 4.59% to 4.69%, product fee £995, cashback £250

[FO37953] 80% LTV, increasing by 10bps from 4.89% to 4.99%, product fee £0

[FO37742] 80% LTV, increasing by 10bps from 4.59% to 4.69%, product fee £995

[FO37881] 85% LTV, increasing by 10bps from 4.89% to 4.99%, product fee £0, cashback £250

[FO37880] 85% LTV, increasing by 15bps from 4.64% to 4.79%, product fee £995, cashback £250

[FO37747] 85% LTV, increasing by 10bps from 4.89% to 4.99%, product fee £0

[FO37745] 85% LTV, increasing by 15bps from 4.64% to 4.79%, product fee £995

[FO37749] 90% LTV, increasing by 10bps from 4.89% to 4.99%, product fee £995

[FO37883] 90% LTV, increasing by 10bps from 5.18% to 5.28%, product fee £0, cashback £250

[FO37882] 90% LTV, increasing by 10bps from 4.89% to 4.99%, product fee £995, cashback £250

[FO37954] 90% LTV, increasing by 10bps from 5.18% to 5.28%, product fee £0

5 year fixed rate purchase

[FO37958] 60% LTV, increasing by 10bps from 4.07% to 4.17%, product fee £995

[FO37956] 60% LTV, increasing by 10bps from 3.94% to 4.04%, product fee £1,495

[FO37723] 60% LTV, increasing by 10bps from 4.14% to 4.24%, product fee £0

[FO37725] 75% LTV, increasing by 10bps from 4.02% to 4.12%, product fee £1,495

[FO37727] 75% LTV, increasing by 10bps from 4.21% to 4.31%, product fee £0

[FO37726] 75% LTV, increasing by 10bps from 4.12% to 4.22%, product fee £995

[FO37730] 80% LTV, increasing by 10bps from 4.36% to 4.46%, product fee £0

[FO37728] 80% LTV, increasing by 10bps from 4.21% to 4.31%, product fee £1,495

[FO37729] 80% LTV, increasing by 10bps from 4.26% to 4.36%, product fee £995

[FO37733] 85% LTV, increasing by 10bps from 4.41% to 4.51%, product fee £0

[FO37731] 85% LTV, increasing by 10bps from 4.26% to 4.36%, product fee £1,495

[FO37732] 85% LTV, increasing by 10bps from 4.31% to 4.41%, product fee £995

[FO37734] 90% LTV, increasing by 10bps from 4.44% to 4.54%, product fee £995

[FO37735] 90% LTV, increasing by 10bps from 4.56% to 4.66%, product fee £0

[FO37736] 95% LTV, increasing by 10bps from 5.03% to 5.13%, product fee £0, cashback £350

5 year fixed rate remortgage

[FO37885] 60% LTV, increasing by 16bps from 3.94% to 4.10%, product fee £995, cashback £250

[FO37884] 60% LTV, increasing by 14bps from 3.91% to 4.05%, product fee £1,495, cashback £250

[FO37962] 60% LTV, increasing by 14bps from 3.91% to 4.05%, product fee £1,495

[FO37756] 60% LTV, increasing by 16bps from 3.94% to 4.10%, product fee £995

[FO37757] 60% LTV, increasing by 10bps from 4.08% to 4.18%, product fee £0

[FO37886] 60% LTV, increasing by 10bps from 4.08% to 4.18%, product fee £0, cashback £250

[FO37889] 75% LTV, increasing by 15bps from 4.09% to 4.24%, product fee £0, cashback £250

[FO37758] 75% LTV, increasing by 21bps from 3.94% to 4.15%, product fee £1,495

[FO37887] 75% LTV, increasing by 21bps from 3.94% to 4.15%, product fee £1,495, cashback £250

[FO37957] 75% LTV, increasing by 15bps from 4.09% to 4.24%, product fee £0

[FO37759] 75% LTV, increasing by 21bps from 3.99% to 4.20%, product fee £995

[FO37888] 75% LTV, increasing by 21bps from 3.99% to 4.20%, product fee £995, cashback £250

[FO37761] 80% LTV, increasing by 10bps from 4.34% to 4.44%, product fee £995

[FO37763] 80% LTV, increasing by 10bps from 4.44% to 4.54%, product fee £0

[FO37890] 80% LTV, increasing by 10bps from 4.34% to 4.44%, product fee £995, cashback £250

 

Shared Equity

Residential

Rate Changes

5 year fixed rate purchase

[FO37787] 75% LTV, increasing by 10bps from 4.27% to 4.37%, product fee £995, cashback £250

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate remortgage

[FO37789] 60% LTV, increasing by 15bps from 4.46% to 4.61%, product fee £995, cashback £500

[FO37791] 75% LTV, increasing by 20bps from 4.49% to 4.69%, product fee £995, cashback £500

5 year fixed rate remortgage

[FO37793] 60% LTV, increasing by 16bps from 4.09% to 4.25%, product fee £995, cashback £500

[FO37795] 75% LTV, increasing by 21bps from 4.14% to 4.35%, product fee £995, cashback £500

Rate Changes and Cashback Changes

2 year fixed rate remortgage

[FO37790] 60% LTV, increasing by 13bps from 4.64% to 4.77%, product fee £0, cashback increasing from £0 to £500

[FO37792] 75% LTV, increasing by 10bps from 4.74% to 4.84%, product fee £0, cashback increasing from £0 to £500

5 year fixed rate remortgage

[FO37794] 60% LTV, increasing by 10bps from 4.23% to 4.33%, product fee £0, cashback increasing from £0 to £500

[FO37796] 75% LTV, increasing by 15bps from 4.24% to 4.39%, product fee £0, cashback increasing from £0 to £500

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO37797] 60% LTV, increasing by 10bps from 4.34% to 4.44%, product fee £995

[FO37798] 75% LTV, increasing by 10bps from 4.39% to 4.49%, product fee £995

[FO37799] 85% LTV, increasing by 10bps from 4.61% to 4.71%, product fee £995

2 year fixed rate remortgage

[FO37809] 60% LTV, increasing by 15bps from 4.26% to 4.41%, product fee £995, cashback £250

[FO37803] 60% LTV, increasing by 15bps from 4.26% to 4.41%, product fee £995

[FO37810] 75% LTV, increasing by 20bps from 4.29% to 4.49%, product fee £995, cashback £250

[FO37804] 75% LTV, increasing by 20bps from 4.29% to 4.49%, product fee £995

[FO37811] 85% LTV, increasing by 15bps from 4.59% to 4.74%, product fee £995, cashback £250

[FO37805] 85% LTV, increasing by 15bps from 4.59% to 4.74%, product fee £995

5 year fixed rate purchase

[FO37800] 60% LTV, increasing by 10bps from 4.02% to 4.12%, product fee £995

[FO37801] 75% LTV, increasing by 10bps from 4.07% to 4.17%, product fee £995

[FO37802] 85% LTV, increasing by 10bps from 4.26% to 4.36%, product fee £995

5 year fixed rate remortgage

[FO37806] 60% LTV, increasing by 14bps from 3.91% to 4.05%, product fee £995

[FO37812] 60% LTV, increasing by 14bps from 3.91% to 4.05%, product fee £995, cashback £250

[FO37807] 75% LTV, increasing by 21bps from 3.94% to 4.15%, product fee £995

[FO37813] 75% LTV, increasing by 21bps from 3.94% to 4.15%, product fee £995, cashback £250

[FO37814] 85% LTV, increasing by 10bps from 4.32% to 4.42%, product fee £995, cashback £250

[FO37808] 85% LTV, increasing by 10bps from 4.32% to 4.42%, product fee £995

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO37817] 60% LTV, increasing by 18bps from 4.44% to 4.62%, product fee £0

[FO37815] 60% LTV, increasing by 15bps from 4.26% to 4.41%, product fee £995

[FO37816] 60% LTV, increasing by 16bps from 4.35% to 4.51%, product fee £495

[FO37818] 75% LTV, increasing by 20bps from 4.29% to 4.49%, product fee £995

[FO37819] 75% LTV, increasing by 15bps from 4.54% to 4.69%, product fee £0

[FO37821] 80% LTV, increasing by 10bps from 4.89% to 4.99%, product fee £0

[FO37820] 80% LTV, increasing by 6bps from 4.59% to 4.65%, product fee £995

[FO37822] 85% LTV, increasing by 15bps from 4.59% to 4.74%, product fee £995

[FO37823] 85% LTV, increasing by 10bps from 4.89% to 4.99%, product fee £0

[FO37825] 90% LTV, increasing by 5bps from 5.14% to 5.19%, product fee £0

[FO37824] 90% LTV, increasing by 5bps from 4.89% to 4.94%, product fee £995

[FO37826] 100% LTV, increasing by 5bps from 5.04% to 5.09%, product fee £995

2 year tracker rate switcher

[TO6026] 60% LTV, decreasing by 81bps from 5.49% to 4.68%, product fee £0

[TO6027] 75% LTV, decreasing by 85bps from 5.54% to 4.69%, product fee £0

[TO6028] 80% LTV, decreasing by 65bps from 5.54% to 4.89%, product fee £0

[TO6029] 85% LTV, decreasing by 70bps from 5.59% to 4.89%, product fee £0

[TO6030] 90% LTV, decreasing by 25bps from 5.64% to 5.39%, product fee £0

5 year fixed rate switcher

[FO37829] 60% LTV, increasing by 9bps from 4.05% to 4.14%, product fee £0

[FO37828] 60% LTV, increasing by 14bps from 3.97% to 4.11%, product fee £495

[FO37827] 60% LTV, increasing by 14bps from 3.91% to 4.05%, product fee £995

[FO37831] 75% LTV, increasing by 15bps from 4.09% to 4.24%, product fee £0

[FO37830] 75% LTV, increasing by 21bps from 3.94% to 4.15%, product fee £995

[FO37833] 80% LTV, increasing by 5bps from 4.44% to 4.49%, product fee £0

[FO37832] 80% LTV, increasing by 4bps from 4.30% to 4.34%, product fee £995

[FO37835] 85% LTV, increasing by 5bps from 4.44% to 4.49%, product fee £0

[FO37834] 85% LTV, increasing by 2bps from 4.32% to 4.34%, product fee £995

[FO37836] 90% LTV, increasing by 5bps from 4.74% to 4.79%, product fee £0

 

 

End dates

 

2 Year Term End Dates Moving from 31 August 2025 to 30 September 2025

5 Year Term End Dates Moving from 31 August 2028 to 30 September 2028

 

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm on Tuesday 2nd May 2023.

 

If you’re unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Wednesday 3rd May 2023. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email, please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Friday 21st April 2023

 

Here’s a full list of the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO37541] 90% LTV, decreasing by 10bps from 4.91% to 4.81%, product fee £995

[FO37542] 90% LTV, decreasing by 10bps from 5.22% to 5.12%, product fee £0

[FO37543] 95% LTV, decreasing by 4bps from 5.68% to 5.64%, product fee £0, cashback £350

5 year fixed rate purchase

[FO37545] 90% LTV, decreasing by 6bps from 4.62% to 4.56%, product fee £0

[FO37544] 90% LTV, decreasing by 8bps from 4.52% to 4.44%, product fee £995

[FO37546] 95% LTV, decreasing by 5bps from 5.08% to 5.03%, product fee £0, cashback £350

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO37547] 90% LTV, decreasing by 10bps from 4.91% to 4.81%, product fee £995, cashback £250

[FO37548] 90% LTV, decreasing by 10bps from 5.22% to 5.12%, product fee £0, cashback £250

5 year fixed rate purchase

[FO37549] 90% LTV, decreasing by 8bps from 4.52% to 4.44%, product fee £995, cashback £250

[FO37550] 90% LTV, decreasing by 6bps from 4.62% to 4.56%, product fee £0, cashback £250

 

BTL Range

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO37551] 60% LTV, decreasing by 12bps from 4.82% to 4.70%, product fee £995

[FO37559] 60% LTV, decreasing by 10bps from 4.69% to 4.59%, product fee £1,495

[FO37552] 60% LTV, decreasing by 12bps from 5.30% to 5.18%, product fee £0

[FO37553] 75% LTV, decreasing by 10bps from 4.91% to 4.81%, product fee £995

[FO37560] 75% LTV, decreasing by 10bps from 4.86% to 4.76%, product fee £1,495

[FO37554] 75% LTV, decreasing by 18bps from 5.40% to 5.22%, product fee £0

2 year fixed rate remortgage

[FO37576] 60% LTV, decreasing by 5bps from 5.30% to 5.25%, product fee £0, cashback £250

[FO37575] 60% LTV, decreasing by 14bps from 4.96% to 4.82%, product fee £995, cashback £250

[FO37564] 60% LTV, decreasing by 5bps from 5.30% to 5.25%, product fee £0

[FO37563] 60% LTV, decreasing by 14bps from 4.96% to 4.82%, product fee £995

[FO37571] 60% LTV, decreasing by 9bps from 4.69% to 4.60%, product fee £1,495

[FO37578] 75% LTV, decreasing by 10bps from 5.50% to 5.40%, product fee £0, cashback £250

[FO37572] 75% LTV, decreasing by 11bps from 4.99% to 4.88%, product fee £1,495

[FO37566] 75% LTV, decreasing by 10bps from 5.50% to 5.40%, product fee £0

[FO37565] 75% LTV, decreasing by 4bps from 5.12% to 5.08%, product fee £995

[FO37577] 75% LTV, decreasing by 4bps from 5.12% to 5.08%, product fee £995, cashback £250

5 year fixed rate purchase

[FO37556] 60% LTV, decreasing by 15bps from 4.89% to 4.74%, product fee £0

[FO37555] 60% LTV, decreasing by 7bps from 4.56% to 4.49%, product fee £995

[FO37561] 60% LTV, decreasing by 7bps from 4.51% to 4.44%, product fee £1,495

[FO37558] 75% LTV, decreasing by 21bps from 5.09% to 4.88%, product fee £0

[FO37557] 75% LTV, decreasing by 2bps from 4.62% to 4.60%, product fee £995

[FO37562] 75% LTV, decreasing by 10bps from 4.57% to 4.47%, product fee £1,495

5 year fixed rate remortgage

[FO37579] 60% LTV, decreasing by 15bps from 4.64% to 4.49%, product fee £995, cashback £250

[FO37567] 60% LTV, decreasing by 15bps from 4.64% to 4.49%, product fee £995

[FO37568] 60% LTV, decreasing by 5bps from 4.87% to 4.82%, product fee £0

[FO37573] 60% LTV, decreasing by 4bps from 4.44% to 4.40%, product fee £1,495

[FO37580] 60% LTV, decreasing by 5bps from 4.87% to 4.82%, product fee £0, cashback £250

[FO37582] 75% LTV, decreasing by 5bps from 4.87% to 4.82%, product fee £0, cashback £250

[FO37570] 75% LTV, decreasing by 5bps from 4.87% to 4.82%, product fee £0

[FO37581] 75% LTV, decreasing by 5bps from 4.69% to 4.64%, product fee £995, cashback £250

[FO37574] 75% LTV, decreasing by 5bps from 4.64% to 4.59%, product fee £1,495

[FO37569] 75% LTV, decreasing by 5bps from 4.69% to 4.64%, product fee £995

 

BTL Green Mortgages

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO37583] 65% LTV, decreasing by 12bps from 4.77% to 4.65%, product fee £995

[FO37584] 75% LTV, decreasing by 10bps from 4.86% to 4.76%, product fee £995

2 year fixed rate remortgage

[FO37587] 65% LTV, decreasing by 14bps from 4.91% to 4.77%, product fee £995

[FO37591] 65% LTV, decreasing by 14bps from 4.91% to 4.77%, product fee £995, cashback £250

[FO37588] 75% LTV, decreasing by 4bps from 5.07% to 5.03%, product fee £995

[FO37592] 75% LTV, decreasing by 4bps from 5.07% to 5.03%, product fee £995, cashback £250

5 year fixed rate purchase

[FO37585] 65% LTV, decreasing by 7bps from 4.51% to 4.44%, product fee £995

[FO37586] 75% LTV, decreasing by 2bps from 4.57% to 4.55%, product fee £995

5 year fixed rate remortgage

[FO37589] 65% LTV, decreasing by 15bps from 4.59% to 4.44%, product fee £995

[FO37593] 65% LTV, decreasing by 15bps from 4.59% to 4.44%, product fee £995, cashback £250

[FO37594] 75% LTV, decreasing by 5bps from 4.64% to 4.59%, product fee £995, cashback £250

[FO37590] 75% LTV, decreasing by 5bps from 4.64% to 4.59%, product fee £995

 

 

Existing Customer

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO37596] 60% LTV, decreasing by 5bps from 5.30% to 5.25%, product fee £0

[FO37595] 60% LTV, decreasing by 14bps from 4.96% to 4.82%, product fee £995

[FO37598] 75% LTV, decreasing by 10bps from 5.50% to 5.40%, product fee £0

[FO37597] 75% LTV, decreasing by 4bps from 5.12% to 5.08%, product fee £995

5 year fixed rate switcher

[FO37600] 60% LTV, decreasing by 5bps from 4.87% to 4.82%, product fee £0

[FO37599] 60% LTV, decreasing by 15bps from 4.64% to 4.49%, product fee £995

[FO37602] 75% LTV, decreasing by 5bps from 4.87% to 4.82%, product fee £0

[FO37601] 75% LTV, decreasing by 5bps from 4.69% to 4.64%, product fee £995

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm on Thursday 20th April 2023.

 

If you’re unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Friday 21st April 2023. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email, please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Tuesday 4th April 2023

 

Here’s a full list of the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO37209] 60% LTV, decreasing by 20bps from 4.84% to 4.64%, product fee £0

[FO37208] 60% LTV, decreasing by 19bps from 4.58% to 4.39%, product fee £995

[FO37210] 75% LTV, decreasing by 19bps from 4.63% to 4.44%, product fee £995

[FO37211] 75% LTV, decreasing by 26bps from 4.94% to 4.68%, product fee £0

[FO37212] 80% LTV, decreasing by 18bps from 4.79% to 4.61%, product fee £995

[FO37213] 80% LTV, decreasing by 21bps from 5.08% to 4.87%, product fee £0

[FO37215] 85% LTV, decreasing by 24bps from 5.14% to 4.90%, product fee £0

[FO37214] 85% LTV, decreasing by 18bps from 4.84% to 4.66%, product fee £995

[FO37216] 90% LTV, decreasing by 8bps from 4.99% to 4.91%, product fee £995

[FO37217] 90% LTV, decreasing by 14bps from 5.36% to 5.22%, product fee £0

2 year fixed rate remortgage

[FO37291] 60% LTV, decreasing by 18bps from 4.49% to 4.31%, product fee £995

[FO37232] 60% LTV, decreasing by 18bps from 4.49% to 4.31%, product fee £995, cashback £250

[FO37292] 60% LTV, decreasing by 29bps from 4.78% to 4.49%, product fee £0

[FO37233] 60% LTV, decreasing by 29bps from 4.78% to 4.49%, product fee £0, cashback £250

[FO37294] 75% LTV, decreasing by 25bps from 4.84% to 4.59%, product fee £0

[FO37293] 75% LTV, decreasing by 20bps from 4.54% to 4.34%, product fee £995

[FO37234] 75% LTV, decreasing by 20bps from 4.54% to 4.34%, product fee £995, cashback £250

[FO37235] 75% LTV, decreasing by 25bps from 4.84% to 4.59%, product fee £0, cashback £250

[FO37236] 80% LTV, decreasing by 25bps from 4.84% to 4.59%, product fee £995, cashback £250

[FO37237] 80% LTV, decreasing by 20bps from 5.09% to 4.89%, product fee £0, cashback £250

[FO37239] 85% LTV, decreasing by 24bps from 5.13% to 4.89%, product fee £0, cashback £250

[FO37238] 85% LTV, decreasing by 25bps from 4.89% to 4.64%, product fee £995, cashback £250

[FO37241] 90% LTV, decreasing by 20bps from 5.38% to 5.18%, product fee £0, cashback £250

[FO37240] 90% LTV, decreasing by 17bps from 5.06% to 4.89%, product fee £995, cashback £250

5 year fixed rate purchase

[FO37220] 60% LTV, decreasing by 24bps from 4.38% to 4.14%, product fee £0

[FO37218] 60% LTV, decreasing by 15bps from 4.09% to 3.94%, product fee £1,495

[FO37219] 60% LTV, decreasing by 7bps from 4.14% to 4.07%, product fee £995

[FO37222] 75% LTV, decreasing by 7bps from 4.19% to 4.12%, product fee £995

[FO37221] 75% LTV, decreasing by 12bps from 4.14% to 4.02%, product fee £1,495

[FO37223] 75% LTV, decreasing by 27bps from 4.48% to 4.21%, product fee £0

[FO37225] 80% LTV, decreasing by 13bps from 4.39% to 4.26%, product fee £995

[FO37224] 80% LTV, decreasing by 13bps from 4.34% to 4.21%, product fee £1,495

[FO37226] 80% LTV, decreasing by 23bps from 4.59% to 4.36%, product fee £0

[FO37229] 85% LTV, decreasing by 23bps from 4.64% to 4.41%, product fee £0

[FO37228] 85% LTV, decreasing by 12bps from 4.43% to 4.31%, product fee £995

[FO37227] 85% LTV, decreasing by 12bps from 4.38% to 4.26%, product fee £1,495

[FO37231] 90% LTV, decreasing by 16bps from 4.78% to 4.62%, product fee £0

[FO37230] 90% LTV, decreasing by 6bps from 4.58% to 4.52%, product fee £995

5 year fixed rate remortgage

[FO37302] 60% LTV, decreasing by 10bps from 4.18% to 4.08%, product fee £0

[FO37301] 60% LTV, decreasing by 10bps from 4.04% to 3.94%, product fee £995

[FO37300] 60% LTV, decreasing by 8bps from 3.99% to 3.91%, product fee £1,495

[FO37243] 60% LTV, decreasing by 10bps from 4.04% to 3.94%, product fee £995, cashback £250

[FO37244] 60% LTV, decreasing by 10bps from 4.18% to 4.08%, product fee £0, cashback £250

[FO37242] 60% LTV, decreasing by 8bps from 3.99% to 3.91%, product fee £1,495, cashback £250

[FO37247] 75% LTV, decreasing by 19bps from 4.28% to 4.09%, product fee £0, cashback £250

[FO37303] 75% LTV, decreasing by 19bps from 4.13% to 3.94%, product fee £1,495

[FO37246] 75% LTV, decreasing by 19bps from 4.18% to 3.99%, product fee £995, cashback £250

[FO37305] 75% LTV, decreasing by 19bps from 4.28% to 4.09%, product fee £0

[FO37304] 75% LTV, decreasing by 19bps from 4.18% to 3.99%, product fee £995

[FO37245] 75% LTV, decreasing by 19bps from 4.13% to 3.94%, product fee £1,495, cashback £250

[FO37248] 80% LTV, decreasing by 9bps from 4.43% to 4.34%, product fee £995, cashback £250

[FO37249] 80% LTV, decreasing by 15bps from 4.59% to 4.44%, product fee £0, cashback £250

[FO37251] 85% LTV, decreasing by 16bps from 4.64% to 4.48%, product fee £0, cashback £250

[FO37250] 85% LTV, decreasing by 11bps from 4.48% to 4.37%, product fee £995, cashback £250

[FO37252] 90% LTV, decreasing by 6bps from 4.65% to 4.59%, product fee £995, cashback £250

[FO37253] 90% LTV, decreasing by 4bps from 4.78% to 4.74%, product fee £0, cashback £250

New Products

2 year fixed rate remortgage

[FO37295] 80% LTV, 4.89%, product fee £0

[FO37290] 80% LTV, 4.59%, product fee £995

[FO37296] 85% LTV, 4.64%, product fee £995

[FO37297] 85% LTV, 4.89%, product fee £0

[FO37299] 90% LTV, 5.18%, product fee £0

[FO37298] 90% LTV, 4.89%, product fee £995

2 year tracker rate remortgage

[TO6006] 80% LTV, 5.54%, product fee £0

[TO6005] 80% LTV, 5.04%, product fee £995

[TO6008] 85% LTV, 5.59%, product fee £0

[TO6007] 85% LTV, 5.04%, product fee £995

[TO6010] 90% LTV, 5.64%, product fee £0

[TO6009] 90% LTV, 5.24%, product fee £995

5 year fixed rate remortgage

[FO37306] 80% LTV, 4.34%, product fee £995

[FO37307] 80% LTV, 4.44%, product fee £0

[FO37308] 85% LTV, 4.37%, product fee £995

[FO37309] 85% LTV, 4.48%, product fee £0

[FO37310] 90% LTV, 4.59%, product fee £995

[FO37311] 90% LTV, 4.74%, product fee £0

Withdrawn

2 year fixed rate remortgage

[FO37141] 80% LTV, 4.84%, product fee £995

[FO37144] 80% LTV, 5.09%, product fee £0

[FO37121] 85% LTV, 4.89%, product fee £995

[FO37145] 85% LTV, 5.13%, product fee £0

[FO37171] 90% LTV, 5.06%, product fee £995

[FO37146] 90% LTV, 5.38%, product fee £0

2 year tracker rate remortgage

[TO5967] 80% LTV, 5.54%, product fee £0

[TO5968] 80% LTV, 5.04%, product fee £995

[TO5982] 85% LTV, 5.59%, product fee £0

[TO5981] 85% LTV, 5.04%, product fee £995

[TO5984] 90% LTV, 5.64%, product fee £0

[TO5983] 90% LTV, 5.24%, product fee £995

5 year fixed rate remortgage

[FO37116] 80% LTV, 4.43%, product fee £995

[FO37147] 80% LTV, 4.59%, product fee £0

[FO37123] 85% LTV, 4.48%, product fee £995

[FO37155] 85% LTV, 4.64%, product fee £0

[FO37166] 90% LTV, 4.65%, product fee £995

[FO37115] 90% LTV, 4.78%, product fee £0

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO37255] 85% LTV, decreasing by 24bps from 5.14% to 4.90%, product fee £0, cashback £250

[FO37254] 85% LTV, decreasing by 18bps from 4.84% to 4.66%, product fee £995, cashback £250

[FO37257] 90% LTV, decreasing by 14bps from 5.36% to 5.22%, product fee £0, cashback £250

[FO37256] 90% LTV, decreasing by 8bps from 4.99% to 4.91%, product fee £995, cashback £250

5 year fixed rate purchase

[FO37258] 85% LTV, decreasing by 12bps from 4.43% to 4.31%, product fee £995, cashback £250

[FO37259] 85% LTV, decreasing by 23bps from 4.64% to 4.41%, product fee £0, cashback £250

[FO37261] 90% LTV, decreasing by 16bps from 4.78% to 4.62%, product fee £0, cashback £250

[FO37260] 90% LTV, decreasing by 6bps from 4.58% to 4.52%, product fee £995, cashback £250

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO37263] 60% LTV, decreasing by 20bps from 4.99% to 4.79%, product fee £0

[FO37262] 60% LTV, decreasing by 19bps from 4.73% to 4.54%, product fee £995, cashback £250

[FO37264] 75% LTV, decreasing by 19bps from 4.78% to 4.59%, product fee £995, cashback £250

[FO37265] 75% LTV, decreasing by 26bps from 5.09% to 4.83%, product fee £0

5 year fixed rate purchase

[FO37267] 60% LTV, decreasing by 24bps from 4.53% to 4.29%, product fee £0

[FO37266] 60% LTV, decreasing by 7bps from 4.29% to 4.22%, product fee £995, cashback £250

[FO37269] 75% LTV, decreasing by 27bps from 4.63% to 4.36%, product fee £0

[FO37268] 75% LTV, decreasing by 7bps from 4.34% to 4.27%, product fee £995, cashback £250

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate remortgage

[FO37270] 60% LTV, decreasing by 18bps from 4.64% to 4.46%, product fee £995, cashback £500

[FO37271] 60% LTV, decreasing by 29bps from 4.93% to 4.64%, product fee £0

[FO37272] 75% LTV, decreasing by 20bps from 4.69% to 4.49%, product fee £995, cashback £500

[FO37273] 75% LTV, decreasing by 25bps from 4.99% to 4.74%, product fee £0

5 year fixed rate remortgage

[FO37274] 60% LTV, decreasing by 10bps from 4.19% to 4.09%, product fee £995, cashback £500

[FO37275] 60% LTV, decreasing by 10bps from 4.33% to 4.23%, product fee £0

[FO37276] 75% LTV, decreasing by 19bps from 4.33% to 4.14%, product fee £995, cashback £500

[FO37277] 75% LTV, decreasing by 19bps from 4.43% to 4.24%, product fee £0

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO37278] 60% LTV, decreasing by 19bps from 4.53% to 4.34%, product fee £995

[FO37279] 75% LTV, decreasing by 19bps from 4.58% to 4.39%, product fee £995

[FO37280] 85% LTV, decreasing by 18bps from 4.79% to 4.61%, product fee £995

2 year fixed rate remortgage

[FO37312] 60% LTV, decreasing by 18bps from 4.44% to 4.26%, product fee £995

[FO37284] 60% LTV, decreasing by 18bps from 4.44% to 4.26%, product fee £995, cashback £250

[FO37285] 75% LTV, decreasing by 20bps from 4.49% to 4.29%, product fee £995, cashback £250

[FO37313] 75% LTV, decreasing by 20bps from 4.49% to 4.29%, product fee £995

[FO37286] 85% LTV, decreasing by 25bps from 4.84% to 4.59%, product fee £995, cashback £250

5 year fixed rate purchase

[FO37281] 60% LTV, decreasing by 7bps from 4.09% to 4.02%, product fee £995

[FO37282] 75% LTV, decreasing by 7bps from 4.14% to 4.07%, product fee £995

[FO37283] 85% LTV, decreasing by 12bps from 4.38% to 4.26%, product fee £995

5 year fixed rate remortgage

[FO37315] 60% LTV, decreasing by 8bps from 3.99% to 3.91%, product fee £995

[FO37287] 60% LTV, decreasing by 8bps from 3.99% to 3.91%, product fee £995, cashback £250

[FO37316] 75% LTV, decreasing by 19bps from 4.13% to 3.94%, product fee £995

[FO37288] 75% LTV, decreasing by 19bps from 4.13% to 3.94%, product fee £995, cashback £250

[FO37289] 85% LTV, decreasing by 11bps from 4.43% to 4.32%, product fee £995, cashback £250

New Products

2 year fixed rate remortgage

[FO37314] 85% LTV, 4.59%, product fee £995

5 year fixed rate remortgage

[FO37317] 85% LTV, 4.32%, product fee £995

Withdrawn

2 year fixed rate remortgage

[FO37073] 85% LTV, 4.84%, product fee £995

5 year fixed rate remortgage

[FO37159] 85% LTV, 4.43%, product fee £995

 

 

Existing Customer

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO37320] 60% LTV, decreasing by 29bps from 4.73% to 4.44%, product fee £0

[FO37318] 60% LTV, decreasing by 18bps from 4.44% to 4.26%, product fee £995

[FO37319] 60% LTV, decreasing by 19bps from 4.54% to 4.35%, product fee £495

[FO37321] 75% LTV, decreasing by 20bps from 4.49% to 4.29%, product fee £995

[FO37322] 75% LTV, decreasing by 25bps from 4.79% to 4.54%, product fee £0

[FO37323] 80% LTV, decreasing by 20bps from 4.79% to 4.59%, product fee £995

[FO37324] 80% LTV, decreasing by 19bps from 5.08% to 4.89%, product fee £0

[FO37326] 85% LTV, decreasing by 22bps from 5.11% to 4.89%, product fee £0

[FO37325] 85% LTV, decreasing by 25bps from 4.84% to 4.59%, product fee £995

[FO37327] 90% LTV, decreasing by 17bps from 5.06% to 4.89%, product fee £995

[FO37328] 90% LTV, decreasing by 22bps from 5.36% to 5.14%, product fee £0

[FO37329] 100% LTV, decreasing by 17bps from 5.21% to 5.04%, product fee £995

[FO37330] 100% LTV, decreasing by 22bps from 5.51% to 5.29%, product fee £0

2 year tracker rate switcher

[TO6011] 60% LTV, decreasing by 10bps from 4.58% to 4.48%, product fee £995

[TO6012] 75% LTV, decreasing by 25bps from 4.74% to 4.49%, product fee £995

[TO6013] 80% LTV, decreasing by 30bps from 4.99% to 4.69%, product fee £995

[TO6014] 85% LTV, decreasing by 30bps from 4.99% to 4.69%, product fee £995

[TO6015] 90% LTV, decreasing by 5bps from 5.24% to 5.19%, product fee £995

5 year fixed rate switcher

[FO37332] 60% LTV, decreasing by 8bps from 4.05% to 3.97%, product fee £495

[FO37331] 60% LTV, decreasing by 8bps from 3.99% to 3.91%, product fee £995

[FO37333] 60% LTV, decreasing by 8bps from 4.13% to 4.05%, product fee £0

[FO37335] 75% LTV, decreasing by 14bps from 4.23% to 4.09%, product fee £0

[FO37334] 75% LTV, decreasing by 19bps from 4.13% to 3.94%, product fee £995

[FO37337] 80% LTV, decreasing by 9bps from 4.53% to 4.44%, product fee £0

[FO37336] 80% LTV, decreasing by 8bps from 4.38% to 4.30%, product fee £995

[FO37338] 85% LTV, decreasing by 11bps from 4.43% to 4.32%, product fee £995

[FO37339] 85% LTV, decreasing by 9bps from 4.53% to 4.44%, product fee £0

[FO37341] 90% LTV, decreasing by 4bps from 4.78% to 4.74%, product fee £0

[FO37340] 90% LTV, decreasing by 1bps from 4.60% to 4.59%, product fee £995

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO37343] 60% LTV, decreasing by 21bps from 5.51% to 5.30%, product fee £0

[FO37342] 60% LTV, decreasing by 9bps from 5.05% to 4.96%, product fee £995

[FO37345] 75% LTV, decreasing by 1bps from 5.51% to 5.50%, product fee £0

[FO37344] 75% LTV, decreasing by 4bps from 5.16% to 5.12%, product fee £995

[FO37346] 90% LTV, decreasing by 1bps from 5.71% to 5.70%, product fee £0

5 year fixed rate switcher

[FO37347] 60% LTV, decreasing by 15bps from 4.79% to 4.64%, product fee £995

[FO37348] 60% LTV, decreasing by 12bps from 4.99% to 4.87%, product fee £0

[FO37349] 75% LTV, decreasing by 30bps from 4.99% to 4.69%, product fee £995

[FO37350] 75% LTV, decreasing by 37bps from 5.24% to 4.87%, product fee £0

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm on Monday 3rd April 2023.

 

If you’re unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Tuesday 4th April 2023. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email, please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Thursday 23^rd March 2023

 

Here’s a full list of the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO37018] 90% LTV, increasing by 6bps from 4.93% to 4.99%, product fee £995

5 year fixed rate purchase

[FO37019] 90% LTV, increasing by 5bps from 4.53% to 4.58%, product fee £995

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO37020] 90% LTV, increasing by 6bps from 4.93% to 4.99%, product fee £995, cashback £250

5 year fixed rate purchase

[FO37021] 90% LTV, increasing by 5bps from 4.53% to 4.58%, product fee £995, cashback £250

 

BTL Range

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO37023] 60% LTV, decreasing by 5bps from 5.35% to 5.30%, product fee £0

[FO37044] 60% LTV, decreasing by 10bps from 4.79% to 4.69%, product fee £1,495

[FO37022] 60% LTV, decreasing by 12bps from 4.94% to 4.82%, product fee £995

[FO37025] 75% LTV, decreasing by 5bps from 5.45% to 5.40%, product fee £0

[FO37024] 75% LTV, decreasing by 18bps from 5.09% to 4.91%, product fee £995

[FO37045] 75% LTV, decreasing by 8bps from 4.94% to 4.86%, product fee £1,495

2 year fixed rate remortgage

[FO37030] 60% LTV, decreasing by 4bps from 5.34% to 5.30%, product fee £0

[FO37048] 60% LTV, decreasing by 25bps from 4.94% to 4.69%, product fee £1,495

[FO37028] 60% LTV, decreasing by 3bps from 4.99% to 4.96%, product fee £995

[FO37032] 75% LTV, decreasing by 12bps from 5.24% to 5.12%, product fee £995

[FO37049] 75% LTV, decreasing by 10bps from 5.09% to 4.99%, product fee £1,495

[FO37033] 75% LTV, decreasing by 4bps from 5.54% to 5.50%, product fee £0

5 year fixed rate purchase

[FO37046] 60% LTV, decreasing by 8bps from 4.59% to 4.51%, product fee £1,495

[FO37026] 60% LTV, decreasing by 23bps from 4.79% to 4.56%, product fee £995

[FO37027] 75% LTV, decreasing by 27bps from 4.89% to 4.62%, product fee £995

[FO37047] 75% LTV, decreasing by 12bps from 4.69% to 4.57%, product fee £1,495

5 year fixed rate remortgage

[FO37029] 60% LTV, decreasing by 12bps from 4.99% to 4.87%, product fee £0

[FO37031] 60% LTV, decreasing by 5bps from 4.69% to 4.64%, product fee £995

[FO37051] 60% LTV, decreasing by 5bps from 4.49% to 4.44%, product fee £1,495

[FO37035] 75% LTV, decreasing by 22bps from 5.09% to 4.87%, product fee £0

[FO37050] 75% LTV, decreasing by 5bps from 4.69% to 4.64%, product fee £1,495

[FO37034] 75% LTV, decreasing by 10bps from 4.79% to 4.69%, product fee £995

New Products

2 year fixed rate remortgage

[FO37053] 60% LTV, 5.30%, product fee £0, cashback £250

[FO37052] 60% LTV, 4.96%, product fee £995, cashback £250

[FO37056] 75% LTV, 5.12%, product fee £995, cashback £250

[FO37057] 75% LTV, 5.50%, product fee £0, cashback £250

5 year fixed rate remortgage

[FO37054] 60% LTV, 4.64%, product fee £995, cashback £250

[FO37055] 60% LTV, 4.87%, product fee £0, cashback £250

[FO37058] 75% LTV, 4.69%, product fee £995, cashback £250

[FO37059] 75% LTV, 4.87%, product fee £0, cashback £250

 

BTL Green Mortgages

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO37036] 65% LTV, decreasing by 12bps from 4.89% to 4.77%, product fee £995

[FO37037] 75% LTV, decreasing by 18bps from 5.04% to 4.86%, product fee £995

2 year fixed rate remortgage

[FO37040] 65% LTV, decreasing by 3bps from 4.94% to 4.91%, product fee £995

[FO37041] 75% LTV, decreasing by 12bps from 5.19% to 5.07%, product fee £995

5 year fixed rate purchase

[FO37038] 65% LTV, decreasing by 23bps from 4.74% to 4.51%, product fee £995

[FO37039] 75% LTV, decreasing by 27bps from 4.84% to 4.57%, product fee £995

5 year fixed rate remortgage

[FO37042] 65% LTV, decreasing by 5bps from 4.64% to 4.59%, product fee £995

[FO37043] 75% LTV, decreasing by 10bps from 4.74% to 4.64%, product fee £995

New Products

2 year fixed rate remortgage

[FO37061] 65% LTV, 4.91%, product fee £995, cashback £250

[FO37062] 75% LTV, 5.07%, product fee £995, cashback £250

5 year fixed rate remortgage

[FO37063] 65% LTV, 4.59%, product fee £995, cashback £250

[FO37064] 75% LTV, 4.64%, product fee £995, cashback £250

 

 

Existing Customer

No Changes

 

 

End dates

 

2 Year Term End Dates Moving from 30 June 2025 to 31 August 2025

5 Year Term End Dates Moving from 30 June 2028 to 31 August 2028

 

 

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm on Wednesday 22^nd March 2023.

 

If you’re unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Thursday 23^rd March 2023. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email, please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

We’re pleased to announce that both new and existing NatWest mortgage customers are now able to make an overpayment of up to 20%, up from 10%, without incurring an Early Repayment Charge (ERC). Overpayment allowances will renew annually on the anniversary of product draw down. This increase will apply to customers on fixed or tracker rate products.

 

How do my customers utilise this?

All your customers need to do is head to Manage My Mortgage, choose “My Payments and Services” from the main menu, “Make a Payment”, then “Lumpsum overpayment” to see what their increased allowance is and other useful information.

 

From today, our New Deal, Welcome Letter & Annual Statements that we issue to customers will also reference the new overpayment parameters.

Effective from Monday 6th March 2023

 

Here’s a full list the changes with product codes in brackets:

New Business

Help to Buy: shared equity

Residential

Withdrawn

2 year fixed rate purchase

[FO36702] 60% LTV, 4.73%, product fee £995, cashback £250

[FO36703] 60% LTV, 4.99%, product fee £0

[FO36705] 75% LTV, 5.09%, product fee £0

[FO36704] 75% LTV, 4.78%, product fee £995, cashback £250

5 year fixed rate purchase

[FO36706] 60% LTV, 4.29%, product fee £995, cashback £250

[FO36707] 60% LTV, 4.53%, product fee £0

[FO36708] 75% LTV, 4.34%, product fee £995, cashback £250

[FO36709] 75% LTV, 4.63%, product fee £0

 

 

Existing Customer

No changes

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm today, Friday 3rd March 2023.

 

If you’re unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Monday 6th March 2023. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email, please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Friday 24th February 2023

 

Here’s a full list of the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO36801] 90% LTV, decreasing by 16bps from 5.09% to 4.93%, product fee £995

[FO36802] 95% LTV, decreasing by 12bps from 5.80% to 5.68%, product fee £0, cashback £350

5 year fixed rate purchase

[FO36803] 90% LTV, decreasing by 11bps from 4.64% to 4.53%, product fee £995

[FO36804] 95% LTV, decreasing by 6bps from 5.14% to 5.08%, product fee £0, cashback £350

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO36805] 90% LTV, decreasing by 16bps from 5.09% to 4.93%, product fee £995, cashback £250

5 year fixed rate purchase

[FO36806] 90% LTV, decreasing by 11bps from 4.64% to 4.53%, product fee £995, cashback £250

 

BTL Range

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO36823] 60% LTV, decreasing by 26bps from 5.05% to 4.79%, product fee £1,495

[FO36808] 60% LTV, decreasing by 24bps from 5.59% to 5.35%, product fee £0

[FO36807] 60% LTV, decreasing by 16bps from 5.10% to 4.94%, product fee £995

[FO36810] 75% LTV, decreasing by 19bps from 5.64% to 5.45%, product fee £0

[FO36809] 75% LTV, decreasing by 23bps from 5.32% to 5.09%, product fee £995

[FO36824] 75% LTV, decreasing by 22bps from 5.16% to 4.94%, product fee £1,495

2 year fixed rate remortgage

[FO36815] 60% LTV, decreasing by 11bps from 5.10% to 4.99%, product fee £995

[FO36816] 60% LTV, decreasing by 30bps from 5.64% to 5.34%, product fee £0

[FO36827] 60% LTV, decreasing by 11bps from 5.05% to 4.94%, product fee £1,495

[FO36818] 75% LTV, decreasing by 10bps from 5.64% to 5.54%, product fee £0

[FO36828] 75% LTV, decreasing by 7bps from 5.16% to 5.09%, product fee £1,495

[FO36817] 75% LTV, decreasing by 8bps from 5.32% to 5.24%, product fee £995

5 year fixed rate purchase

[FO36812] 60% LTV, decreasing by 10bps from 4.99% to 4.89%, product fee £0

[FO36811] 60% LTV, decreasing by 10bps from 4.89% to 4.79%, product fee £995

[FO36825] 60% LTV, decreasing by 20bps from 4.79% to 4.59%, product fee £1,495

[FO36826] 75% LTV, decreasing by 30bps from 4.99% to 4.69%, product fee £1,495

[FO36813] 75% LTV, decreasing by 21bps from 5.10% to 4.89%, product fee £995

[FO36814] 75% LTV, decreasing by 18bps from 5.27% to 5.09%, product fee £0

5 year fixed rate remortgage

[FO36820] 60% LTV, decreasing by 15bps from 5.14% to 4.99%, product fee £0

[FO36819] 60% LTV, decreasing by 20bps from 4.89% to 4.69%, product fee £995

[FO36829] 60% LTV, decreasing by 30bps from 4.79% to 4.49%, product fee £1,495

[FO36821] 75% LTV, decreasing by 31bps from 5.10% to 4.79%, product fee £995

[FO36830] 75% LTV, decreasing by 30bps from 4.99% to 4.69%, product fee £1,495

[FO36822] 75% LTV, decreasing by 18bps from 5.27% to 5.09%, product fee £0

 

BTL Green Mortgages

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO36831] 65% LTV, decreasing by 16bps from 5.05% to 4.89%, product fee £995

[FO36832] 75% LTV, decreasing by 23bps from 5.27% to 5.04%, product fee £995

2 year fixed rate remortgage

[FO36835] 65% LTV, decreasing by 11bps from 5.05% to 4.94%, product fee £995

[FO36836] 75% LTV, decreasing by 8bps from 5.27% to 5.19%, product fee £995

5 year fixed rate purchase

[FO36833] 65% LTV, decreasing by 10bps from 4.84% to 4.74%, product fee £995

[FO36834] 75% LTV, decreasing by 21bps from 5.05% to 4.84%, product fee £995

5 year fixed rate remortgage

[FO36837] 65% LTV, decreasing by 20bps from 4.84% to 4.64%, product fee £995

[FO36838] 75% LTV, decreasing by 31bps from 5.05% to 4.74%, product fee £995

 

 

Existing Customer

No Changes

 

 

End dates

 

There are no changes to end dates

 

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm on Thursday 23rd February 2023.

 

If you’re unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Friday 24th February 2023. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email, please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Friday 17th February 2023

 

Here’s a full list of the changes with product codes in brackets:

New Business

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO36627] 60% LTV, decreasing by 9bps from 4.93% to 4.84%, product fee £0

[FO36626] 60% LTV, decreasing by 10bps from 4.68% to 4.58%, product fee £995

[FO36628] 75% LTV, decreasing by 15bps from 4.78% to 4.63%, product fee £995

[FO36629] 75% LTV, decreasing by 9bps from 5.03% to 4.94%, product fee £0

[FO36630] 80% LTV, decreasing by 9bps from 4.88% to 4.79%, product fee £995

[FO36631] 80% LTV, decreasing by 10bps from 5.18% to 5.08%, product fee £0

[FO36632] 85% LTV, decreasing by 9bps from 4.93% to 4.84%, product fee £995

[FO36633] 85% LTV, decreasing by 9bps from 5.23% to 5.14%, product fee £0

[FO36634] 90% LTV, decreasing by 14bps from 5.23% to 5.09%, product fee £995

[FO36635] 90% LTV, decreasing by 12bps from 5.48% to 5.36%, product fee £0

 

5 year fixed rate purchase

[FO36637] 60% LTV, decreasing by 19bps from 4.33% to 4.14%, product fee £995

[FO36638] 60% LTV, decreasing by 5bps from 4.43% to 4.38%, product fee £0

[FO36639] 75% LTV, decreasing by 19bps from 4.38% to 4.19%, product fee £995

[FO36640] 75% LTV, decreasing by 5bps from 4.53% to 4.48%, product fee £0

[FO36642] 80% LTV, decreasing by 4bps from 4.63% to 4.59%, product fee £0

[FO36641] 80% LTV, decreasing by 14bps from 4.53% to 4.39%, product fee £995

[FO36643] 85% LTV, decreasing by 15bps from 4.58% to 4.43%, product fee £995

[FO36644] 85% LTV, decreasing by 4bps from 4.68% to 4.64%, product fee £0

[FO36645] 90% LTV, decreasing by 9bps from 4.73% to 4.64%, product fee £995

[FO36646] 90% LTV, decreasing by 5bps from 4.83% to 4.78%, product fee £0

 

2 year fixed rate remortgage

[FO36668] 60% LTV, decreasing by 11bps from 4.89% to 4.78%, product fee £0, cashback £250

[FO36667] 60% LTV, decreasing by 10bps from 4.59% to 4.49%, product fee £995, cashback £250

[FO36648] 60% LTV, decreasing by 10bps from 4.59% to 4.49%, product fee £995

[FO36649] 60% LTV, decreasing by 11bps from 4.89% to 4.78%, product fee £0

[FO36669] 75% LTV, decreasing by 10bps from 4.64% to 4.54%, product fee £995, cashback £250

[FO36650] 75% LTV, decreasing by 10bps from 4.64% to 4.54%, product fee £995

[FO36651] 75% LTV, decreasing by 10bps from 4.94% to 4.84%, product fee £0

[FO36670] 75% LTV, decreasing by 10bps from 4.94% to 4.84%, product fee £0, cashback £250

[FO36652] 80% LTV, decreasing by 4bps from 4.88% to 4.84%, product fee £995

[FO36653] 80% LTV, decreasing by 7bps from 5.16% to 5.09%, product fee £0

[FO36672] 80% LTV, decreasing by 7bps from 5.16% to 5.09%, product fee £0, cashback £250

[FO36671] 80% LTV, decreasing by 4bps from 4.88% to 4.84%, product fee £995, cashback £250

[FO36654] 85% LTV, decreasing by 8bps from 5.21% to 5.13%, product fee £0

[FO36673] 85% LTV, decreasing by 8bps from 5.21% to 5.13%, product fee £0, cashback £250

[FO36655] 90% LTV, decreasing by 17bps from 5.23% to 5.06%, product fee £995

[FO36656] 90% LTV, decreasing by 10bps from 5.48% to 5.38%, product fee £0

[FO36674] 90% LTV, decreasing by 17bps from 5.23% to 5.06%, product fee £995, cashback £250

[FO36675] 90% LTV, decreasing by 10bps from 5.48% to 5.38%, product fee £0, cashback £250

 

5 year fixed rate remortgage

[FO36657] 60% LTV, decreasing by 20bps from 4.24% to 4.04%, product fee £995

[FO36677] 60% LTV, decreasing by 16bps from 4.34% to 4.18%, product fee £0, cashback £250

[FO36676] 60% LTV, decreasing by 20bps from 4.24% to 4.04%, product fee £995, cashback £250

[FO36658] 60% LTV, decreasing by 16bps from 4.34% to 4.18%, product fee £0

[FO36659] 75% LTV, decreasing by 11bps from 4.29% to 4.18%, product fee £995

[FO36660] 75% LTV, decreasing by 11bps from 4.39% to 4.28%, product fee £0

[FO36678] 75% LTV, decreasing by 11bps from 4.29% to 4.18%, product fee £995, cashback £250

[FO36679] 75% LTV, decreasing by 11bps from 4.39% to 4.28%, product fee £0, cashback £250

[FO36681] 80% LTV, decreasing by 10bps from 4.69% to 4.59%, product fee £0, cashback £250

[FO36680] 80% LTV, decreasing by 6bps from 4.49% to 4.43%, product fee £995, cashback £250

[FO36662] 80% LTV, decreasing by 10bps from 4.69% to 4.59%, product fee £0

[FO36661] 80% LTV, decreasing by 6bps from 4.49% to 4.43%, product fee £995

[FO36683] 85% LTV, decreasing by 5bps from 4.69% to 4.64%, product fee £0, cashback £250

[FO36682] 85% LTV, decreasing by 1bps from 4.49% to 4.48%, product fee £995, cashback £250

[FO36663] 85% LTV, decreasing by 1bps from 4.49% to 4.48%, product fee £995

[FO36664] 85% LTV, decreasing by 5bps from 4.69% to 4.64%, product fee £0

[FO36666] 90% LTV, decreasing by 6bps from 4.84% to 4.78%, product fee £0

[FO36665] 90% LTV, decreasing by 8bps from 4.73% to 4.65%, product fee £995

[FO36685] 90% LTV, decreasing by 6bps from 4.84% to 4.78%, product fee £0, cashback £250

[FO36684] 90% LTV, decreasing by 8bps from 4.73% to 4.65%, product fee £995, cashback £250

 

Rate Changes and Cashback Changes

2 year fixed rate purchase

[FO36636] 95% LTV, decreasing by 19bps from 5.99% to 5.80%, product fee £0, cashback decreasing from £750 to £350

5 year fixed rate purchase

[FO36647] 95% LTV, decreasing by 11bps from 5.25% to 5.14%, product fee £0, cashback decreasing from £750 to £350

New Products

5 year fixed rate purchase

[FO36618] 60% LTV, 4.09%, product fee £1,495

[FO36619] 75% LTV, 4.14%, product fee £1,495

[FO36620] 80% LTV, 4.34%, product fee £1,495

[FO36621] 85% LTV, 4.38%, product fee £1,495

5 year fixed rate remortgage

[FO36799] 60% LTV, 3.99%, product fee £1,495

[FO36624] 60% LTV, 3.99%, product fee £1,495, cashback £250

[FO36625] 75% LTV, 4.13%, product fee £1,495, cashback £250

[FO36800] 75% LTV, 4.13%, product fee £1,495

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO36686] 85% LTV, decreasing by 9bps from 4.93% to 4.84%, product fee £995, cashback £250

[FO36687] 85% LTV, decreasing by 9bps from 5.23% to 5.14%, product fee £0, cashback £250

[FO36689] 90% LTV, decreasing by 12bps from 5.48% to 5.36%, product fee £0, cashback £250

[FO36688] 90% LTV, decreasing by 14bps from 5.23% to 5.09%, product fee £995, cashback £250

5 year fixed rate purchase

[FO36690] 85% LTV, decreasing by 15bps from 4.58% to 4.43%, product fee £995, cashback £250

[FO36691] 85% LTV, decreasing by 4bps from 4.68% to 4.64%, product fee £0, cashback £250

[FO36693] 90% LTV, decreasing by 5bps from 4.83% to 4.78%, product fee £0, cashback £250

[FO36692] 90% LTV, decreasing by 9bps from 4.73% to 4.64%, product fee £995, cashback £250

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO36694] 60% LTV, decreasing by 10bps from 4.83% to 4.73%, product fee £995, cashback £250

[FO36695] 60% LTV, decreasing by 9bps from 5.08% to 4.99%, product fee £0

[FO36697] 75% LTV, decreasing by 9bps from 5.18% to 5.09%, product fee £0

[FO36696] 75% LTV, decreasing by 15bps from 4.93% to 4.78%, product fee £995, cashback £250

5 year fixed rate purchase

[FO36699] 60% LTV, decreasing by 5bps from 4.58% to 4.53%, product fee £0

[FO36698] 60% LTV, decreasing by 19bps from 4.48% to 4.29%, product fee £995, cashback £250

[FO36701] 75% LTV, decreasing by 5bps from 4.68% to 4.63%, product fee £0

[FO36700] 75% LTV, decreasing by 19bps from 4.53% to 4.34%, product fee £995, cashback £250

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate purchase

[FO36702] 60% LTV, decreasing by 10bps from 4.83% to 4.73%, product fee £995, cashback £250

[FO36703] 60% LTV, decreasing by 9bps from 5.08% to 4.99%, product fee £0

[FO36705] 75% LTV, decreasing by 9bps from 5.18% to 5.09%, product fee £0

[FO36704] 75% LTV, decreasing by 15bps from 4.93% to 4.78%, product fee £995, cashback £250

2 year fixed rate remortgage

[FO36711] 60% LTV, decreasing by 11bps from 5.04% to 4.93%, product fee £0

[FO36710] 60% LTV, decreasing by 10bps from 4.74% to 4.64%, product fee £995, cashback £500

[FO36712] 75% LTV, decreasing by 10bps from 4.79% to 4.69%, product fee £995, cashback £500

[FO36713] 75% LTV, decreasing by 10bps from 5.09% to 4.99%, product fee £0

5 year fixed rate purchase

[FO36706] 60% LTV, decreasing by 19bps from 4.48% to 4.29%, product fee £995, cashback £250

[FO36707] 60% LTV, decreasing by 5bps from 4.58% to 4.53%, product fee £0

[FO36709] 75% LTV, decreasing by 5bps from 4.68% to 4.63%, product fee £0

[FO36708] 75% LTV, decreasing by 19bps from 4.53% to 4.34%, product fee £995, cashback £250

5 year fixed rate remortgage

[FO36715] 60% LTV, decreasing by 16bps from 4.49% to 4.33%, product fee £0

[FO36714] 60% LTV, decreasing by 20bps from 4.39% to 4.19%, product fee £995, cashback £500

[FO36717] 75% LTV, decreasing by 11bps from 4.54% to 4.43%, product fee £0

[FO36716] 75% LTV, decreasing by 11bps from 4.44% to 4.33%, product fee £995, cashback £500

 

BTL Range

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO36719] 60% LTV, decreasing by 12bps from 5.22% to 5.10%, product fee £995

[FO36720] 60% LTV, decreasing by 13bps from 5.72% to 5.59%, product fee £0

[FO36718] 60% LTV, decreasing by 2bps from 5.07% to 5.05%, product fee £1,495

[FO36727] 75% LTV, decreasing by 11bps from 5.27% to 5.16%, product fee £1,495

[FO36722] 75% LTV, decreasing by 25bps from 5.89% to 5.64%, product fee £0

[FO36721] 75% LTV, decreasing by 10bps from 5.42% to 5.32%, product fee £995

2 year fixed rate remortgage

[FO36730] 60% LTV, decreasing by 12bps from 5.22% to 5.10%, product fee £995

[FO36738] 60% LTV, decreasing by 2bps from 5.07% to 5.05%, product fee £1,495

[FO36731] 60% LTV, decreasing by 8bps from 5.72% to 5.64%, product fee £0

[FO36739] 75% LTV, decreasing by 11bps from 5.27% to 5.16%, product fee £1,495

[FO36732] 75% LTV, decreasing by 10bps from 5.42% to 5.32%, product fee £995

[FO36733] 75% LTV, decreasing by 25bps from 5.89% to 5.64%, product fee £0

5 year fixed rate purchase

[FO36723] 60% LTV, decreasing by 11bps from 5.00% to 4.89%, product fee £995

[FO36728] 60% LTV, decreasing by 16bps from 4.95% to 4.79%, product fee £1,495

[FO36724] 60% LTV, decreasing by 20bps from 5.19% to 4.99%, product fee £0

[FO36726] 75% LTV, decreasing by 16bps from 5.43% to 5.27%, product fee £0

[FO36725] 75% LTV, decreasing by 17bps from 5.27% to 5.10%, product fee £995

[FO36729] 75% LTV, decreasing by 11bps from 5.10% to 4.99%, product fee £1,495

5 year fixed rate remortgage

[FO36735] 60% LTV, decreasing by 5bps from 5.19% to 5.14%, product fee £0

[FO36740] 60% LTV, decreasing by 16bps from 4.95% to 4.79%, product fee £1,495

[FO36734] 60% LTV, decreasing by 11bps from 5.00% to 4.89%, product fee £995

[FO36736] 75% LTV, decreasing by 17bps from 5.27% to 5.10%, product fee £995

[FO36737] 75% LTV, decreasing by 16bps from 5.43% to 5.27%, product fee £0

[FO36741] 75% LTV, decreasing by 11bps from 5.10% to 4.99%, product fee £1,495

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO36742] 60% LTV, decreasing by 10bps from 4.63% to 4.53%, product fee £995

[FO36743] 75% LTV, decreasing by 15bps from 4.73% to 4.58%, product fee £995

[FO36744] 85% LTV, decreasing by 9bps from 4.88% to 4.79%, product fee £995

2 year fixed rate remortgage

[FO36753] 60% LTV, decreasing by 10bps from 4.54% to 4.44%, product fee £995, cashback £250

[FO36748] 60% LTV, decreasing by 10bps from 4.54% to 4.44%, product fee £995

[FO36754] 75% LTV, decreasing by 10bps from 4.59% to 4.49%, product fee £995, cashback £250

[FO36749] 75% LTV, decreasing by 10bps from 4.59% to 4.49%, product fee £995

5 year fixed rate purchase

[FO36745] 60% LTV, decreasing by 19bps from 4.28% to 4.09%, product fee £995

[FO36746] 75% LTV, decreasing by 19bps from 4.33% to 4.14%, product fee £995

[FO36747] 85% LTV, decreasing by 15bps from 4.53% to 4.38%, product fee £995

5 year fixed rate remortgage

[FO36750] 60% LTV, decreasing by 20bps from 4.19% to 3.99%, product fee £995

[FO36755] 60% LTV, decreasing by 20bps from 4.19% to 3.99%, product fee £995, cashback £250

[FO36751] 75% LTV, decreasing by 11bps from 4.24% to 4.13%, product fee £995

[FO36756] 75% LTV, decreasing by 11bps from 4.24% to 4.13%, product fee £995, cashback £250

[FO36757] 85% LTV, decreasing by 1bps from 4.44% to 4.43%, product fee £995, cashback £250

[FO36752] 85% LTV, decreasing by 1bps from 4.44% to 4.43%, product fee £995

 

BTL Green Mortgages

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO36758] 65% LTV, decreasing by 12bps from 5.17% to 5.05%, product fee £995

[FO36759] 75% LTV, decreasing by 10bps from 5.37% to 5.27%, product fee £995

2 year fixed rate remortgage

[FO36762] 65% LTV, decreasing by 12bps from 5.17% to 5.05%, product fee £995

[FO36763] 75% LTV, decreasing by 10bps from 5.37% to 5.27%, product fee £995

5 year fixed rate purchase

[FO36760] 65% LTV, decreasing by 11bps from 4.95% to 4.84%, product fee £995

[FO36761] 75% LTV, decreasing by 17bps from 5.22% to 5.05%, product fee £995

5 year fixed rate remortgage

[FO36764] 65% LTV, decreasing by 11bps from 4.95% to 4.84%, product fee £995

[FO36765] 75% LTV, decreasing by 17bps from 5.22% to 5.05%, product fee £995

 

Existing Customer

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO36767] 60% LTV, decreasing by 18bps from 4.72% to 4.54%, product fee £495

[FO36766] 60% LTV, decreasing by 15bps from 4.59% to 4.44%, product fee £995

[FO36768] 60% LTV, decreasing by 16bps from 4.89% to 4.73%, product fee £0

[FO36769] 75% LTV, decreasing by 15bps from 4.64% to 4.49%, product fee £995

[FO36770] 75% LTV, decreasing by 15bps from 4.94% to 4.79%, product fee £0

[FO36772] 80% LTV, decreasing by 8bps from 5.16% to 5.08%, product fee £0

[FO36771] 80% LTV, decreasing by 9bps from 4.88% to 4.79%, product fee £995

[FO36773] 85% LTV, decreasing by 4bps from 4.88% to 4.84%, product fee £995

[FO36774] 85% LTV, decreasing by 10bps from 5.21% to 5.11%, product fee £0

[FO36776] 90% LTV, decreasing by 12bps from 5.48% to 5.36%, product fee £0

[FO36775] 90% LTV, decreasing by 17bps from 5.23% to 5.06%, product fee £995

[FO36777] 100% LTV, decreasing by 28bps from 5.49% to 5.21%, product fee £995

[FO36778] 100% LTV, decreasing by 7bps from 5.58% to 5.51%, product fee £0

5 year fixed rate switcher

[FO36780] 60% LTV, decreasing by 24bps from 4.29% to 4.05%, product fee £495

[FO36781] 60% LTV, decreasing by 21bps from 4.34% to 4.13%, product fee £0

[FO36779] 60% LTV, decreasing by 25bps from 4.24% to 3.99%, product fee £995

[FO36783] 75% LTV, decreasing by 16bps from 4.39% to 4.23%, product fee £0

[FO36782] 75% LTV, decreasing by 16bps from 4.29% to 4.13%, product fee £995

[FO36784] 80% LTV, decreasing by 11bps from 4.49% to 4.38%, product fee £995

[FO36785] 80% LTV, decreasing by 10bps from 4.63% to 4.53%, product fee £0

[FO36786] 85% LTV, decreasing by 6bps from 4.49% to 4.43%, product fee £995

[FO36787] 85% LTV, decreasing by 15bps from 4.68% to 4.53%, product fee £0

[FO36788] 90% LTV, decreasing by 12bps from 4.72% to 4.60%, product fee £995

[FO36789] 90% LTV, decreasing by 5bps from 4.83% to 4.78%, product fee £0

Withdrawn

2 year fixed rate switcher - high value

[FO36260] 60% LTV, 4.51%, product fee £1,495

[FO36261] 75% LTV, 4.56%, product fee £1,495

[FO36262] 80% LTV, 4.80%, product fee £1,495

[FO36263] 85% LTV, 4.80%, product fee £1,495

5 year fixed rate switcher - high value

[FO36264] 60% LTV, 4.18%, product fee £1,495

[FO36265] 75% LTV, 4.23%, product fee £1,495

[FO36266] 80% LTV, 4.43%, product fee £1,495

[FO36267] 85% LTV, 4.43%, product fee £1,495

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO36790] 60% LTV, decreasing by 12bps from 5.17% to 5.05%, product fee £995

[FO36791] 60% LTV, decreasing by 13bps from 5.64% to 5.51%, product fee £0

[FO36793] 75% LTV, decreasing by 33bps from 5.84% to 5.51%, product fee £0

[FO36792] 75% LTV, decreasing by 21bps from 5.37% to 5.16%, product fee £995

[FO36794] 90% LTV, decreasing by 28bps from 5.99% to 5.71%, product fee £0

5 year fixed rate switcher

[FO36795] 60% LTV, decreasing by 16bps from 4.95% to 4.79%, product fee £995

[FO36796] 60% LTV, decreasing by 15bps from 5.14% to 4.99%, product fee £0

[FO36797] 75% LTV, decreasing by 23bps from 5.22% to 4.99%, product fee £995

[FO36798] 75% LTV, decreasing by 14bps from 5.38% to 5.24%, product fee £0

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm on Thursday 16th February 2023.

 

If you’re unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Friday 17th February 2023. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Last week the Bank of England announced an increase of 0.5% to 4.0% to the Bank of England Base Rate. In response we will also be increasing the NatWest Base Rate by 0.5% to 4.0% for mortgages.

 

The new NatWest Base Rate of 4.0% will be effective on new Tracker mortgage illustrations from Monday 6th February 2023. All product codes will remain the same.

 

What mortgage products are affected by this change?

Our NatWest Tracker products are affected by this change.  The new product guides will be available from the 6th February, and sourcing systems will be updated from this time.

Please note that any mortgage illustrations produced for Tracker products between Thursday 2nd February and Sunday 5th February will be based on the current rate.  The new rate of 4.0% will be on all mortgage illustrations from Monday 6th February.

What is a Tracker rate?

A Tracker rate is a variable rate that tracks the NatWest Base Rate. This means that the customers mortgage rate and amount they pay for their mortgage on a monthly basis can change in line with the NatWest Base Rate.  

What is the NatWest Base Rate?

The NatWest Base Rate is a variable rate set by NatWest in line with the Bank of England Base Rate. The NatWest Base Rate is independent of the Bank of England Base Rate. 

Effective from Tuesday 31st January 2023

 

Here’s a full list the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO36124] 60% LTV, decreasing by 10bps from 4.78% to 4.68%, product fee £995

[FO36125] 60% LTV, decreasing by 15bps from 5.08% to 4.93%, product fee £0

[FO36126] 75% LTV, decreasing by 10bps from 4.88% to 4.78%, product fee £995

[FO36127] 75% LTV, decreasing by 10bps from 5.13% to 5.03%, product fee £0

[FO36128] 80% LTV, decreasing by 10bps from 4.98% to 4.88%, product fee £995

[FO36129] 80% LTV, decreasing by 10bps from 5.28% to 5.18%, product fee £0

[FO36130] 85% LTV, decreasing by 10bps from 5.03% to 4.93%, product fee £995

[FO36131] 85% LTV, decreasing by 10bps from 5.33% to 5.23%, product fee £0

[FO36132] 90% LTV, decreasing by 10bps from 5.33% to 5.23%, product fee £995

[FO36133] 90% LTV, decreasing by 10bps from 5.58% to 5.48%, product fee £0

2 year fixed rate remortgage

[FO36144] 60% LTV, decreasing by 19bps from 4.78% to 4.59%, product fee £995

[FO36165] 60% LTV, decreasing by 19bps from 5.08% to 4.89%, product fee £0, cashback £250

[FO36145] 60% LTV, decreasing by 19bps from 5.08% to 4.89%, product fee £0

[FO36164] 60% LTV, decreasing by 19bps from 4.78% to 4.59%, product fee £995, cashback £250

[FO36146] 75% LTV, decreasing by 24bps from 4.88% to 4.64%, product fee £995

[FO36147] 75% LTV, decreasing by 19bps from 5.13% to 4.94%, product fee £0

[FO36167] 75% LTV, decreasing by 19bps from 5.13% to 4.94%, product fee £0, cashback £250

[FO36166] 75% LTV, decreasing by 24bps from 4.88% to 4.64%, product fee £995, cashback £250

[FO36148] 80% LTV, decreasing by 10bps from 4.98% to 4.88%, product fee £995

[FO36168] 80% LTV, decreasing by 10bps from 4.98% to 4.88%, product fee £995, cashback £250

[FO36169] 80% LTV, decreasing by 12bps from 5.28% to 5.16%, product fee £0, cashback £250

[FO36149] 80% LTV, decreasing by 12bps from 5.28% to 5.16%, product fee £0

[FO36150] 85% LTV, decreasing by 14bps from 5.03% to 4.89%, product fee £995

[FO36151] 85% LTV, decreasing by 12bps from 5.33% to 5.21%, product fee £0

[FO36170] 85% LTV, decreasing by 14bps from 5.03% to 4.89%, product fee £995, cashback £250

[FO36171] 85% LTV, decreasing by 12bps from 5.33% to 5.21%, product fee £0, cashback £250

[FO36152] 90% LTV, decreasing by 10bps from 5.33% to 5.23%, product fee £995

[FO36172] 90% LTV, decreasing by 10bps from 5.33% to 5.23%, product fee £995, cashback £250

[FO36173] 90% LTV, decreasing by 10bps from 5.58% to 5.48%, product fee £0, cashback £250

[FO36153] 90% LTV, decreasing by 10bps from 5.58% to 5.48%, product fee £0

5 year fixed rate purchase

[FO36135] 60% LTV, decreasing by 12bps from 4.55% to 4.43%, product fee £0

[FO36134] 60% LTV, decreasing by 10bps from 4.43% to 4.33%, product fee £995

[FO36136] 75% LTV, decreasing by 10bps from 4.48% to 4.38%, product fee £995

[FO36137] 75% LTV, decreasing by 7bps from 4.60% to 4.53%, product fee £0

[FO36138] 80% LTV, decreasing by 10bps from 4.63% to 4.53%, product fee £995

[FO36139] 80% LTV, decreasing by 12bps from 4.75% to 4.63%, product fee £0

[FO36141] 85% LTV, decreasing by 12bps from 4.80% to 4.68%, product fee £0

[FO36140] 85% LTV, decreasing by 10bps from 4.68% to 4.58%, product fee £995

[FO36143] 90% LTV, decreasing by 7bps from 4.90% to 4.83%, product fee £0

[FO36142] 90% LTV, decreasing by 5bps from 4.78% to 4.73%, product fee £995

5 year fixed rate remortgage

[FO36155] 60% LTV, decreasing by 21bps from 4.55% to 4.34%, product fee £0

[FO36154] 60% LTV, decreasing by 9bps from 4.33% to 4.24%, product fee £995

[FO36175] 60% LTV, decreasing by 21bps from 4.55% to 4.34%, product fee £0, cashback £250

[FO36174] 60% LTV, decreasing by 9bps from 4.33% to 4.24%, product fee £995, cashback £250

[FO36176] 75% LTV, decreasing by 19bps from 4.48% to 4.29%, product fee £995, cashback £250

[FO36177] 75% LTV, decreasing by 21bps from 4.60% to 4.39%, product fee £0, cashback £250

[FO36156] 75% LTV, decreasing by 19bps from 4.48% to 4.29%, product fee £995

[FO36157] 75% LTV, decreasing by 21bps from 4.60% to 4.39%, product fee £0

[FO36158] 80% LTV, decreasing by 14bps from 4.63% to 4.49%, product fee £995

[FO36178] 80% LTV, decreasing by 14bps from 4.63% to 4.49%, product fee £995, cashback £250

[FO36179] 80% LTV, decreasing by 6bps from 4.75% to 4.69%, product fee £0, cashback £250

[FO36159] 80% LTV, decreasing by 6bps from 4.75% to 4.69%, product fee £0

[FO36181] 85% LTV, decreasing by 11bps from 4.80% to 4.69%, product fee £0, cashback £250

[FO36160] 85% LTV, decreasing by 19bps from 4.68% to 4.49%, product fee £995

[FO36161] 85% LTV, decreasing by 11bps from 4.80% to 4.69%, product fee £0

[FO36180] 85% LTV, decreasing by 19bps from 4.68% to 4.49%, product fee £995, cashback £250

[FO36183] 90% LTV, decreasing by 6bps from 4.90% to 4.84%, product fee £0, cashback £250

[FO36162] 90% LTV, decreasing by 5bps from 4.78% to 4.73%, product fee £995

[FO36182] 90% LTV, decreasing by 5bps from 4.78% to 4.73%, product fee £995, cashback £250

[FO36163] 90% LTV, decreasing by 6bps from 4.90% to 4.84%, product fee £0

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO36185] 85% LTV, decreasing by 10bps from 5.33% to 5.23%, product fee £0, cashback £250

[FO36184] 85% LTV, decreasing by 10bps from 5.03% to 4.93%, product fee £995, cashback £250

[FO36186] 90% LTV, decreasing by 10bps from 5.33% to 5.23%, product fee £995, cashback £250

[FO36187] 90% LTV, decreasing by 10bps from 5.58% to 5.48%, product fee £0, cashback £250

5 year fixed rate purchase

[FO36188] 85% LTV, decreasing by 10bps from 4.68% to 4.58%, product fee £995, cashback £250

[FO36189] 85% LTV, decreasing by 12bps from 4.80% to 4.68%, product fee £0, cashback £250

[FO36191] 90% LTV, decreasing by 7bps from 4.90% to 4.83%, product fee £0, cashback £250

[FO36190] 90% LTV, decreasing by 5bps from 4.78% to 4.73%, product fee £995, cashback £250

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO36193] 60% LTV, decreasing by 15bps from 5.23% to 5.08%, product fee £0

[FO36192] 60% LTV, decreasing by 10bps from 4.93% to 4.83%, product fee £995, cashback £250

[FO36195] 75% LTV, decreasing by 10bps from 5.28% to 5.18%, product fee £0

[FO36194] 75% LTV, decreasing by 10bps from 5.03% to 4.93%, product fee £995, cashback £250

5 year fixed rate purchase

[FO36197] 60% LTV, decreasing by 12bps from 4.70% to 4.58%, product fee £0

[FO36196] 60% LTV, decreasing by 10bps from 4.58% to 4.48%, product fee £995, cashback £250

[FO36198] 75% LTV, decreasing by 10bps from 4.63% to 4.53%, product fee £995, cashback £250

[FO36199] 75% LTV, decreasing by 7bps from 4.75% to 4.68%, product fee £0

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate purchase

[FO36201] 60% LTV, decreasing by 15bps from 5.23% to 5.08%, product fee £0

[FO36200] 60% LTV, decreasing by 10bps from 4.93% to 4.83%, product fee £995, cashback £250

[FO36202] 75% LTV, decreasing by 10bps from 5.03% to 4.93%, product fee £995, cashback £250

[FO36203] 75% LTV, decreasing by 10bps from 5.28% to 5.18%, product fee £0

2 year fixed rate remortgage

[FO36209] 60% LTV, decreasing by 19bps from 5.23% to 5.04%, product fee £0

[FO36208] 60% LTV, decreasing by 19bps from 4.93% to 4.74%, product fee £995, cashback £500

[FO36211] 75% LTV, decreasing by 19bps from 5.28% to 5.09%, product fee £0

[FO36210] 75% LTV, decreasing by 24bps from 5.03% to 4.79%, product fee £995, cashback £500

5 year fixed rate purchase

[FO36205] 60% LTV, decreasing by 12bps from 4.70% to 4.58%, product fee £0

[FO36204] 60% LTV, decreasing by 10bps from 4.58% to 4.48%, product fee £995, cashback £250

[FO36207] 75% LTV, decreasing by 7bps from 4.75% to 4.68%, product fee £0

[FO36206] 75% LTV, decreasing by 10bps from 4.63% to 4.53%, product fee £995, cashback £250

5 year fixed rate remortgage

[FO36212] 60% LTV, decreasing by 19bps from 4.58% to 4.39%, product fee £995, cashback £500

[FO36213] 60% LTV, decreasing by 21bps from 4.70% to 4.49%, product fee £0

[FO36214] 75% LTV, decreasing by 19bps from 4.63% to 4.44%, product fee £995, cashback £500

[FO36215] 75% LTV, decreasing by 21bps from 4.75% to 4.54%, product fee £0

 

BTL Range

Buy To Let

Rate Changes

5 year fixed rate purchase

[FO36234] 75% LTV, decreasing by 12bps from 5.22% to 5.10%, product fee £1,495

5 year fixed rate remortgage

[FO36235] 75% LTV, decreasing by 12bps from 5.22% to 5.10%, product fee £1,495

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO36216] 60% LTV, decreasing by 10bps from 4.73% to 4.63%, product fee £995

[FO36217] 75% LTV, decreasing by 10bps from 4.83% to 4.73%, product fee £995

[FO36218] 85% LTV, decreasing by 10bps from 4.98% to 4.88%, product fee £995

2 year fixed rate remortgage

[FO36228] 60% LTV, decreasing by 19bps from 4.73% to 4.54%, product fee £995, cashback £250

[FO36222] 60% LTV, decreasing by 19bps from 4.73% to 4.54%, product fee £995

[FO36229] 75% LTV, decreasing by 24bps from 4.83% to 4.59%, product fee £995, cashback £250

[FO36223] 75% LTV, decreasing by 24bps from 4.83% to 4.59%, product fee £995

[FO36224] 85% LTV, decreasing by 14bps from 4.98% to 4.84%, product fee £995

[FO36230] 85% LTV, decreasing by 14bps from 4.98% to 4.84%, product fee £995, cashback £250

5 year fixed rate purchase

[FO36219] 60% LTV, decreasing by 10bps from 4.38% to 4.28%, product fee £995

[FO36220] 75% LTV, decreasing by 10bps from 4.43% to 4.33%, product fee £995

[FO36221] 85% LTV, decreasing by 10bps from 4.63% to 4.53%, product fee £995

5 year fixed rate remortgage

[FO36231] 60% LTV, decreasing by 9bps from 4.28% to 4.19%, product fee £995, cashback £250

[FO36225] 60% LTV, decreasing by 9bps from 4.28% to 4.19%, product fee £995

[FO36226] 75% LTV, decreasing by 19bps from 4.43% to 4.24%, product fee £995

[FO36232] 75% LTV, decreasing by 19bps from 4.43% to 4.24%, product fee £995, cashback £250

[FO36227] 85% LTV, decreasing by 19bps from 4.63% to 4.44%, product fee £995

[FO36233] 85% LTV, decreasing by 19bps from 4.63% to 4.44%, product fee £995, cashback £250

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO36238] 60% LTV, decreasing by 13bps from 5.02% to 4.89%, product fee £0

[FO36237] 60% LTV, decreasing by 14bps from 4.86% to 4.72%, product fee £495

2 year fixed rate switcher - high value

[FO36260] 60% LTV, decreasing by 14bps from 4.65% to 4.51%, product fee £1,495

2 year fixed rate switcher

[FO36236] 60% LTV, decreasing by 14bps from 4.73% to 4.59%, product fee £995

2 year fixed rate switcher - high value

[FO36261] 75% LTV, decreasing by 16bps from 4.72% to 4.56%, product fee £1,495

2 year fixed rate switcher

[FO36240] 75% LTV, decreasing by 13bps from 5.07% to 4.94%, product fee £0

[FO36239] 75% LTV, decreasing by 16bps from 4.80% to 4.64%, product fee £995

2 year fixed rate switcher - high value

[FO36262] 80% LTV, decreasing by 5bps from 4.85% to 4.80%, product fee £1,495

2 year fixed rate switcher

[FO36241] 80% LTV, decreasing by 5bps from 4.93% to 4.88%, product fee £995

[FO36242] 80% LTV, decreasing by 6bps from 5.22% to 5.16%, product fee £0

[FO36244] 85% LTV, decreasing by 6bps from 5.27% to 5.21%, product fee £0

[FO36243] 85% LTV, decreasing by 10bps from 4.98% to 4.88%, product fee £995

2 year fixed rate switcher - high value

[FO36263] 85% LTV, decreasing by 10bps from 4.90% to 4.80%, product fee £1,495

2 year fixed rate switcher

[FO36246] 90% LTV, decreasing by 9bps from 5.57% to 5.48%, product fee £0

[FO36245] 90% LTV, decreasing by 5bps from 5.28% to 5.23%, product fee £995

[FO36247] 100% LTV, decreasing by 5bps from 5.54% to 5.49%, product fee £995

[FO36248] 100% LTV, decreasing by 9bps from 5.67% to 5.58%, product fee £0

5 year fixed rate switcher

[FO36250] 60% LTV, decreasing by 13bps from 4.42% to 4.29%, product fee £495

[FO36249] 60% LTV, decreasing by 9bps from 4.33% to 4.24%, product fee £995

[FO36251] 60% LTV, decreasing by 12bps from 4.46% to 4.34%, product fee £0

5 year fixed rate switcher - high value

[FO36264] 60% LTV, decreasing by 9bps from 4.27% to 4.18%, product fee £1,495

[FO36265] 75% LTV, decreasing by 10bps from 4.33% to 4.23%, product fee £1,495

5 year fixed rate switcher

[FO36253] 75% LTV, decreasing by 12bps from 4.51% to 4.39%, product fee £0

[FO36252] 75% LTV, decreasing by 10bps from 4.39% to 4.29%, product fee £995

5 year fixed rate switcher - high value

[FO36266] 80% LTV, decreasing by 11bps from 4.54% to 4.43%, product fee £1,495

5 year fixed rate switcher

[FO36254] 80% LTV, decreasing by 11bps from 4.60% to 4.49%, product fee £995

[FO36255] 80% LTV, decreasing by 8bps from 4.71% to 4.63%, product fee £0

[FO36257] 85% LTV, decreasing by 8bps from 4.76% to 4.68%, product fee £0

[FO36256] 85% LTV, decreasing by 16bps from 4.65% to 4.49%, product fee £995

5 year fixed rate switcher - high value

[FO36267] 85% LTV, decreasing by 16bps from 4.59% to 4.43%, product fee £1,495

5 year fixed rate switcher

[FO36259] 90% LTV, decreasing by 3bps from 4.86% to 4.83%, product fee £0

[FO36258] 90% LTV, decreasing by 3bps from 4.75% to 4.72%, product fee £995

 

 

End dates

 

2 Year Term End Dates Moving from 31st May 2025 to 30th June 2025

5 Year Term End Dates Moving from 31st May 2028 to 30th June 2028

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm on Monday 30th January 2023.

 

If you’re unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Tuesday 31st January 2023. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·        Your details - name, company and postcode

·        Customer name

·        Product applying for

·        Amount of mortgage loan

·        Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

From Monday 23rd January we are making changes to our Standard Variable Rates (SVR) for our residential and Buy to Let mortgages.

 

This means that the SVR for all new residential and Buy to Let mortgage deals will be 6.74%

 

Customers who have currently applied for, or are on a fixed rate deal, will move on to the new SVR at the end of their current product term.

 

All product codes will remain unchanged. For a complete listing of all our mortgage products, please visit the product page on our website.

We’re pleased to confirm that from the 18^th January we will be making a range of improvements to our remortgage proposition.

 

What’s changing?

 

·        We’re launching an additional range of remortgage products for our residential and green ranges which will provide £250 cashback. The cashback amount may vary in due course. Our ‘fees free’ legal products will still be available, and these two options will co-exist, giving customers the choice of which option is best for them

 

·        For customers who wish to choose their own solicitors, we have increased the maximum remortgage loan amount from £2 million to £10 million, which aligns with our purchase range of products.  If choosing to use the remortgage cashback range, you will need to provide the details of the solicitors being used at time of application. Please note that when a customer wants to choose to use their own solicitor, they must be on the LMS approved panel

 

·        We’re removing all standard valuation fees on remortgage products up to a property value of £10 million

 

Our existing range of remortgage free legal products up to a value of £2 million will still be available, providing you with choice at time of application.

 

If you have any questions relating to this change, please consult our range of FAQs here. [Link to be inputted when web content is published]

 

Procuration fee cap

 

From the 18^th January we are also removing the procuration fee cap across all residential and Buy to Let products including product transfers. This will apply for all applications submitted from the 18^th January.

 

FAQS

What loans qualify for free valuations? Is it limited by loan size or house value?

For remortgage products, when a customer is using their own solicitor, free valuations are available on properties valued up to £10 million.

What are free legals?

Free legals are available on some of our remortgage products. When one of these products is selected the bank will appoint and pay a solicitor to manage a standard remortgage. All of our panel commit to charging the same scale of fees for any additional services which a customer may require. Please refer to our list of these fees which can be found under ‘solicitor fees’ on our A-Z of Lending criteria.

When using a free legal product, max loan size is capped at £2 million, consequently this will also cap free valuations at £2 million.

There is no change for purchase applications where we offer a free valuation up to £3 million and guidance is available on our A-Z of lending criteria.

What alternatives are there to products with free legals?

From the 18^th January, we now offer an alternative range of remortgage products for our residential and green ranges which will provide £250 cashback.

These products facilitate the use of customers choice of solicitor. Customers are required to appoint and pay their own conveyancer, when choosing one of these products.

How do they choose?

When applications are completed via the intermediary website, you will be able to select whether or not a customer intends to use their own solicitor. Based on the answer to this question, products will be filtered to show those including free legal or own solicitors (cashback).

How do I check if a solicitor is on the LMS conveyancing panel?

Whilst the solicitor should be able to confirm, you can also check with our LiveTALK team, who hold the up to date panel list

Can the customer use their own solicitor? Are there any restrictions?

Customers choosing the own solicitor products are free to choose their own conveyancer. Any appointed solicitor must be on the approved panel. Cases which have unapproved solicitors will not be able to progress.

When will my customer receive the cashback?

Cashback will be paid to the solicitor at the point of completion.

What do I do if the customer changes their mind about using their own solicitor?

If a customer submits their case before the 18^th January, they can change to the new products like they could in any other journey. The new solicitor details must be passed to Mortgage Operations for manual amendment of both solicitor details and product code.

If a customer changes their mind about whether or not to use their own solicitor after the 18^th January, they can switch their product and the rate will be from point of change rather than initial application. As above, you need to ensure that the requested solicitor is on our approved panel and then send in a memo confirming the request change and you must include the new product code and also the full details of the new solicitor

Effective from Wednesday 18^th January 2023

 

Here’s a full list of the changes with product codes in brackets:

 

New Business

 

Core Range

Residential

Rate Changes

5 year fixed rate remortgage

[FO36060] 60% LTV, decreasing by 10bps from 4.43% to 4.33%, product fee £995

New Products

2 year fixed rate remortgage

[FO36000] 60% LTV, 4.78%, product fee £995, cashback £250

[FO36001] 60% LTV, 5.08%, product fee £0, cashback £250

[FO36002] 75% LTV, 4.88%, product fee £995, cashback £250

[FO36009] 75% LTV, 5.13%, product fee £0, cashback £250

[FO36003] 80% LTV, 5.28%, product fee £0, cashback £250

[FO36004] 80% LTV, 4.98%, product fee £995, cashback £250

[FO36006] 85% LTV, 5.33%, product fee £0, cashback £250

[FO36005] 85% LTV, 5.03%, product fee £995, cashback £250

[FO36008] 90% LTV, 5.58%, product fee £0, cashback £250

[FO36007] 90% LTV, 5.33%, product fee £995, cashback £250

2 year tracker rate remortgage

[TO5854] 60% LTV, 4.74%, product fee £0, cashback £250

[TO5853] 60% LTV, 3.89%, product fee £995, cashback £250

[TO5856] 75% LTV, 4.79%, product fee £0, cashback £250

[TO5855] 75% LTV, 4.04%, product fee £995, cashback £250

[TO5857] 80% LTV, 4.29%, product fee £995, cashback £250

[TO5858] 80% LTV, 4.79%, product fee £0, cashback £250

[TO5859] 85% LTV, 4.29%, product fee £995, cashback £250

[TO5860] 85% LTV, 4.84%, product fee £0, cashback £250

[TO5861] 90% LTV, 4.49%, product fee £995, cashback £250

[TO5862] 90% LTV, 4.89%, product fee £0, cashback £250

5 year fixed rate remortgage

[FO36011] 60% LTV, 4.55%, product fee £0, cashback £250

[FO36010] 60% LTV, 4.33%, product fee £995, cashback £250

[FO36013] 75% LTV, 4.60%, product fee £0, cashback £250

[FO36012] 75% LTV, 4.48%, product fee £995, cashback £250

[FO36015] 80% LTV, 4.75%, product fee £0, cashback £250

[FO36014] 80% LTV, 4.63%, product fee £995, cashback £250

[FO36017] 85% LTV, 4.80%, product fee £0, cashback £250

[FO36016] 85% LTV, 4.68%, product fee £995, cashback £250

[FO36018] 90% LTV, 4.78%, product fee £995, cashback £250

[FO36019] 90% LTV, 4.90%, product fee £0, cashback £250

 

Green Mortgages

Residential

Rate Changes

5 year fixed rate remortgage

[FO36061] 60% LTV, decreasing by 10bps from 4.38% to 4.28%, product fee £995

New Products

2 year fixed rate remortgage

[FO36020] 60% LTV, 4.73%, product fee £995, cashback £250

[FO36021] 75% LTV, 4.83%, product fee £995, cashback £250

[FO36022] 85% LTV, 4.98%, product fee £995, cashback £250

5 year fixed rate remortgage

[FO36023] 60% LTV, 4.28%, product fee £995, cashback £250

[FO36024] 75% LTV, 4.43%, product fee £995, cashback £250

[FO36025] 85% LTV, 4.63%, product fee £995, cashback £250

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher - high value

[FO35994] 60% LTV, decreasing by 5bps from 4.70% to 4.65%, product fee £1,495

[FO35995] 75% LTV, decreasing by 5bps from 4.77% to 4.72%, product fee £1,495

[FO35996] 80% LTV, decreasing by 5bps from 4.90% to 4.85%, product fee £1,495

[FO35997] 85% LTV, decreasing by 5bps from 4.95% to 4.90%, product fee £1,495

 

5 year fixed rate switcher - high value

[FO35998] 60% LTV, decreasing by 6bps from 4.33% to 4.27%, product fee £1,495

[FO35999] 75% LTV, decreasing by 5bps from 4.38% to 4.33%, product fee £1,495

 

 

2 year fixed rate switcher

[FO35973] 60% LTV, decreasing by 5bps from 4.78% to 4.73%, product fee £995

[FO35974] 60% LTV, decreasing by 5bps from 4.91% to 4.86%, product fee £495

[FO35975] 60% LTV, decreasing by 5bps from 5.07% to 5.02%, product fee £0

[FO35977] 75% LTV, decreasing by 5bps from 5.12% to 5.07%, product fee £0

[FO35976] 75% LTV, decreasing by 5bps from 4.85% to 4.80%, product fee £995

[FO35979] 80% LTV, decreasing by 5bps from 5.27% to 5.22%, product fee £0

[FO35978] 80% LTV, decreasing by 5bps from 4.98% to 4.93%, product fee £995

[FO35980] 85% LTV, decreasing by 5bps from 5.03% to 4.98%, product fee £995

[FO35981] 85% LTV, decreasing by 5bps from 5.32% to 5.27%, product fee £0

2 year tracker rate switcher

[TO5863] 60% LTV, decreasing by 6bps from 3.89% to 3.83%, product fee £995

5 year fixed rate switcher

[FO35984] 60% LTV, decreasing by 5bps from 4.51% to 4.46%, product fee £0

[FO35982] 60% LTV, decreasing by 6bps from 4.39% to 4.33%, product fee £995

[FO35983] 60% LTV, decreasing by 5bps from 4.47% to 4.42%, product fee £495

[FO35985] 75% LTV, decreasing by 5bps from 4.44% to 4.39%, product fee £995

[FO35986] 75% LTV, decreasing by 5bps from 4.56% to 4.51%, product fee £0

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO35987] 60% LTV, decreasing by 5bps from 5.22% to 5.17%, product fee £995

[FO35988] 75% LTV, decreasing by 5bps from 5.42% to 5.37%, product fee £995

[FO35989] 75% LTV, decreasing by 5bps from 5.89% to 5.84%, product fee £0

5 year fixed rate switcher

[FO35990] 60% LTV, decreasing by 5bps from 5.00% to 4.95%, product fee £995

[FO35991] 60% LTV, decreasing by 5bps from 5.19% to 5.14%, product fee £0

[FO35992] 75% LTV, decreasing by 5bps from 5.27% to 5.22%, product fee £995

[FO35993] 75% LTV, decreasing by 5bps from 5.43% to 5.38%, product fee £0

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Tuesday 17^th January 2023.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Wednesday 18^th January 2023. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·        Your details - name, company and postcode

·        Customer name

·        Product applying for

·        Amount of mortgage loan

·        Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Tuesday 10th January 2023

 

Here’s a full list of the changes with product codes in brackets:

 

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO35631] 60% LTV, decreasing by 62bps from 5.40% to 4.78%, product fee £995

[FO35632] 60% LTV, decreasing by 67bps from 5.75% to 5.08%, product fee £0

[FO35634] 75% LTV, decreasing by 72bps from 5.85% to 5.13%, product fee £0

[FO35633] 75% LTV, decreasing by 57bps from 5.45% to 4.88%, product fee £995

[FO35635] 80% LTV, decreasing by 62bps from 5.60% to 4.98%, product fee £995

[FO35636] 80% LTV, decreasing by 62bps from 5.90% to 5.28%, product fee £0

[FO35638] 85% LTV, decreasing by 66bps from 5.99% to 5.33%, product fee £0

[FO35637] 85% LTV, decreasing by 62bps from 5.65% to 5.03%, product fee £995

[FO35639] 90% LTV, decreasing by 42bps from 5.75% to 5.33%, product fee £995

[FO35640] 90% LTV, decreasing by 41bps from 5.99% to 5.58%, product fee £0

[FO35641] 95% LTV, decreasing by 41bps from 6.40% to 5.99%, product fee £0, cashback £750

2 year fixed rate remortgage

[FO35653] 60% LTV, decreasing by 41bps from 5.19% to 4.78%, product fee £995

[FO35654] 60% LTV, decreasing by 36bps from 5.44% to 5.08%, product fee £0

[FO35655] 75% LTV, decreasing by 36bps from 5.24% to 4.88%, product fee £995

[FO35656] 75% LTV, decreasing by 51bps from 5.64% to 5.13%, product fee £0

[FO35657] 80% LTV, decreasing by 36bps from 5.34% to 4.98%, product fee £995

[FO35658] 80% LTV, decreasing by 46bps from 5.74% to 5.28%, product fee £0

[FO35659] 85% LTV, decreasing by 41bps from 5.44% to 5.03%, product fee £995

[FO35660] 85% LTV, decreasing by 51bps from 5.84% to 5.33%, product fee £0

[FO35662] 90% LTV, decreasing by 41bps from 5.99% to 5.58%, product fee £0

[FO35661] 90% LTV, decreasing by 36bps from 5.69% to 5.33%, product fee £995

2 year tracker rate purchase

[TO5793] 60% LTV, decreasing by 20bps from 4.09% to 3.89%, product fee £995

[TO5794] 75% LTV, decreasing by 19bps from 4.23% to 4.04%, product fee £995

[TO5795] 80% LTV, decreasing by 16bps from 4.45% to 4.29%, product fee £995

[TO5796] 85% LTV, decreasing by 16bps from 4.45% to 4.29%, product fee £995

[TO5797] 90% LTV, decreasing by 10bps from 4.59% to 4.49%, product fee £995

 

2 year tracker rate remortgage

[TO5798] 60% LTV, decreasing by 20bps from 4.09% to 3.89%, product fee £995

[TO5799] 75% LTV, decreasing by 19bps from 4.23% to 4.04%, product fee £995

[TO5800] 80% LTV, decreasing by 16bps from 4.45% to 4.29%, product fee £995

[TO5801] 85% LTV, decreasing by 16bps from 4.45% to 4.29%, product fee £995

[TO5802] 90% LTV, decreasing by 10bps from 4.59% to 4.49%, product fee £995

5 year fixed rate purchase

[FO35642] 60% LTV, decreasing by 62bps from 5.05% to 4.43%, product fee £995

[FO35643] 60% LTV, decreasing by 70bps from 5.25% to 4.55%, product fee £0

[FO35645] 75% LTV, decreasing by 70bps from 5.30% to 4.60%, product fee £0

[FO35644] 75% LTV, decreasing by 67bps from 5.15% to 4.48%, product fee £995

[FO35646] 80% LTV, decreasing by 57bps from 5.20% to 4.63%, product fee £995

[FO35647] 80% LTV, decreasing by 70bps from 5.45% to 4.75%, product fee £0

[FO35649] 85% LTV, decreasing by 70bps from 5.50% to 4.80%, product fee £0

[FO35648] 85% LTV, decreasing by 57bps from 5.25% to 4.68%, product fee £995

[FO35651] 90% LTV, decreasing by 60bps from 5.50% to 4.90%, product fee £0

[FO35650] 90% LTV, decreasing by 57bps from 5.35% to 4.78%, product fee £995

[FO35652] 95% LTV, decreasing by 55bps from 5.80% to 5.25%, product fee £0, cashback £750

5 year fixed rate remortgage

[FO35664] 60% LTV, decreasing by 64bps from 5.19% to 4.55%, product fee £0

[FO35663] 60% LTV, decreasing by 55bps from 4.98% to 4.43%, product fee £995

[FO35666] 75% LTV, decreasing by 64bps from 5.24% to 4.60%, product fee £0

[FO35665] 75% LTV, decreasing by 55bps from 5.03% to 4.48%, product fee £995

[FO35668] 80% LTV, decreasing by 64bps from 5.39% to 4.75%, product fee £0

[FO35667] 80% LTV, decreasing by 51bps from 5.14% to 4.63%, product fee £995

[FO35670] 85% LTV, decreasing by 64bps from 5.44% to 4.80%, product fee £0

[FO35669] 85% LTV, decreasing by 51bps from 5.19% to 4.68%, product fee £995

[FO35671] 90% LTV, decreasing by 71bps from 5.49% to 4.78%, product fee £995

[FO35672] 90% LTV, decreasing by 74bps from 5.64% to 4.90%, product fee £0

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO35673] 85% LTV, decreasing by 62bps from 5.65% to 5.03%, product fee £995, cashback £250

[FO35674] 85% LTV, decreasing by 66bps from 5.99% to 5.33%, product fee £0, cashback £250

[FO35675] 90% LTV, decreasing by 42bps from 5.75% to 5.33%, product fee £995, cashback £250

[FO35676] 90% LTV, decreasing by 41bps from 5.99% to 5.58%, product fee £0, cashback £250

5 year fixed rate purchase

[FO35678] 85% LTV, decreasing by 70bps from 5.50% to 4.80%, product fee £0, cashback £250

[FO35677] 85% LTV, decreasing by 57bps from 5.25% to 4.68%, product fee £995, cashback £250

[FO35679] 90% LTV, decreasing by 57bps from 5.35% to 4.78%, product fee £995, cashback £250

[FO35680] 90% LTV, decreasing by 60bps from 5.50% to 4.90%, product fee £0, cashback £250

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO35681] 60% LTV, decreasing by 57bps from 5.50% to 4.93%, product fee £995, cashback £250

[FO35682] 60% LTV, decreasing by 62bps from 5.85% to 5.23%, product fee £0

[FO35683] 75% LTV, decreasing by 52bps from 5.55% to 5.03%, product fee £995, cashback £250

[FO35684] 75% LTV, decreasing by 67bps from 5.95% to 5.28%, product fee £0

5 year fixed rate purchase

[FO35685] 60% LTV, decreasing by 57bps from 5.15% to 4.58%, product fee £995, cashback £250

[FO35686] 60% LTV, decreasing by 65bps from 5.35% to 4.70%, product fee £0

[FO35688] 75% LTV, decreasing by 65bps from 5.40% to 4.75%, product fee £0

[FO35687] 75% LTV, decreasing by 62bps from 5.25% to 4.63%, product fee £995, cashback £250

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate purchase

[FO35689] 60% LTV, decreasing by 57bps from 5.50% to 4.93%, product fee £995, cashback £250

[FO35690] 60% LTV, decreasing by 62bps from 5.85% to 5.23%, product fee £0

[FO35692] 75% LTV, decreasing by 67bps from 5.95% to 5.28%, product fee £0

[FO35691] 75% LTV, decreasing by 52bps from 5.55% to 5.03%, product fee £995, cashback £250

2 year fixed rate remortgage

[FO35697] 60% LTV, decreasing by 36bps from 5.29% to 4.93%, product fee £995, cashback £500

[FO35698] 60% LTV, decreasing by 31bps from 5.54% to 5.23%, product fee £0

[FO35700] 75% LTV, decreasing by 46bps from 5.74% to 5.28%, product fee £0

[FO35699] 75% LTV, decreasing by 31bps from 5.34% to 5.03%, product fee £995, cashback £500

5 year fixed rate purchase

[FO35694] 60% LTV, decreasing by 65bps from 5.35% to 4.70%, product fee £0

[FO35693] 60% LTV, decreasing by 57bps from 5.15% to 4.58%, product fee £995, cashback £250

[FO35695] 75% LTV, decreasing by 62bps from 5.25% to 4.63%, product fee £995, cashback £250

[FO35696] 75% LTV, decreasing by 65bps from 5.40% to 4.75%, product fee £0

5 year fixed rate remortgage

[FO35702] 60% LTV, decreasing by 59bps from 5.29% to 4.70%, product fee £0

[FO35701] 60% LTV, decreasing by 50bps from 5.08% to 4.58%, product fee £995, cashback £500

[FO35704] 75% LTV, decreasing by 59bps from 5.34% to 4.75%, product fee £0

[FO35703] 75% LTV, decreasing by 50bps from 5.13% to 4.63%, product fee £995, cashback £500

 

BTL Range

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO35713] 60% LTV, decreasing by 37bps from 5.44% to 5.07%, product fee £1,495

[FO35706] 60% LTV, decreasing by 17bps from 5.89% to 5.72%, product fee £0

[FO35705] 60% LTV, decreasing by 37bps from 5.59% to 5.22%, product fee £995

[FO35708] 75% LTV, decreasing by 28bps from 6.17% to 5.89%, product fee £0

[FO35707] 75% LTV, decreasing by 47bps from 5.89% to 5.42%, product fee £995

[FO35714] 75% LTV, decreasing by 47bps from 5.74% to 5.27%, product fee £1,495

2 year fixed rate remortgage

[FO35718] 60% LTV, decreasing by 17bps from 5.89% to 5.72%, product fee £0

[FO35717] 60% LTV, decreasing by 37bps from 5.59% to 5.22%, product fee £995

[FO35725] 60% LTV, decreasing by 37bps from 5.44% to 5.07%, product fee £1,495

[FO35719] 75% LTV, decreasing by 47bps from 5.89% to 5.42%, product fee £995

[FO35726] 75% LTV, decreasing by 57bps from 5.84% to 5.27%, product fee £1,495

[FO35720] 75% LTV, decreasing by 28bps from 6.17% to 5.89%, product fee £0

5 year fixed rate purchase

[FO35710] 60% LTV, decreasing by 34bps from 5.53% to 5.19%, product fee £0

[FO35715] 60% LTV, decreasing by 35bps from 5.30% to 4.95%, product fee £1,495

[FO35709] 60% LTV, decreasing by 35bps from 5.35% to 5.00%, product fee £995

[FO35711] 75% LTV, decreasing by 32bps from 5.59% to 5.27%, product fee £995

[FO35712] 75% LTV, decreasing by 41bps from 5.84% to 5.43%, product fee £0

[FO35716] 75% LTV, decreasing by 32bps from 5.54% to 5.22%, product fee £1,495

5 year fixed rate remortgage

[FO35727] 60% LTV, decreasing by 35bps from 5.30% to 4.95%, product fee £1,495

[FO35722] 60% LTV, decreasing by 34bps from 5.53% to 5.19%, product fee £0

[FO35721] 60% LTV, decreasing by 35bps from 5.35% to 5.00%, product fee £995

[FO35728] 75% LTV, decreasing by 32bps from 5.54% to 5.22%, product fee £1,495

[FO35723] 75% LTV, decreasing by 32bps from 5.59% to 5.27%, product fee £995

[FO35724] 75% LTV, decreasing by 41bps from 5.84% to 5.43%, product fee £0

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO35729] 60% LTV, decreasing by 62bps from 5.35% to 4.73%, product fee £995

[FO35730] 75% LTV, decreasing by 57bps from 5.40% to 4.83%, product fee £995

[FO35731] 85% LTV, decreasing by 62bps from 5.60% to 4.98%, product fee £995

2 year fixed rate remortgage

[FO35735] 60% LTV, decreasing by 41bps from 5.14% to 4.73%, product fee £995

[FO35736] 75% LTV, decreasing by 36bps from 5.19% to 4.83%, product fee £995

[FO35737] 85% LTV, decreasing by 41bps from 5.39% to 4.98%, product fee £995

5 year fixed rate purchase

[FO35732] 60% LTV, decreasing by 62bps from 5.00% to 4.38%, product fee £995

[FO35733] 75% LTV, decreasing by 67bps from 5.10% to 4.43%, product fee £995

[FO35734] 85% LTV, decreasing by 57bps from 5.20% to 4.63%, product fee £995

5 year fixed rate remortgage

[FO35738] 60% LTV, decreasing by 55bps from 4.93% to 4.38%, product fee £995

[FO35739] 75% LTV, decreasing by 55bps from 4.98% to 4.43%, product fee £995

[FO35740] 85% LTV, decreasing by 51bps from 5.14% to 4.63%, product fee £995

 

BTL Green Mortgages

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO35741] 65% LTV, decreasing by 37bps from 5.54% to 5.17%, product fee £995

[FO35742] 75% LTV, decreasing by 47bps from 5.84% to 5.37%, product fee £995

2 year fixed rate remortgage

[FO35745] 65% LTV, decreasing by 37bps from 5.54% to 5.17%, product fee £995

[FO35746] 75% LTV, decreasing by 47bps from 5.84% to 5.37%, product fee £995

5 year fixed rate purchase

[FO35743] 65% LTV, decreasing by 35bps from 5.30% to 4.95%, product fee £995

[FO35744] 75% LTV, decreasing by 32bps from 5.54% to 5.22%, product fee £995

5 year fixed rate remortgage

[FO35747] 65% LTV, decreasing by 35bps from 5.30% to 4.95%, product fee £995

[FO35748] 75% LTV, decreasing by 32bps from 5.54% to 5.22%, product fee £995

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher - high value

[FO35780] 60% LTV, decreasing by 41bps from 5.11% to 4.70%, product fee £1,495

2 year fixed rate switcher

[FO35751] 60% LTV, decreasing by 37bps from 5.44% to 5.07%, product fee £0

[FO35749] 60% LTV, decreasing by 41bps from 5.19% to 4.78%, product fee £995

[FO35750] 60% LTV, decreasing by 39bps from 5.30% to 4.91%, product fee £495

2 year fixed rate switcher - high value

[FO35781] 75% LTV, decreasing by 39bps from 5.16% to 4.77%, product fee £1,495

2 year fixed rate switcher

[FO35752] 75% LTV, decreasing by 39bps from 5.24% to 4.85%, product fee £995

[FO35753] 75% LTV, decreasing by 37bps from 5.49% to 5.12%, product fee £0

2 year fixed rate switcher - high value

[FO35782] 80% LTV, decreasing by 36bps from 5.26% to 4.90%, product fee £1,495

2 year fixed rate switcher

[FO35755] 80% LTV, decreasing by 32bps from 5.59% to 5.27%, product fee £0

[FO35754] 80% LTV, decreasing by 36bps from 5.34% to 4.98%, product fee £995

2 year fixed rate switcher - high value

[FO35783] 85% LTV, decreasing by 36bps from 5.31% to 4.95%, product fee £1,495

2 year fixed rate switcher

[FO35757] 85% LTV, decreasing by 32bps from 5.64% to 5.32%, product fee £0

[FO35756] 85% LTV, decreasing by 36bps from 5.39% to 5.03%, product fee £995

[FO35759] 90% LTV, decreasing by 27bps from 5.84% to 5.57%, product fee £0

[FO35758] 90% LTV, decreasing by 16bps from 5.44% to 5.28%, product fee £995

[FO35760] 100% LTV, decreasing by 27bps from 5.94% to 5.67%, product fee £0

2 year tracker rate switcher

[TO5803] 60% LTV, decreasing by 15bps from 4.04% to 3.89%, product fee £995

[TO5804] 75% LTV, decreasing by 20bps from 4.19% to 3.99%, product fee £995

[TO5805] 80% LTV, decreasing by 16bps from 4.40% to 4.24%, product fee £995

[TO5806] 85% LTV, decreasing by 16bps from 4.40% to 4.24%, product fee £995

[TO5807] 90% LTV, decreasing by 10bps from 4.59% to 4.49%, product fee £995

5 year fixed rate switcher

[FO35763] 60% LTV, decreasing by 61bps from 5.12% to 4.51%, product fee £0

[FO35761] 60% LTV, decreasing by 49bps from 4.88% to 4.39%, product fee £995

[FO35762] 60% LTV, decreasing by 56bps from 5.03% to 4.47%, product fee £495

5 year fixed rate switcher - high value

[FO35784] 60% LTV, decreasing by 49bps from 4.82% to 4.33%, product fee £1,495

5 year fixed rate switcher

[FO35764] 75% LTV, decreasing by 49bps from 4.93% to 4.44%, product fee £995

5 year fixed rate switcher - high value

[FO35785] 75% LTV, decreasing by 49bps from 4.87% to 4.38%, product fee £1,495

5 year fixed rate switcher

[FO35765] 75% LTV, decreasing by 63bps from 5.19% to 4.56%, product fee £0

[FO35767] 80% LTV, decreasing by 53bps from 5.24% to 4.71%, product fee £0

[FO35766] 80% LTV, decreasing by 49bps from 5.09% to 4.60%, product fee £995

5 year fixed rate switcher - high value

[FO35786] 80% LTV, decreasing by 49bps from 5.03% to 4.54%, product fee £1,495

5 year fixed rate switcher

[FO35769] 85% LTV, decreasing by 53bps from 5.29% to 4.76%, product fee £0

[FO35768] 85% LTV, decreasing by 44bps from 5.09% to 4.65%, product fee £995

5 year fixed rate switcher - high value

[FO35787] 85% LTV, decreasing by 44bps from 5.03% to 4.59%, product fee £1,495

5 year fixed rate switcher

[FO35771] 90% LTV, decreasing by 64bps from 5.50% to 4.86%, product fee £0

[FO35770] 90% LTV, decreasing by 49bps from 5.24% to 4.75%, product fee £995

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO35772] 60% LTV, decreasing by 12bps from 5.34% to 5.22%, product fee £995

[FO35773] 75% LTV, decreasing by 22bps from 5.64% to 5.42%, product fee £995

[FO35774] 75% LTV, decreasing by 15bps from 6.04% to 5.89%, product fee £0

[FO35775] 90% LTV, decreasing by 15bps from 6.14% to 5.99%, product fee £0

5 year fixed rate switcher

[FO35776] 60% LTV, decreasing by 10bps from 5.10% to 5.00%, product fee £995

[FO35777] 60% LTV, decreasing by 9bps from 5.28% to 5.19%, product fee £0

[FO35778] 75% LTV, decreasing by 24bps from 5.51% to 5.27%, product fee £995

[FO35779] 75% LTV, decreasing by 26bps from 5.69% to 5.43%, product fee £0

 

 

End dates

 

2 Year Term End Dates Moving from 30 April 2025 to 31 May 2025

5 Year Term End Dates Moving from 30 April 2028 to 31 May 2028

 

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Monday 9th January 2023.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Tuesday 10th January 2023. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·        Your details - name, company and postcode

·        Customer name

·        Product applying for

·        Amount of mortgage loan

·        Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

There has been a change to government legislation which means from the 9th January we will now support more customers with a mortgage on a building with cladding. Particularly those with properties with an A3 or B2 rated cladding system.

 

What’s changing:

 

Leaseholders in eligible buildings will now need to complete and submit a Leaseholder Deeds of Certificate to the building freeholder.

 

The new process will support flats with cladding systems rated A3 or B2 for England only.

We will lend based on a new after repairs figure as confirmed by the valuer on an amended valuation report, as it stands today, before the remediation work will be completed.

 

This new rule will also apply for any applications that we have received before the 9th January, but have not yet been underwritten.

Our new Track and Switch facility allows customers who are uncertain about fixing their rate right now to choose a Tracker mortgage and fix their mortgage rate later.  

 

It’s simple.

 

If it’s right for your customer, they can take any Tracker mortgage now. NatWest Tracker mortgages are variable rate products which track the National Westminster Bank Plc base rate.  You’ll get paid your standard procurement fee for any new or existing business tracker cases.

 

Then, if they wish to switch to a Fixed Rate mortgage, you can use our Product Transfer system to switch them easily onto the Fixed Rate they’d like.  They can only do this once they’ve had their Tracker mortgage for 3 months, they won’t be re-credit scored and you will receive a standard Product Transfer procuration fee.  

 

Find out more about Track and Switch

See our latest Product Guide  

Effective from Thursday 22 December 2022

 

Here’s a full list the changes with product codes in brackets:

New Business

 

Core Range

Residential

New Products

2 year fixed rate purchase

[FO35629] 95% LTV, 6.40%, product fee £0, cashback £750

5 year fixed rate purchase

[FO35630] 95% LTV, 5.80%, product fee £0, cashback £750

 

Mortgage Guarantee

Residential

Withdrawn

2 year fixed rate purchase

[FO35531] 95% LTV, 6.40%, product fee £0, cashback £750

5 year fixed rate purchase

[FO35532] 95% LTV, 5.80%, product fee £0, cashback £750

 

Existing Customer

No Changes

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 21st December 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Thursday 22nd December 2022. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Tuesday 6th December 2022

 

Here’s a full list the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO35468] 60% LTV, decreasing by 47bps from 5.87% to 5.40%, product fee £995

[FO35469] 60% LTV, decreasing by 37bps from 6.12% to 5.75%, product fee £0

[FO35471] 75% LTV, decreasing by 27bps from 6.12% to 5.85%, product fee £0

[FO35470] 75% LTV, decreasing by 42bps from 5.87% to 5.45%, product fee £995

[FO35472] 80% LTV, decreasing by 44bps from 6.04% to 5.60%, product fee £995

[FO35473] 80% LTV, decreasing by 36bps from 6.26% to 5.90%, product fee £0

[FO35475] 85% LTV, decreasing by 27bps from 6.26% to 5.99%, product fee £0

[FO35474] 85% LTV, decreasing by 39bps from 6.04% to 5.65%, product fee £995

[FO35477] 90% LTV, decreasing by 40bps from 6.39% to 5.99%, product fee £0

[FO35476] 90% LTV, decreasing by 29bps from 6.04% to 5.75%, product fee £995

2 year fixed rate remortgage

[FO35488] 60% LTV, decreasing by 48bps from 5.67% to 5.19%, product fee £995

[FO35489] 60% LTV, decreasing by 55bps from 5.99% to 5.44%, product fee £0

[FO35490] 75% LTV, decreasing by 50bps from 5.74% to 5.24%, product fee £995

[FO35491] 75% LTV, decreasing by 40bps from 6.04% to 5.64%, product fee £0

[FO35492] 80% LTV, decreasing by 45bps from 5.79% to 5.34%, product fee £995

[FO35493] 80% LTV, decreasing by 36bps from 6.10% to 5.74%, product fee £0

[FO35494] 85% LTV, decreasing by 40bps from 5.84% to 5.44%, product fee £995

[FO35495] 85% LTV, decreasing by 35bps from 6.19% to 5.84%, product fee £0

[FO35497] 90% LTV, decreasing by 35bps from 6.34% to 5.99%, product fee £0

[FO35496] 90% LTV, decreasing by 30bps from 5.99% to 5.69%, product fee £995

5 year fixed rate purchase

[FO35478] 60% LTV, decreasing by 44bps from 5.49% to 5.05%, product fee £995

[FO35479] 60% LTV, decreasing by 49bps from 5.74% to 5.25%, product fee £0

[FO35480] 75% LTV, decreasing by 39bps from 5.54% to 5.15%, product fee £995

[FO35481] 75% LTV, decreasing by 49bps from 5.79% to 5.30%, product fee £0

[FO35482] 80% LTV, decreasing by 44bps from 5.64% to 5.20%, product fee £995

[FO35483] 80% LTV, decreasing by 49bps from 5.94% to 5.45%, product fee £0

[FO35484] 85% LTV, decreasing by 39bps from 5.64% to 5.25%, product fee £995

[FO35485] 85% LTV, decreasing by 44bps from 5.94% to 5.50%, product fee £0

[FO35486] 90% LTV, decreasing by 54bps from 5.89% to 5.35%, product fee £995

[FO35487] 90% LTV, decreasing by 44bps from 5.94% to 5.50%, product fee £0

5 year fixed rate remortgage

[FO35498] 60% LTV, decreasing by 50bps from 5.69% to 5.19%, product fee £0

[FO35499] 75% LTV, decreasing by 39bps from 5.42% to 5.03%, product fee £995

[FO35500] 75% LTV, decreasing by 45bps from 5.69% to 5.24%, product fee £0

[FO35502] 80% LTV, decreasing by 35bps from 5.74% to 5.39%, product fee £0

[FO35501] 80% LTV, decreasing by 33bps from 5.47% to 5.14%, product fee £995

[FO35504] 85% LTV, decreasing by 30bps from 5.74% to 5.44%, product fee £0

[FO35503] 85% LTV, decreasing by 28bps from 5.47% to 5.19%, product fee £995

[FO35505] 90% LTV, decreasing by 10bps from 5.59% to 5.49%, product fee £995

[FO35506] 90% LTV, decreasing by 25bps from 5.89% to 5.64%, product fee £0

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO35508] 85% LTV, decreasing by 27bps from 6.26% to 5.99%, product fee £0, cashback £250

[FO35507] 85% LTV, decreasing by 39bps from 6.04% to 5.65%, product fee £995, cashback £250

[FO35509] 90% LTV, decreasing by 29bps from 6.04% to 5.75%, product fee £995, cashback £250

[FO35510] 90% LTV, decreasing by 40bps from 6.39% to 5.99%, product fee £0, cashback £250

5 year fixed rate purchase

[FO35512] 85% LTV, decreasing by 44bps from 5.94% to 5.50%, product fee £0, cashback £250

[FO35511] 85% LTV, decreasing by 39bps from 5.64% to 5.25%, product fee £995, cashback £250

[FO35513] 90% LTV, decreasing by 54bps from 5.89% to 5.35%, product fee £995, cashback £250

[FO35514] 90% LTV, decreasing by 44bps from 5.94% to 5.50%, product fee £0, cashback £250

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO35516] 60% LTV, decreasing by 37bps from 6.22% to 5.85%, product fee £0

[FO35515] 60% LTV, decreasing by 47bps from 5.97% to 5.50%, product fee £995, cashback £250

[FO35518] 75% LTV, decreasing by 27bps from 6.22% to 5.95%, product fee £0

[FO35517] 75% LTV, decreasing by 42bps from 5.97% to 5.55%, product fee £995, cashback £250

5 year fixed rate purchase

[FO35520] 60% LTV, decreasing by 49bps from 5.84% to 5.35%, product fee £0

[FO35519] 60% LTV, decreasing by 44bps from 5.59% to 5.15%, product fee £995, cashback £250

[FO35521] 75% LTV, decreasing by 39bps from 5.64% to 5.25%, product fee £995, cashback £250

[FO35522] 75% LTV, decreasing by 49bps from 5.89% to 5.40%, product fee £0

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate purchase

[FO35524] 60% LTV, decreasing by 37bps from 6.22% to 5.85%, product fee £0

[FO35523] 60% LTV, decreasing by 47bps from 5.97% to 5.50%, product fee £995, cashback £250

[FO35526] 75% LTV, decreasing by 27bps from 6.22% to 5.95%, product fee £0

[FO35525] 75% LTV, decreasing by 42bps from 5.97% to 5.55%, product fee £995, cashback £250

2 year fixed rate remortgage

[FO35533] 60% LTV, decreasing by 70bps from 5.99% to 5.29%, product fee £995, cashback £500

[FO35534] 60% LTV, decreasing by 76bps from 6.30% to 5.54%, product fee £0

[FO35536] 75% LTV, decreasing by 56bps from 6.30% to 5.74%, product fee £0

[FO35535] 75% LTV, decreasing by 65bps from 5.99% to 5.34%, product fee £995, cashback £500

5 year fixed rate purchase

[FO35528] 60% LTV, decreasing by 49bps from 5.84% to 5.35%, product fee £0

[FO35527] 60% LTV, decreasing by 44bps from 5.59% to 5.15%, product fee £995, cashback £250

[FO35530] 75% LTV, decreasing by 49bps from 5.89% to 5.40%, product fee £0

[FO35529] 75% LTV, decreasing by 39bps from 5.64% to 5.25%, product fee £995, cashback £250

5 year fixed rate remortgage

[FO35538] 60% LTV, decreasing by 65bps from 5.94% to 5.29%, product fee £0

[FO35537] 60% LTV, decreasing by 61bps from 5.69% to 5.08%, product fee £995, cashback £500

[FO35539] 75% LTV, decreasing by 56bps from 5.69% to 5.13%, product fee £995, cashback £500

[FO35540] 75% LTV, decreasing by 60bps from 5.94% to 5.34%, product fee £0

 

Mortgage Guarantee

Residential

Rate Changes

2 year fixed rate purchase

[FO35531] 95% LTV, decreasing by 45bps from 6.85% to 6.40%, product fee £0, cashback £750

5 year fixed rate purchase

[FO35532] 95% LTV, decreasing by 50bps from 6.30% to 5.80%, product fee £0, cashback £750

 

BTL Range

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO35546] 60% LTV, decreasing by 48bps from 5.92% to 5.44%, product fee £1,495

[FO35542] 60% LTV, decreasing by 28bps from 6.17% to 5.89%, product fee £0

[FO35541] 60% LTV, decreasing by 38bps from 5.97% to 5.59%, product fee £995

[FO35547] 75% LTV, decreasing by 18bps from 5.92% to 5.74%, product fee £1,495

[FO35543] 75% LTV, decreasing by 8bps from 5.97% to 5.89%, product fee £995

2 year fixed rate remortgage

[FO35555] 60% LTV, decreasing by 50bps from 5.94% to 5.44%, product fee £1,495

[FO35549] 60% LTV, decreasing by 40bps from 5.99% to 5.59%, product fee £995

[FO35550] 60% LTV, decreasing by 36bps from 6.25% to 5.89%, product fee £0

[FO35556] 75% LTV, decreasing by 10bps from 5.94% to 5.84%, product fee £1,495

[FO35551] 75% LTV, decreasing by 10bps from 5.99% to 5.89%, product fee £995

[FO35552] 75% LTV, decreasing by 8bps from 6.25% to 6.17%, product fee £0

5 year fixed rate purchase

[FO35544] 60% LTV, decreasing by 24bps from 5.59% to 5.35%, product fee £995

[FO35545] 60% LTV, decreasing by 31bps from 5.84% to 5.53%, product fee £0

[FO35548] 60% LTV, decreasing by 24bps from 5.54% to 5.30%, product fee £1,495

5 year fixed rate remortgage

[FO35553] 60% LTV, decreasing by 24bps from 5.59% to 5.35%, product fee £995

[FO35554] 60% LTV, decreasing by 31bps from 5.84% to 5.53%, product fee £0

[FO35557] 60% LTV, decreasing by 24bps from 5.54% to 5.30%, product fee £1,495

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO35558] 60% LTV, decreasing by 47bps from 5.82% to 5.35%, product fee £995

[FO35559] 75% LTV, decreasing by 42bps from 5.82% to 5.40%, product fee £995

[FO35560] 85% LTV, decreasing by 39bps from 5.99% to 5.60%, product fee £995

2 year fixed rate remortgage

[FO35564] 60% LTV, decreasing by 48bps from 5.62% to 5.14%, product fee £995

[FO35565] 75% LTV, decreasing by 50bps from 5.69% to 5.19%, product fee £995

[FO35566] 85% LTV, decreasing by 40bps from 5.79% to 5.39%, product fee £995

5 year fixed rate purchase

[FO35561] 60% LTV, decreasing by 44bps from 5.44% to 5.00%, product fee £995

[FO35562] 75% LTV, decreasing by 39bps from 5.49% to 5.10%, product fee £995

[FO35563] 85% LTV, decreasing by 39bps from 5.59% to 5.20%, product fee £995

5 year fixed rate remortgage

[FO35567] 75% LTV, decreasing by 39bps from 5.37% to 4.98%, product fee £995

[FO35568] 85% LTV, decreasing by 28bps from 5.42% to 5.14%, product fee £995

 

BTL Green Mortgages

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO35569] 65% LTV, decreasing by 38bps from 5.92% to 5.54%, product fee £995

[FO35570] 75% LTV, decreasing by 8bps from 5.92% to 5.84%, product fee £995

2 year fixed rate remortgage

[FO35572] 65% LTV, decreasing by 40bps from 5.94% to 5.54%, product fee £995

[FO35573] 75% LTV, decreasing by 10bps from 5.94% to 5.84%, product fee £995

5 year fixed rate purchase

[FO35571] 65% LTV, decreasing by 24bps from 5.54% to 5.30%, product fee £995

5 year fixed rate remortgage

[FO35574] 65% LTV, decreasing by 24bps from 5.54% to 5.30%, product fee £995

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher - high value

[FO35608] 60% LTV, decreasing by 26bps from 5.37% to 5.11%, product fee £1,495

2 year fixed rate switcher

[FO35575] 60% LTV, decreasing by 26bps from 5.45% to 5.19%, product fee £995

[FO35576] 60% LTV, decreasing by 30bps from 5.60% to 5.30%, product fee £495

[FO35577] 60% LTV, decreasing by 30bps from 5.74% to 5.44%, product fee £0

[FO35579] 75% LTV, decreasing by 35bps from 5.84% to 5.49%, product fee £0

[FO35578] 75% LTV, decreasing by 25bps from 5.49% to 5.24%, product fee £995

2 year fixed rate switcher - high value

[FO35609] 75% LTV, decreasing by 25bps from 5.41% to 5.16%, product fee £1,495

2 year fixed rate switcher

[FO35580] 80% LTV, decreasing by 45bps from 5.79% to 5.34%, product fee £995

[FO35581] 80% LTV, decreasing by 50bps from 6.09% to 5.59%, product fee £0

2 year fixed rate switcher - high value

[FO35610] 80% LTV, decreasing by 45bps from 5.71% to 5.26%, product fee £1,495

2 year fixed rate switcher

[FO35582] 85% LTV, decreasing by 45bps from 5.84% to 5.39%, product fee £995

2 year fixed rate switcher - high value

[FO35611] 85% LTV, decreasing by 45bps from 5.76% to 5.31%, product fee £1,495

2 year fixed rate switcher

[FO35583] 85% LTV, decreasing by 55bps from 6.19% to 5.64%, product fee £0

[FO35584] 90% LTV, decreasing by 55bps from 5.99% to 5.44%, product fee £995

[FO35585] 90% LTV, decreasing by 50bps from 6.34% to 5.84%, product fee £0

[FO35586] 100% LTV, decreasing by 50bps from 6.04% to 5.54%, product fee £995

[FO35587] 100% LTV, decreasing by 45bps from 6.39% to 5.94%, product fee £0

2 year tracker rate switcher

[TO5763] 60% LTV, decreasing by 5bps from 3.59% to 3.54%, product fee £995

[TO5764] 75% LTV, decreasing by 4bps from 3.73% to 3.69%, product fee £995

[TO5765] 80% LTV, decreasing by 5bps from 3.95% to 3.90%, product fee £995

[TO5766] 85% LTV, decreasing by 5bps from 3.95% to 3.90%, product fee £995

5 year fixed rate switcher

[FO35590] 60% LTV, decreasing by 17bps from 5.29% to 5.12%, product fee £0

[FO35588] 60% LTV, decreasing by 10bps from 4.98% to 4.88%, product fee £995

[FO35589] 60% LTV, decreasing by 11bps from 5.14% to 5.03%, product fee £495

5 year fixed rate switcher - high value

[FO35612] 60% LTV, decreasing by 10bps from 4.92% to 4.82%, product fee £1,495

5 year fixed rate switcher

[FO35591] 75% LTV, decreasing by 21bps from 5.14% to 4.93%, product fee £995

[FO35592] 75% LTV, decreasing by 15bps from 5.34% to 5.19%, product fee £0

5 year fixed rate switcher - high value

[FO35613] 75% LTV, decreasing by 21bps from 5.08% to 4.87%, product fee £1,495

5 year fixed rate switcher

[FO35593] 80% LTV, decreasing by 15bps from 5.24% to 5.09%, product fee £995

[FO35594] 80% LTV, decreasing by 15bps from 5.39% to 5.24%, product fee £0

5 year fixed rate switcher - high value

[FO35614] 80% LTV, decreasing by 15bps from 5.18% to 5.03%, product fee £1,495

5 year fixed rate switcher

[FO35596] 85% LTV, decreasing by 45bps from 5.74% to 5.29%, product fee £0

[FO35595] 85% LTV, decreasing by 38bps from 5.47% to 5.09%, product fee £995

5 year fixed rate switcher - high value

[FO35615] 85% LTV, decreasing by 38bps from 5.41% to 5.03%, product fee £1,495

5 year fixed rate switcher

[FO35597] 90% LTV, decreasing by 35bps from 5.59% to 5.24%, product fee £995

[FO35598] 90% LTV, decreasing by 39bps from 5.89% to 5.50%, product fee £0

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO35599] 60% LTV, decreasing by 45bps from 5.79% to 5.34%, product fee £995

[FO35600] 60% LTV, decreasing by 50bps from 6.14% to 5.64%, product fee £0

[FO35601] 75% LTV, decreasing by 20bps from 5.84% to 5.64%, product fee £995

[FO35602] 75% LTV, decreasing by 21bps from 6.25% to 6.04%, product fee £0

[FO35603] 90% LTV, decreasing by 25bps from 6.39% to 6.14%, product fee £0

5 year fixed rate switcher

[FO35604] 60% LTV, decreasing by 49bps from 5.59% to 5.10%, product fee £995

[FO35605] 60% LTV, decreasing by 47bps from 5.75% to 5.28%, product fee £0

[FO35606] 75% LTV, decreasing by 8bps from 5.59% to 5.51%, product fee £995

[FO35607] 75% LTV, decreasing by 10bps from 5.79% to 5.69%, product fee £0

 

 

End dates

 

2 Year Term End Dates Moving from 31 March 2025 to 30 April 2025

5 Year Term End Dates Moving from 31 March 2028 to 30 April 2028

 

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Monday 5th December 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Tuesday 6th December 2022. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Thursday 24th November 2022

 

Here’s a full list the changes with product codes in brackets:

New Business

Core Range

Residential

Rate Changes

5 year fixed rate remortgage

[FO35284] 60% LTV, decreasing by 44bps from 5.42% to 4.98%, product fee £995

New Products

2 year tracker rate purchase

[TO5704] 60% LTV, 4.24%, product fee £0

[TO5703] 60% LTV, 3.59%, product fee £995

[TO5706] 75% LTV, 4.29%, product fee £0

[TO5705] 75% LTV, 3.73%, product fee £995

[TO5708] 80% LTV, 4.29%, product fee £0

[TO5712] 80% LTV, 3.95%, product fee £995

[TO5709] 85% LTV, 4.34%, product fee £0

[TO5707] 85% LTV, 3.95%, product fee £995

[TO5711] 90% LTV, 4.39%, product fee £0

[TO5710] 90% LTV, 4.09%, product fee £995

2 year tracker rate remortgage

[TO5713] 60% LTV, 3.59%, product fee £995

[TO5714] 60% LTV, 4.24%, product fee £0

[TO5715] 75% LTV, 3.73%, product fee £995

[TO5716] 75% LTV, 4.29%, product fee £0

[TO5717] 80% LTV, 4.29%, product fee £0

[TO5718] 80% LTV, 3.95%, product fee £995

[TO5720] 85% LTV, 4.34%, product fee £0

[TO5719] 85% LTV, 3.95%, product fee £995

[TO5721] 90% LTV, 4.09%, product fee £995

[TO5722] 90% LTV, 4.39%, product fee £0

 

Green Mortgages

Residential

Rate Changes

5 year fixed rate remortgage

[FO35285] 60% LTV, decreasing by 44bps from 5.37% to 4.93%, product fee £995

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher - high value

[FO35298] 60% LTV, decreasing by 22bps from 5.59% to 5.37%, product fee £1,495

2 year fixed rate switcher

[FO35288] 60% LTV, decreasing by 25bps from 5.99% to 5.74%, product fee £0

[FO35287] 60% LTV, decreasing by 22bps from 5.67% to 5.45%, product fee £995

[FO35286] 60% LTV, decreasing by 22bps from 5.82% to 5.60%, product fee £495

[FO35290] 75% LTV, decreasing by 20bps from 6.04% to 5.84%, product fee £0

2 year fixed rate switcher - high value

[FO35299] 75% LTV, decreasing by 25bps from 5.66% to 5.41%, product fee £1,495

2 year fixed rate switcher

[FO35289] 75% LTV, decreasing by 25bps from 5.74% to 5.49%, product fee £995

5 year fixed rate switcher

[FO35291] 60% LTV, decreasing by 40bps from 5.54% to 5.14%, product fee £495

[FO35292] 60% LTV, decreasing by 44bps from 5.42% to 4.98%, product fee £995

[FO35293] 60% LTV, decreasing by 40bps from 5.69% to 5.29%, product fee £0

5 year fixed rate switcher - high value

[FO35300] 60% LTV, decreasing by 44bps from 5.36% to 4.92%, product fee £1,495

5 year fixed rate switcher

[FO35294] 75% LTV, decreasing by 28bps from 5.42% to 5.14%, product fee £995

[FO35295] 75% LTV, decreasing by 35bps from 5.69% to 5.34%, product fee £0

5 year fixed rate switcher - high value

[FO35301] 75% LTV, decreasing by 28bps from 5.36% to 5.08%, product fee £1,495

5 year fixed rate switcher

[FO35296] 80% LTV, decreasing by 23bps from 5.47% to 5.24%, product fee £995

5 year fixed rate switcher - high value

[FO35302] 80% LTV, decreasing by 23bps from 5.41% to 5.18%, product fee £1,495

5 year fixed rate switcher

[FO35297] 80% LTV, decreasing by 35bps from 5.74% to 5.39%, product fee £0

New Products

2 year tracker rate switcher

[TO5723] 60% LTV, 3.59%, product fee £995

[TO5724] 60% LTV, 4.24%, product fee £0

[TO5725] 75% LTV, 3.73%, product fee £995

[TO5726] 75% LTV, 4.29%, product fee £0

[TO5727] 80% LTV, 3.95%, product fee £995

[TO5728] 80% LTV, 4.29%, product fee £0

[TO5729] 85% LTV, 3.95%, product fee £995

[TO5731] 85% LTV, 4.34%, product fee £0

[TO5732] 90% LTV, 4.39%, product fee £0

[TO5730] 90% LTV, 4.09%, product fee £995

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 23rd November 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Thursday 24th November 2022. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

From Monday 21^st November we are making changes to our Base Rate and Standard Variable Rates for our residential and Buy to Let mortgages.

 

This means that the SVR for all new residential and Buy to Let mortgage deals will be 6.24%

 

Customers who have currently applied for, or are on a fixed rate deal, will move on to the new SVR at the end of their current product term.

 

At the same time as the SVR changes, our Base Rate will also increase by 0.75% to 3%.

 

All product codes will remain unchanged. For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Wednesday 16th November 2022

 

Here’s a full list the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate remortgage

[FO35236] 60% LTV, decreasing by 22bps from 5.89% to 5.67%, product fee £995

[FO35237] 60% LTV, decreasing by 21bps from 6.20% to 5.99%, product fee £0

[FO35238] 75% LTV, decreasing by 15bps from 5.89% to 5.74%, product fee £995

[FO35239] 75% LTV, decreasing by 16bps from 6.20% to 6.04%, product fee £0

[FO35240] 80% LTV, decreasing by 20bps from 5.99% to 5.79%, product fee £995

[FO35241] 80% LTV, decreasing by 15bps from 6.25% to 6.10%, product fee £0

[FO35242] 85% LTV, decreasing by 15bps from 5.99% to 5.84%, product fee £995

[FO35243] 85% LTV, decreasing by 15bps from 6.34% to 6.19%, product fee £0

[FO35245] 90% LTV, decreasing by 5bps from 6.39% to 6.34%, product fee £0

[FO35244] 90% LTV, decreasing by 15bps from 6.14% to 5.99%, product fee £995

5 year fixed rate remortgage

[FO35247] 60% LTV, decreasing by 15bps from 5.84% to 5.69%, product fee £0

[FO35246] 60% LTV, decreasing by 17bps from 5.59% to 5.42%, product fee £995

[FO35249] 75% LTV, decreasing by 15bps from 5.84% to 5.69%, product fee £0

[FO35248] 75% LTV, decreasing by 17bps from 5.59% to 5.42%, product fee £995

[FO35251] 80% LTV, decreasing by 15bps from 5.89% to 5.74%, product fee £0

[FO35250] 80% LTV, decreasing by 17bps from 5.64% to 5.47%, product fee £995

[FO35253] 85% LTV, decreasing by 15bps from 5.89% to 5.74%, product fee £0

[FO35252] 85% LTV, decreasing by 17bps from 5.64% to 5.47%, product fee £995

[FO35254] 90% LTV, decreasing by 20bps from 5.79% to 5.59%, product fee £995

[FO35255] 90% LTV, decreasing by 15bps from 6.04% to 5.89%, product fee £0

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate remortgage

[FO35256] 60% LTV, decreasing by 22bps from 5.84% to 5.62%, product fee £995

[FO35257] 75% LTV, decreasing by 15bps from 5.84% to 5.69%, product fee £995

[FO35258] 85% LTV, decreasing by 15bps from 5.94% to 5.79%, product fee £995

5 year fixed rate remortgage

[FO35259] 60% LTV, decreasing by 17bps from 5.54% to 5.37%, product fee £995

[FO35260] 75% LTV, decreasing by 17bps from 5.54% to 5.37%, product fee £995

[FO35261] 85% LTV, decreasing by 17bps from 5.59% to 5.42%, product fee £995

 

 

Existing Customer

No Changes

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Tuesday 15th November 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Wednesday 16th November 2022. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

We’d like to make you aware of planned systems maintenance that will impact our mortgage application system, starting from 7pm 12th November until 11:30pm 13th November.

During this period, you’ll still be able to log in and submit applications relating to new business customers, but you won’t receive a mortgage reference number for your application immediately. Once the maintenance is complete, you’ll receive your reference number on Monday 14th November.

For any applications relating to existing customers, you’ll not be able to submit business during this timeframe.

From 11th November, we are withdrawing our tracker product range, which includes product withdrawals for both new and existing customers.

 

It is our intention to reintroduce our tracker product range in due course.

 

Here’s a full list the changes with product codes in brackets:

New Business

Core Range

Residential

Withdrawn

2 year tracker rate purchase

[TO5660] 60% LTV, 3.74%, product fee £0

[TO5643] 60% LTV, 2.94%, product fee £995

[TO5644] 75% LTV, 3.14%, product fee £995

[TO5661] 75% LTV, 3.79%, product fee £0

[TO5645] 80% LTV, 3.45%, product fee £995

[TO5646] 80% LTV, 3.84%, product fee £0

[TO5647] 85% LTV, 3.45%, product fee £995

[TO5662] 85% LTV, 3.89%, product fee £0

[TO5664] 90% LTV, 3.89%, product fee £0

[TO5663] 90% LTV, 3.54%, product fee £995

2 year tracker rate remortgage

[TO5665] 60% LTV, 3.74%, product fee £0

[TO5648] 60% LTV, 2.94%, product fee £995

[TO5649] 75% LTV, 3.14%, product fee £995

[TO5666] 75% LTV, 3.79%, product fee £0

[TO5650] 80% LTV, 3.45%, product fee £995

[TO5651] 80% LTV, 3.89%, product fee £0

[TO5652] 85% LTV, 3.45%, product fee £995

[TO5653] 85% LTV, 3.99%, product fee £0

[TO5668] 90% LTV, 4.04%, product fee £0

[TO5667] 90% LTV, 3.74%, product fee £995

 

Existing Customer

Core Range

Residential

Withdrawn

2 year tracker rate switcher

[TO5669] 60% LTV, 3.74%, product fee £0

[TO5654] 60% LTV, 2.94%, product fee £995

[TO5670] 75% LTV, 3.79%, product fee £0

[TO5655] 75% LTV, 3.14%, product fee £995

[TO5657] 80% LTV, 3.89%, product fee £0

[TO5656] 80% LTV, 3.45%, product fee £995

[TO5659] 85% LTV, 3.94%, product fee £0

[TO5658] 85% LTV, 3.45%, product fee £995

[TO5672] 90% LTV, 4.04%, product fee £0

[TO5671] 90% LTV, 3.74%, product fee £995

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Thursday 10th November 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Friday 11th November 2022. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Thursday 10th November 2022

 

Here’s a full list the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO35077] 60% LTV, decreasing by 50bps from 6.37% to 5.87%, product fee £995

[FO35078] 60% LTV, decreasing by 48bps from 6.60% to 6.12%, product fee £0

[FO35079] 75% LTV, decreasing by 50bps from 6.37% to 5.87%, product fee £995

[FO35080] 75% LTV, decreasing by 48bps from 6.60% to 6.12%, product fee £0

[FO35081] 80% LTV, decreasing by 50bps from 6.54% to 6.04%, product fee £995

[FO35082] 80% LTV, decreasing by 48bps from 6.74% to 6.26%, product fee £0

[FO35083] 85% LTV, decreasing by 50bps from 6.54% to 6.04%, product fee £995

[FO35084] 85% LTV, decreasing by 48bps from 6.74% to 6.26%, product fee £0

[FO35085] 90% LTV, decreasing by 50bps from 6.54% to 6.04%, product fee £995

[FO35086] 90% LTV, decreasing by 35bps from 6.74% to 6.39%, product fee £0

 

2 year fixed rate remortgage

[FO35097] 60% LTV, decreasing by 48bps from 6.37% to 5.89%, product fee £995

[FO35098] 60% LTV, decreasing by 40bps from 6.60% to 6.20%, product fee £0

[FO35100] 75% LTV, decreasing by 40bps from 6.60% to 6.20%, product fee £0

[FO35099] 75% LTV, decreasing by 48bps from 6.37% to 5.89%, product fee £995

[FO35102] 80% LTV, decreasing by 49bps from 6.74% to 6.25%, product fee £0

[FO35101] 80% LTV, decreasing by 55bps from 6.54% to 5.99%, product fee £995

[FO35103] 85% LTV, decreasing by 55bps from 6.54% to 5.99%, product fee £995

[FO35104] 85% LTV, decreasing by 40bps from 6.74% to 6.34%, product fee £0

[FO35106] 90% LTV, decreasing by 35bps from 6.74% to 6.39%, product fee £0

[FO35105] 90% LTV, decreasing by 40bps from 6.54% to 6.14%, product fee £995

5 year fixed rate purchase

[FO35088] 60% LTV, decreasing by 75bps from 6.49% to 5.74%, product fee £0

[FO35087] 60% LTV, decreasing by 75bps from 6.24% to 5.49%, product fee £995

[FO35089] 75% LTV, decreasing by 70bps from 6.24% to 5.54%, product fee £995

[FO35090] 75% LTV, decreasing by 70bps from 6.49% to 5.79%, product fee £0

[FO35091] 80% LTV, decreasing by 75bps from 6.39% to 5.64%, product fee £995

[FO35092] 80% LTV, decreasing by 70bps from 6.64% to 5.94%, product fee £0

[FO35094] 85% LTV, decreasing by 70bps from 6.64% to 5.94%, product fee £0

[FO35093] 85% LTV, decreasing by 75bps from 6.39% to 5.64%, product fee £995

[FO35096] 90% LTV, decreasing by 70bps from 6.64% to 5.94%, product fee £0

[FO35095] 90% LTV, decreasing by 50bps from 6.39% to 5.89%, product fee £995

5 year fixed rate remortgage

[FO35108] 60% LTV, decreasing by 65bps from 6.49% to 5.84%, product fee £0

[FO35107] 60% LTV, decreasing by 65bps from 6.24% to 5.59%, product fee £995

[FO35110] 75% LTV, decreasing by 65bps from 6.49% to 5.84%, product fee £0

[FO35109] 75% LTV, decreasing by 65bps from 6.24% to 5.59%, product fee £995

[FO35112] 80% LTV, decreasing by 75bps from 6.64% to 5.89%, product fee £0

[FO35111] 80% LTV, decreasing by 75bps from 6.39% to 5.64%, product fee £995

[FO35113] 85% LTV, decreasing by 75bps from 6.39% to 5.64%, product fee £995

[FO35114] 85% LTV, decreasing by 75bps from 6.64% to 5.89%, product fee £0

[FO35115] 90% LTV, decreasing by 60bps from 6.39% to 5.79%, product fee £995

[FO35116] 90% LTV, decreasing by 60bps from 6.64% to 6.04%, product fee £0

 

Tracker

2 year tracker rate purchase

[TO5643] 60% LTV, decreasing by 1bps from 2.95% to 2.94%, product fee £995

[TO5644] 75% LTV, decreasing by 1bps from 3.15% to 3.14%, product fee £995

[TO5645] 80% LTV, decreasing by 9bps from 3.54% to 3.45%, product fee £995

[TO5646] 80% LTV, decreasing by 5bps from 3.89% to 3.84%, product fee £0

[TO5647] 85% LTV, decreasing by 9bps from 3.54% to 3.45%, product fee £995

2 year tracker rate remortgage

[TO5648] 60% LTV, decreasing by 1bps from 2.95% to 2.94%, product fee £995

[TO5649] 75% LTV, decreasing by 6bps from 3.20% to 3.14%, product fee £995

[TO5650] 80% LTV, decreasing by 29bps from 3.74% to 3.45%, product fee £995

[TO5651] 80% LTV, decreasing by 15bps from 4.04% to 3.89%, product fee £0

[TO5653] 85% LTV, decreasing by 5bps from 4.04% to 3.99%, product fee £0

[TO5652] 85% LTV, decreasing by 29bps from 3.74% to 3.45%, product fee £995

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO35117] 85% LTV, decreasing by 50bps from 6.54% to 6.04%, product fee £995, cashback £250

[FO35118] 85% LTV, decreasing by 48bps from 6.74% to 6.26%, product fee £0, cashback £250

[FO35120] 90% LTV, decreasing by 35bps from 6.74% to 6.39%, product fee £0, cashback £250

[FO35119] 90% LTV, decreasing by 50bps from 6.54% to 6.04%, product fee £995, cashback £250

5 year fixed rate purchase

[FO35122] 85% LTV, decreasing by 70bps from 6.64% to 5.94%, product fee £0, cashback £250

[FO35121] 85% LTV, decreasing by 75bps from 6.39% to 5.64%, product fee £995, cashback £250

[FO35124] 90% LTV, decreasing by 70bps from 6.64% to 5.94%, product fee £0, cashback £250

[FO35123] 90% LTV, decreasing by 50bps from 6.39% to 5.89%, product fee £995, cashback £250

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO35125] 60% LTV, decreasing by 40bps from 6.37% to 5.97%, product fee £995, cashback £250

[FO35126] 60% LTV, decreasing by 38bps from 6.60% to 6.22%, product fee £0

[FO35128] 75% LTV, decreasing by 38bps from 6.60% to 6.22%, product fee £0

[FO35127] 75% LTV, decreasing by 40bps from 6.37% to 5.97%, product fee £995, cashback £250

5 year fixed rate purchase

[FO35130] 60% LTV, decreasing by 65bps from 6.49% to 5.84%, product fee £0

[FO35129] 60% LTV, decreasing by 65bps from 6.24% to 5.59%, product fee £995, cashback £250

[FO35132] 75% LTV, decreasing by 60bps from 6.49% to 5.89%, product fee £0

[FO35131] 75% LTV, decreasing by 60bps from 6.24% to 5.64%, product fee £995, cashback £250

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate purchase

[FO35134] 60% LTV, decreasing by 38bps from 6.60% to 6.22%, product fee £0

[FO35133] 60% LTV, decreasing by 40bps from 6.37% to 5.97%, product fee £995, cashback £250

[FO35135] 75% LTV, decreasing by 40bps from 6.37% to 5.97%, product fee £995, cashback £250

[FO35136] 75% LTV, decreasing by 38bps from 6.60% to 6.22%, product fee £0

2 year fixed rate remortgage

[FO35143] 60% LTV, decreasing by 30bps from 6.60% to 6.30%, product fee £0

[FO35142] 60% LTV, decreasing by 38bps from 6.37% to 5.99%, product fee £995, cashback £500

[FO35144] 75% LTV, decreasing by 38bps from 6.37% to 5.99%, product fee £995, cashback £500

[FO35145] 75% LTV, decreasing by 30bps from 6.60% to 6.30%, product fee £0

5 year fixed rate purchase

[FO35138] 60% LTV, decreasing by 65bps from 6.49% to 5.84%, product fee £0

[FO35137] 60% LTV, decreasing by 65bps from 6.24% to 5.59%, product fee £995, cashback £250

[FO35140] 75% LTV, decreasing by 60bps from 6.49% to 5.89%, product fee £0

[FO35139] 75% LTV, decreasing by 60bps from 6.24% to 5.64%, product fee £995, cashback £250

5 year fixed rate remortgage

[FO35147] 60% LTV, decreasing by 55bps from 6.49% to 5.94%, product fee £0

[FO35146] 60% LTV, decreasing by 55bps from 6.24% to 5.69%, product fee £995, cashback £500

[FO35149] 75% LTV, decreasing by 55bps from 6.49% to 5.94%, product fee £0

[FO35148] 75% LTV, decreasing by 55bps from 6.24% to 5.69%, product fee £995, cashback £500

 

Mortgage Guarantee

Residential

Rate Changes

5 year fixed rate purchase

[FO35141] 95% LTV, decreasing by 50bps from 6.80% to 6.30%, product fee £0, cashback £750

 

BTL Range

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO35153] 60% LTV, decreasing by 48bps from 6.65% to 6.17%, product fee £0

[FO35150] 60% LTV, decreasing by 50bps from 6.42% to 5.92%, product fee £1,495

[FO35152] 60% LTV, decreasing by 50bps from 6.47% to 5.97%, product fee £995

[FO35155] 75% LTV, decreasing by 48bps from 6.65% to 6.17%, product fee £0

[FO35154] 75% LTV, decreasing by 50bps from 6.47% to 5.97%, product fee £995

[FO35151] 75% LTV, decreasing by 50bps from 6.42% to 5.92%, product fee £1,495

2 year fixed rate remortgage

[FO35160] 60% LTV, decreasing by 48bps from 6.42% to 5.94%, product fee £1,495

[FO35156] 60% LTV, decreasing by 48bps from 6.47% to 5.99%, product fee £995

[FO35157] 60% LTV, decreasing by 40bps from 6.65% to 6.25%, product fee £0

[FO35158] 75% LTV, decreasing by 48bps from 6.47% to 5.99%, product fee £995

[FO35161] 75% LTV, decreasing by 48bps from 6.42% to 5.94%, product fee £1,495

[FO35159] 75% LTV, decreasing by 40bps from 6.65% to 6.25%, product fee £0

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO35162] 60% LTV, decreasing by 50bps from 6.32% to 5.82%, product fee £995

[FO35163] 75% LTV, decreasing by 50bps from 6.32% to 5.82%, product fee £995

[FO35164] 85% LTV, decreasing by 50bps from 6.49% to 5.99%, product fee £995

2 year fixed rate remortgage

[FO35168] 60% LTV, decreasing by 48bps from 6.32% to 5.84%, product fee £995

[FO35169] 75% LTV, decreasing by 48bps from 6.32% to 5.84%, product fee £995

[FO35170] 85% LTV, decreasing by 55bps from 6.49% to 5.94%, product fee £995

5 year fixed rate purchase

[FO35165] 60% LTV, decreasing by 75bps from 6.19% to 5.44%, product fee £995

[FO35166] 75% LTV, decreasing by 70bps from 6.19% to 5.49%, product fee £995

[FO35167] 85% LTV, decreasing by 75bps from 6.34% to 5.59%, product fee £995

5 year fixed rate remortgage

[FO35171] 60% LTV, decreasing by 65bps from 6.19% to 5.54%, product fee £995

[FO35172] 75% LTV, decreasing by 65bps from 6.19% to 5.54%, product fee £995

[FO35173] 85% LTV, decreasing by 75bps from 6.34% to 5.59%, product fee £995

 

BTL Green Mortgages

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO35174] 65% LTV, decreasing by 50bps from 6.42% to 5.92%, product fee £995

[FO35175] 75% LTV, decreasing by 50bps from 6.42% to 5.92%, product fee £995

2 year fixed rate remortgage

[FO35176] 65% LTV, decreasing by 48bps from 6.42% to 5.94%, product fee £995

[FO35177] 75% LTV, decreasing by 48bps from 6.42% to 5.94%, product fee £995

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO35179] 60% LTV, decreasing by 7bps from 5.89% to 5.82%, product fee £495

2 year fixed rate switcher - high value

[FO35203] 60% LTV, decreasing by 7bps from 5.66% to 5.59%, product fee £1,495

2 year fixed rate switcher

[FO35178] 60% LTV, decreasing by 7bps from 5.74% to 5.67%, product fee £995

[FO35180] 60% LTV, decreasing by 10bps from 6.09% to 5.99%, product fee £0

2 year fixed rate switcher - high value

[FO35204] 75% LTV, decreasing by 5bps from 5.71% to 5.66%, product fee £1,495

2 year fixed rate switcher

[FO35182] 75% LTV, decreasing by 10bps from 6.14% to 6.04%, product fee £0

[FO35181] 75% LTV, decreasing by 5bps from 5.79% to 5.74%, product fee £995

[FO35184] 80% LTV, decreasing by 10bps from 6.19% to 6.09%, product fee £0

2 year fixed rate switcher - high value

[FO35205] 80% LTV, decreasing by 5bps from 5.76% to 5.71%, product fee £1,495

2 year fixed rate switcher

[FO35183] 80% LTV, decreasing by 5bps from 5.84% to 5.79%, product fee £995

[FO35185] 85% LTV, decreasing by 5bps from 5.89% to 5.84%, product fee £995

2 year fixed rate switcher - high value

[FO35206] 85% LTV, decreasing by 5bps from 5.81% to 5.76%, product fee £1,495

2 year fixed rate switcher

[FO35186] 85% LTV, decreasing by 5bps from 6.24% to 6.19%, product fee £0

[FO35187] 90% LTV, decreasing by 5bps from 6.04% to 5.99%, product fee £995

[FO35188] 100% LTV, decreasing by 5bps from 6.09% to 6.04%, product fee £995

2 year tracker rate switcher

[TO5654] 60% LTV, decreasing by 6bps from 3.00% to 2.94%, product fee £995

[TO5655] 75% LTV, decreasing by 6bps from 3.20% to 3.14%, product fee £995

[TO5657] 80% LTV, decreasing by 15bps from 4.04% to 3.89%, product fee £0

[TO5656] 80% LTV, decreasing by 29bps from 3.74% to 3.45%, product fee £995

[TO5659] 85% LTV, decreasing by 10bps from 4.04% to 3.94%, product fee £0

[TO5658] 85% LTV, decreasing by 29bps from 3.74% to 3.45%, product fee £995

5 year fixed rate switcher

[FO35191] 60% LTV, decreasing by 5bps from 5.74% to 5.69%, product fee £0

[FO35190] 60% LTV, decreasing by 6bps from 5.60% to 5.54%, product fee £495

[FO35189] 60% LTV, decreasing by 2bps from 5.44% to 5.42%, product fee £995

5 year fixed rate switcher - high value

[FO35207] 60% LTV, decreasing by 2bps from 5.38% to 5.36%, product fee £1,495

5 year fixed rate switcher

[FO35193] 75% LTV, decreasing by 5bps from 5.74% to 5.69%, product fee £0

5 year fixed rate switcher - high value

[FO35208] 75% LTV, decreasing by 2bps from 5.38% to 5.36%, product fee £1,495

5 year fixed rate switcher

[FO35192] 75% LTV, decreasing by 2bps from 5.44% to 5.42%, product fee £995

[FO35194] 80% LTV, decreasing by 2bps from 5.49% to 5.47%, product fee £995

[FO35195] 80% LTV, decreasing by 5bps from 5.79% to 5.74%, product fee £0

5 year fixed rate switcher - high value

[FO35209] 80% LTV, decreasing by 2bps from 5.43% to 5.41%, product fee £1,495

[FO35210] 85% LTV, decreasing by 7bps from 5.48% to 5.41%, product fee £1,495

5 year fixed rate switcher

[FO35197] 85% LTV, decreasing by 10bps from 5.84% to 5.74%, product fee £0

[FO35196] 85% LTV, decreasing by 7bps from 5.54% to 5.47%, product fee £995

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO35198] 75% LTV, increasing by 6bps from 6.19% to 6.25%, product fee £0

5 year fixed rate switcher

[FO35200] 60% LTV, increasing by 26bps from 5.49% to 5.75%, product fee £0

[FO35199] 60% LTV, increasing by 35bps from 5.24% to 5.59%, product fee £995

[FO35201] 75% LTV, increasing by 30bps from 5.29% to 5.59%, product fee £995

[FO35202] 75% LTV, increasing by 25bps from 5.54% to 5.79%, product fee £0

 

 

End dates

 

2 Year Term End Dates moving from 28th February 2025 to 31st March 2025

5 Year Term End Dates moving from 29th February 2028 to 31st March 2028

 

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 9th November 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Thursday 10th November 2022. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

The way you track submitted mortgage applications with NatWest has changed.  

Our new Case Tracking: 

· Is integrated with our Broker Portal making it easy to submit and track your cases in one place

· No need to call, gives you real time updates on your cases online

· Shows you where we’re up to with your customers application

· Is simple easy to use

· Can be used by brokers or broker administrators

Find out more about Case Tracking and how you can make the most out it.  

Effective from Friday 28th October 2022

 

Here’s a full list the changes with product codes in brackets:

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO34853] 60% LTV, decreasing by 38bps from 6.27% to 5.89%, product fee £495

[FO34855] 60% LTV, decreasing by 31bps from 6.40% to 6.09%, product fee £0

2 year fixed rate switcher - high value

[FO34882] 60% LTV, decreasing by 43bps from 6.09% to 5.66%, product fee £1,495

2 year fixed rate switcher

[FO34854] 60% LTV, decreasing by 43bps from 6.17% to 5.74%, product fee £995

2 year fixed rate switcher - high value

[FO34883] 75% LTV, decreasing by 38bps from 6.09% to 5.71%, product fee £1,495

2 year fixed rate switcher

[FO34857] 75% LTV, decreasing by 26bps from 6.40% to 6.14%, product fee £0

[FO34856] 75% LTV, decreasing by 38bps from 6.17% to 5.79%, product fee £995

[FO34858] 80% LTV, decreasing by 38bps from 6.22% to 5.84%, product fee £995

[FO34859] 80% LTV, decreasing by 26bps from 6.45% to 6.19%, product fee £0

2 year fixed rate switcher - high value

[FO34884] 80% LTV, decreasing by 38bps from 6.14% to 5.76%, product fee £1,495

[FO34885] 85% LTV, decreasing by 38bps from 6.19% to 5.81%, product fee £1,495

2 year fixed rate switcher

[FO34861] 85% LTV, decreasing by 26bps from 6.50% to 6.24%, product fee £0

[FO34860] 85% LTV, decreasing by 38bps from 6.27% to 5.89%, product fee £995

[FO34863] 90% LTV, decreasing by 21bps from 6.55% to 6.34%, product fee £0

[FO34862] 90% LTV, decreasing by 28bps from 6.32% to 6.04%, product fee £995

[FO34864] 100% LTV, decreasing by 28bps from 6.37% to 6.09%, product fee £995

[FO34865] 100% LTV, decreasing by 21bps from 6.60% to 6.39%, product fee £0

5 year fixed rate switcher

[FO34867] 60% LTV, decreasing by 60bps from 6.20% to 5.60%, product fee £495

[FO34866] 60% LTV, decreasing by 60bps from 6.04% to 5.44%, product fee £995

5 year fixed rate switcher - high value

[FO34886] 60% LTV, decreasing by 60bps from 5.98% to 5.38%, product fee £1,495

5 year fixed rate switcher

[FO34868] 60% LTV, decreasing by 55bps from 6.29% to 5.74%, product fee £0

5 year fixed rate switcher - high value

[FO34887] 75% LTV, decreasing by 60bps from 5.98% to 5.38%, product fee £1,495

5 year fixed rate switcher

[FO34869] 75% LTV, decreasing by 60bps from 6.04% to 5.44%, product fee £995

[FO34870] 75% LTV, decreasing by 55bps from 6.29% to 5.74%, product fee £0

5 year fixed rate switcher - high value

[FO34888] 80% LTV, decreasing by 60bps from 6.03% to 5.43%, product fee £1,495

5 year fixed rate switcher

[FO34871] 80% LTV, decreasing by 60bps from 6.09% to 5.49%, product fee £995

[FO34872] 80% LTV, decreasing by 55bps from 6.34% to 5.79%, product fee £0

[FO34874] 85% LTV, decreasing by 55bps from 6.39% to 5.84%, product fee £0

[FO34873] 85% LTV, decreasing by 60bps from 6.14% to 5.54%, product fee £995

5 year fixed rate switcher - high value

[FO34889] 85% LTV, decreasing by 60bps from 6.08% to 5.48%, product fee £1,495

5 year fixed rate switcher

[FO34875] 90% LTV, decreasing by 60bps from 6.19% to 5.59%, product fee £995

[FO34876] 90% LTV, decreasing by 55bps from 6.44% to 5.89%, product fee £0

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO34877] 60% LTV, decreasing by 43bps from 6.22% to 5.79%, product fee £995

[FO34878] 60% LTV, decreasing by 31bps from 6.45% to 6.14%, product fee £0

[FO34879] 75% LTV, decreasing by 38bps from 6.22% to 5.84%, product fee £995

[FO34880] 75% LTV, decreasing by 26bps from 6.45% to 6.19%, product fee £0

[FO34881] 90% LTV, decreasing by 21bps from 6.60% to 6.39%, product fee £0

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Thursday 27th October 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Friday 28th October 2022. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

From Monday 24th October the Standard Variable Rates (SVRs) for our residential and Buy to Let mortgages will be changing. This means that the SVR for all new residential and Buy to Let mortgage deals will be 5.49%.

 

Customers who have currently applied for, or are on a fixed rate deal, will move on to the new SVR at the end of their current product term.

 

All product codes will remain unchanged. For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Tuesday 18 October 2022

 

Here’s a full list of the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO34687] 60% LTV, increasing by 40bps from 6.20% to 6.60%, product fee £0

[FO34686] 60% LTV, increasing by 40bps from 5.97% to 6.37%, product fee £995

[FO34688] 75% LTV, increasing by 40bps from 5.97% to 6.37%, product fee £995

[FO34689] 75% LTV, increasing by 40bps from 6.20% to 6.60%, product fee £0

[FO34691] 80% LTV, increasing by 40bps from 6.34% to 6.74%, product fee £0

[FO34690] 80% LTV, increasing by 40bps from 6.14% to 6.54%, product fee £995

[FO34692] 85% LTV, increasing by 40bps from 6.14% to 6.54%, product fee £995

[FO34693] 85% LTV, increasing by 40bps from 6.34% to 6.74%, product fee £0

[FO34694] 90% LTV, increasing by 40bps from 6.14% to 6.54%, product fee £995

[FO34695] 90% LTV, increasing by 40bps from 6.34% to 6.74%, product fee £0

2 year fixed rate remortgage

[FO34706] 60% LTV, increasing by 40bps from 5.97% to 6.37%, product fee £995

[FO34707] 60% LTV, increasing by 40bps from 6.20% to 6.60%, product fee £0

[FO34709] 75% LTV, increasing by 40bps from 6.20% to 6.60%, product fee £0

[FO34708] 75% LTV, increasing by 40bps from 5.97% to 6.37%, product fee £995

[FO34710] 80% LTV, increasing by 40bps from 6.14% to 6.54%, product fee £995

[FO34711] 80% LTV, increasing by 40bps from 6.34% to 6.74%, product fee £0

[FO34713] 85% LTV, increasing by 40bps from 6.34% to 6.74%, product fee £0

[FO34712] 85% LTV, increasing by 40bps from 6.14% to 6.54%, product fee £995

[FO34715] 90% LTV, increasing by 40bps from 6.34% to 6.74%, product fee £0

[FO34714] 90% LTV, increasing by 40bps from 6.14% to 6.54%, product fee £995

5 year fixed rate purchase

[FO34697] 60% LTV, increasing by 75bps from 5.74% to 6.49%, product fee £0

[FO34696] 60% LTV, increasing by 75bps from 5.49% to 6.24%, product fee £995

[FO34699] 75% LTV, increasing by 75bps from 5.74% to 6.49%, product fee £0

[FO34698] 75% LTV, increasing by 75bps from 5.49% to 6.24%, product fee £995

[FO34701] 80% LTV, increasing by 75bps from 5.89% to 6.64%, product fee £0

[FO34700] 80% LTV, increasing by 75bps from 5.64% to 6.39%, product fee £995

[FO34703] 85% LTV, increasing by 75bps from 5.89% to 6.64%, product fee £0

[FO34702] 85% LTV, increasing by 75bps from 5.64% to 6.39%, product fee £995

[FO34705] 90% LTV, increasing by 75bps from 5.89% to 6.64%, product fee £0

[FO34704] 90% LTV, increasing by 75bps from 5.64% to 6.39%, product fee £995

5 year fixed rate remortgage

[FO34717] 60% LTV, increasing by 75bps from 5.74% to 6.49%, product fee £0

[FO34716] 60% LTV, increasing by 75bps from 5.49% to 6.24%, product fee £995

[FO34719] 75% LTV, increasing by 75bps from 5.74% to 6.49%, product fee £0

[FO34718] 75% LTV, increasing by 75bps from 5.49% to 6.24%, product fee £995

[FO34721] 80% LTV, increasing by 75bps from 5.89% to 6.64%, product fee £0

[FO34720] 80% LTV, increasing by 75bps from 5.64% to 6.39%, product fee £995

[FO34723] 85% LTV, increasing by 75bps from 5.89% to 6.64%, product fee £0

[FO34722] 85% LTV, increasing by 75bps from 5.64% to 6.39%, product fee £995

[FO34725] 90% LTV, increasing by 75bps from 5.89% to 6.64%, product fee £0

[FO34724] 90% LTV, increasing by 75bps from 5.64% to 6.39%, product fee £995

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO34727] 85% LTV, increasing by 40bps from 6.34% to 6.74%, product fee £0, cashback £250

[FO34726] 85% LTV, increasing by 40bps from 6.14% to 6.54%, product fee £995, cashback £250

[FO34728] 90% LTV, increasing by 40bps from 6.14% to 6.54%, product fee £995, cashback £250

[FO34729] 90% LTV, increasing by 40bps from 6.34% to 6.74%, product fee £0, cashback £250

5 year fixed rate purchase

[FO34730] 85% LTV, increasing by 75bps from 5.64% to 6.39%, product fee £995, cashback £250

[FO34731] 85% LTV, increasing by 75bps from 5.89% to 6.64%, product fee £0, cashback £250

[FO34732] 90% LTV, increasing by 75bps from 5.64% to 6.39%, product fee £995, cashback £250

[FO34733] 90% LTV, increasing by 75bps from 5.89% to 6.64%, product fee £0, cashback £250

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO34735] 60% LTV, increasing by 40bps from 6.20% to 6.60%, product fee £0

[FO34734] 60% LTV, increasing by 40bps from 5.97% to 6.37%, product fee £995, cashback £250

[FO34736] 75% LTV, increasing by 40bps from 5.97% to 6.37%, product fee £995, cashback £250

[FO34737] 75% LTV, increasing by 40bps from 6.20% to 6.60%, product fee £0

5 year fixed rate purchase

[FO34739] 60% LTV, increasing by 75bps from 5.74% to 6.49%, product fee £0

[FO34738] 60% LTV, increasing by 75bps from 5.49% to 6.24%, product fee £995, cashback £250

[FO34740] 75% LTV, increasing by 75bps from 5.49% to 6.24%, product fee £995, cashback £250

[FO34741] 75% LTV, increasing by 75bps from 5.74% to 6.49%, product fee £0

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate purchase

[FO34743] 60% LTV, increasing by 40bps from 6.20% to 6.60%, product fee £0

[FO34742] 60% LTV, increasing by 40bps from 5.97% to 6.37%, product fee £995, cashback £250

[FO34744] 75% LTV, increasing by 40bps from 5.97% to 6.37%, product fee £995, cashback £250

[FO34745] 75% LTV, increasing by 40bps from 6.20% to 6.60%, product fee £0

2 year fixed rate remortgage

[FO34750] 60% LTV, increasing by 40bps from 5.97% to 6.37%, product fee £995, cashback £500

[FO34751] 60% LTV, increasing by 40bps from 6.20% to 6.60%, product fee £0

[FO34752] 75% LTV, increasing by 40bps from 5.97% to 6.37%, product fee £995, cashback £500

[FO34753] 75% LTV, increasing by 40bps from 6.20% to 6.60%, product fee £0

5 year fixed rate purchase

[FO34747] 60% LTV, increasing by 75bps from 5.74% to 6.49%, product fee £0

[FO34746] 60% LTV, increasing by 75bps from 5.49% to 6.24%, product fee £995, cashback £250

[FO34748] 75% LTV, increasing by 75bps from 5.49% to 6.24%, product fee £995, cashback £250

[FO34749] 75% LTV, increasing by 75bps from 5.74% to 6.49%, product fee £0

5 year fixed rate remortgage

[FO34755] 60% LTV, increasing by 75bps from 5.74% to 6.49%, product fee £0

[FO34754] 60% LTV, increasing by 75bps from 5.49% to 6.24%, product fee £995, cashback £500

[FO34757] 75% LTV, increasing by 75bps from 5.74% to 6.49%, product fee £0

[FO34756] 75% LTV, increasing by 75bps from 5.49% to 6.24%, product fee £995, cashback £500

 

Mortgage Guarantee

Residential

Rate Changes

2 year fixed rate purchase

[FO34823] 95% LTV, increasing by 35bps from 6.50% to 6.85%, product fee £0, cashback £750

5 year fixed rate purchase

[FO34824] 95% LTV, increasing by 75bps from 6.05% to 6.80%, product fee £0, cashback £750

 

BTL Range

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO34762] 60% LTV, increasing by 40bps from 6.02% to 6.42%, product fee £1,495

[FO34759] 60% LTV, increasing by 35bps from 6.30% to 6.65%, product fee £0

[FO34758] 60% LTV, increasing by 40bps from 6.07% to 6.47%, product fee £995

[FO34761] 75% LTV, increasing by 35bps from 6.30% to 6.65%, product fee £0

[FO34763] 75% LTV, increasing by 40bps from 6.02% to 6.42%, product fee £1,495

[FO34760] 75% LTV, increasing by 40bps from 6.07% to 6.47%, product fee £995

2 year fixed rate remortgage

[FO34768] 60% LTV, increasing by 40bps from 6.02% to 6.42%, product fee £1,495

[FO34764] 60% LTV, increasing by 40bps from 6.07% to 6.47%, product fee £995

[FO34765] 60% LTV, increasing by 35bps from 6.30% to 6.65%, product fee £0

[FO34769] 75% LTV, increasing by 40bps from 6.02% to 6.42%, product fee £1,495

[FO34766] 75% LTV, increasing by 40bps from 6.07% to 6.47%, product fee £995

[FO34767] 75% LTV, increasing by 35bps from 6.30% to 6.65%, product fee £0

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO34770] 60% LTV, increasing by 40bps from 5.92% to 6.32%, product fee £995

[FO34771] 75% LTV, increasing by 40bps from 5.92% to 6.32%, product fee £995

[FO34772] 85% LTV, increasing by 40bps from 6.09% to 6.49%, product fee £995

2 year fixed rate remortgage

[FO34776] 60% LTV, increasing by 40bps from 5.92% to 6.32%, product fee £995

[FO34777] 75% LTV, increasing by 40bps from 5.92% to 6.32%, product fee £995

[FO34778] 85% LTV, increasing by 40bps from 6.09% to 6.49%, product fee £995

5 year fixed rate purchase

[FO34773] 60% LTV, increasing by 75bps from 5.44% to 6.19%, product fee £995

[FO34774] 75% LTV, increasing by 75bps from 5.44% to 6.19%, product fee £995

[FO34775] 85% LTV, increasing by 75bps from 5.59% to 6.34%, product fee £995

5 year fixed rate remortgage

[FO34779] 60% LTV, increasing by 75bps from 5.44% to 6.19%, product fee £995

[FO34780] 75% LTV, increasing by 75bps from 5.44% to 6.19%, product fee £995

[FO34781] 85% LTV, increasing by 75bps from 5.59% to 6.34%, product fee £995

 

BTL Green Mortgages

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO34782] 65% LTV, increasing by 40bps from 6.02% to 6.42%, product fee £995

[FO34783] 75% LTV, increasing by 40bps from 6.02% to 6.42%, product fee £995

2 year fixed rate remortgage

[FO34784] 65% LTV, increasing by 40bps from 6.02% to 6.42%, product fee £995

[FO34785] 75% LTV, increasing by 40bps from 6.02% to 6.42%, product fee £995

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher - high value

[FO34815] 60% LTV, increasing by 53bps from 5.56% to 6.09%, product fee £1,495

2 year fixed rate switcher

[FO34788] 60% LTV, increasing by 51bps from 5.89% to 6.40%, product fee £0

[FO34786] 60% LTV, increasing by 53bps from 5.64% to 6.17%, product fee £995

[FO34787] 60% LTV, increasing by 53bps from 5.74% to 6.27%, product fee £495

[FO34789] 75% LTV, increasing by 48bps from 5.69% to 6.17%, product fee £995

2 year fixed rate switcher - high value

[FO34816] 75% LTV, increasing by 48bps from 5.61% to 6.09%, product fee £1,495

2 year fixed rate switcher

[FO34790] 75% LTV, increasing by 46bps from 5.94% to 6.40%, product fee £0

2 year fixed rate switcher - high value

[FO34817] 80% LTV, increasing by 48bps from 5.66% to 6.14%, product fee £1,495

2 year fixed rate switcher

[FO34791] 80% LTV, increasing by 48bps from 5.74% to 6.22%, product fee £995

[FO34792] 80% LTV, increasing by 46bps from 5.99% to 6.45%, product fee £0

[FO34794] 85% LTV, increasing by 46bps from 6.04% to 6.50%, product fee £0

2 year fixed rate switcher - high value

[FO34818] 85% LTV, increasing by 48bps from 5.71% to 6.19%, product fee £1,495

2 year fixed rate switcher

[FO34793] 85% LTV, increasing by 48bps from 5.79% to 6.27%, product fee £995

[FO34796] 90% LTV, increasing by 46bps from 6.09% to 6.55%, product fee £0

[FO34795] 90% LTV, increasing by 48bps from 5.84% to 6.32%, product fee £995

[FO34798] 100% LTV, increasing by 46bps from 6.14% to 6.60%, product fee £0

[FO34797] 100% LTV, increasing by 48bps from 5.89% to 6.37%, product fee £995

5 year fixed rate switcher

[FO34801] 60% LTV, increasing by 80bps from 5.49% to 6.29%, product fee £0

5 year fixed rate switcher - high value

[FO34819] 60% LTV, increasing by 80bps from 5.18% to 5.98%, product fee £1,495

5 year fixed rate switcher

[FO34800] 60% LTV, increasing by 86bps from 5.34% to 6.20%, product fee £495

[FO34799] 60% LTV, increasing by 80bps from 5.24% to 6.04%, product fee £995

[FO34803] 75% LTV, increasing by 75bps from 5.54% to 6.29%, product fee £0

[FO34802] 75% LTV, increasing by 75bps from 5.29% to 6.04%, product fee £995

5 year fixed rate switcher - high value

[FO34820] 75% LTV, increasing by 75bps from 5.23% to 5.98%, product fee £1,495

5 year fixed rate switcher

[FO34804] 80% LTV, increasing by 75bps from 5.34% to 6.09%, product fee £995

[FO34805] 80% LTV, increasing by 75bps from 5.59% to 6.34%, product fee £0

5 year fixed rate switcher - high value

[FO34821] 80% LTV, increasing by 75bps from 5.28% to 6.03%, product fee £1,495

5 year fixed rate switcher

[FO34806] 85% LTV, increasing by 75bps from 5.39% to 6.14%, product fee £995

5 year fixed rate switcher - high value

[FO34822] 85% LTV, increasing by 75bps from 5.33% to 6.08%, product fee £1,495

5 year fixed rate switcher

[FO34807] 85% LTV, increasing by 75bps from 5.64% to 6.39%, product fee £0

[FO34808] 90% LTV, increasing by 75bps from 5.44% to 6.19%, product fee £995

[FO34809] 90% LTV, increasing by 75bps from 5.69% to 6.44%, product fee £0

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO34811] 60% LTV, increasing by 56bps from 5.89% to 6.45%, product fee £0

[FO34810] 60% LTV, increasing by 58bps from 5.64% to 6.22%, product fee £995

[FO34813] 75% LTV, increasing by 51bps from 5.94% to 6.45%, product fee £0

[FO34812] 75% LTV, increasing by 53bps from 5.69% to 6.22%, product fee £995

[FO34814] 90% LTV, increasing by 46bps from 6.14% to 6.60%, product fee £0

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Monday 17 October, 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must submit a paper-based application. In this instance, you must email your BDM by midday on Tuesday 18 October 2022. Requests received after this time will not be considered.

 

Your email must include in bullet points:

 

• Your details - name, company and postcode
• Customer name
• Product applying for
• Amount of mortgage loan
• Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email, please submit the case through our intermediary website. 

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Monday 10 October 2022

 

Here’s a full list the changes with product codes in brackets:

New Business

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO34197] 60% LTV, increasing by 35bps from 5.62% to 5.97%, product fee £995

[FO34198] 60% LTV, increasing by 35bps from 5.85% to 6.20%, product fee £0

[FO34199] 75% LTV, increasing by 35bps from 5.62% to 5.97%, product fee £995

[FO34200] 75% LTV, increasing by 35bps from 5.85% to 6.20%, product fee £0

[FO34201] 80% LTV, increasing by 35bps from 5.79% to 6.14%, product fee £995

[FO34202] 80% LTV, increasing by 35bps from 5.99% to 6.34%, product fee £0

[FO34203] 85% LTV, increasing by 35bps from 5.79% to 6.14%, product fee £995

[FO34204] 85% LTV, increasing by 35bps from 5.99% to 6.34%, product fee £0

[FO34205] 90% LTV, increasing by 35bps from 5.79% to 6.14%, product fee £995

[FO34206] 90% LTV, increasing by 35bps from 5.99% to 6.34%, product fee £0

2 year fixed rate remortgage

[FO34218] 60% LTV, increasing by 35bps from 5.85% to 6.20%, product fee £0

[FO34217] 60% LTV, increasing by 35bps from 5.62% to 5.97%, product fee £995

[FO34219] 75% LTV, increasing by 35bps from 5.62% to 5.97%, product fee £995

[FO34220] 75% LTV, increasing by 35bps from 5.85% to 6.20%, product fee £0

[FO34221] 80% LTV, increasing by 35bps from 5.79% to 6.14%, product fee £995

[FO34222] 80% LTV, increasing by 35bps from 5.99% to 6.34%, product fee £0

[FO34224] 85% LTV, increasing by 35bps from 5.99% to 6.34%, product fee £0

[FO34223] 85% LTV, increasing by 35bps from 5.79% to 6.14%, product fee £995

[FO34226] 90% LTV, increasing by 35bps from 5.99% to 6.34%, product fee £0

[FO34225] 90% LTV, increasing by 35bps from 5.79% to 6.14%, product fee £995

5 year fixed rate purchase

[FO34208] 60% LTV, increasing by 35bps from 5.39% to 5.74%, product fee £0

[FO34207] 60% LTV, increasing by 35bps from 5.14% to 5.49%, product fee £995

[FO34210] 75% LTV, increasing by 35bps from 5.39% to 5.74%, product fee £0

[FO34209] 75% LTV, increasing by 35bps from 5.14% to 5.49%, product fee £995

[FO34211] 80% LTV, increasing by 35bps from 5.29% to 5.64%, product fee £995

[FO34212] 80% LTV, increasing by 35bps from 5.54% to 5.89%, product fee £0

[FO34213] 85% LTV, increasing by 35bps from 5.29% to 5.64%, product fee £995

[FO34214] 85% LTV, increasing by 35bps from 5.54% to 5.89%, product fee £0

[FO34216] 90% LTV, increasing by 35bps from 5.54% to 5.89%, product fee £0

[FO34215] 90% LTV, increasing by 35bps from 5.29% to 5.64%, product fee £995

5 year fixed rate remortgage

[FO34228] 60% LTV, increasing by 35bps from 5.39% to 5.74%, product fee £0

[FO34227] 60% LTV, increasing by 35bps from 5.14% to 5.49%, product fee £995

[FO34230] 75% LTV, increasing by 35bps from 5.39% to 5.74%, product fee £0

[FO34229] 75% LTV, increasing by 35bps from 5.14% to 5.49%, product fee £995

[FO34231] 80% LTV, increasing by 35bps from 5.29% to 5.64%, product fee £995

[FO34232] 80% LTV, increasing by 35bps from 5.54% to 5.89%, product fee £0

[FO34234] 85% LTV, increasing by 35bps from 5.54% to 5.89%, product fee £0

[FO34233] 85% LTV, increasing by 35bps from 5.29% to 5.64%, product fee £995

[FO34235] 90% LTV, increasing by 35bps from 5.29% to 5.64%, product fee £995

[FO34236] 90% LTV, increasing by 35bps from 5.54% to 5.89%, product fee £0

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO34237] 85% LTV, increasing by 35bps from 5.79% to 6.14%, product fee £995, cashback £250

[FO34238] 85% LTV, increasing by 35bps from 5.99% to 6.34%, product fee £0, cashback £250

[FO34240] 90% LTV, increasing by 35bps from 5.99% to 6.34%, product fee £0, cashback £250

[FO34239] 90% LTV, increasing by 35bps from 5.79% to 6.14%, product fee £995, cashback £250

5 year fixed rate purchase

[FO34241] 85% LTV, increasing by 35bps from 5.29% to 5.64%, product fee £995, cashback £250

[FO34242] 85% LTV, increasing by 35bps from 5.54% to 5.89%, product fee £0, cashback £250

[FO34243] 90% LTV, increasing by 35bps from 5.29% to 5.64%, product fee £995, cashback £250

[FO34244] 90% LTV, increasing by 35bps from 5.54% to 5.89%, product fee £0, cashback £250

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO34245] 60% LTV, increasing by 35bps from 5.62% to 5.97%, product fee £995, cashback £250

[FO34246] 60% LTV, increasing by 35bps from 5.85% to 6.20%, product fee £0

[FO34248] 75% LTV, increasing by 35bps from 5.85% to 6.20%, product fee £0

[FO34247] 75% LTV, increasing by 35bps from 5.62% to 5.97%, product fee £995, cashback £250

5 year fixed rate purchase

[FO34250] 60% LTV, increasing by 35bps from 5.39% to 5.74%, product fee £0

[FO34249] 60% LTV, increasing by 35bps from 5.14% to 5.49%, product fee £995, cashback £250

[FO34252] 75% LTV, increasing by 35bps from 5.39% to 5.74%, product fee £0

[FO34251] 75% LTV, increasing by 35bps from 5.14% to 5.49%, product fee £995, cashback £250

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate purchase

[FO34254] 60% LTV, increasing by 35bps from 5.85% to 6.20%, product fee £0

[FO34253] 60% LTV, increasing by 35bps from 5.62% to 5.97%, product fee £995, cashback £250

[FO34256] 75% LTV, increasing by 35bps from 5.85% to 6.20%, product fee £0

[FO34255] 75% LTV, increasing by 35bps from 5.62% to 5.97%, product fee £995, cashback £250

2 year fixed rate remortgage

[FO34262] 60% LTV, increasing by 35bps from 5.85% to 6.20%, product fee £0

[FO34261] 60% LTV, increasing by 35bps from 5.62% to 5.97%, product fee £995, cashback £500

[FO34263] 75% LTV, increasing by 35bps from 5.62% to 5.97%, product fee £995, cashback £500

[FO34264] 75% LTV, increasing by 35bps from 5.85% to 6.20%, product fee £0

5 year fixed rate purchase

[FO34258] 60% LTV, increasing by 35bps from 5.39% to 5.74%, product fee £0

[FO34257] 60% LTV, increasing by 35bps from 5.14% to 5.49%, product fee £995, cashback £250

[FO34260] 75% LTV, increasing by 35bps from 5.39% to 5.74%, product fee £0

[FO34259] 75% LTV, increasing by 35bps from 5.14% to 5.49%, product fee £995, cashback £250

5 year fixed rate remortgage

[FO34266] 60% LTV, increasing by 35bps from 5.39% to 5.74%, product fee £0

[FO34265] 60% LTV, increasing by 35bps from 5.14% to 5.49%, product fee £995, cashback £500

[FO34267] 75% LTV, increasing by 35bps from 5.14% to 5.49%, product fee £995, cashback £500

[FO34268] 75% LTV, increasing by 35bps from 5.39% to 5.74%, product fee £0

 

Mortgage Guarantee

Residential

Rate Changes

2 year fixed rate purchase

[FO34313] 95% LTV, increasing by 35bps from 6.15% to 6.50%, product fee £0, cashback £750

5 year fixed rate purchase

[FO34314] 95% LTV, increasing by 35bps from 5.70% to 6.05%, product fee £0, cashback £750

 

BTL Range

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO34269] 60% LTV, increasing by 35bps from 5.72% to 6.07%, product fee £995

[FO34270] 60% LTV, increasing by 35bps from 5.95% to 6.30%, product fee £0

[FO34305] 60% LTV, increasing by 35bps from 5.67% to 6.02%, product fee £1,495

[FO34271] 75% LTV, increasing by 35bps from 5.72% to 6.07%, product fee £995

[FO34272] 75% LTV, increasing by 35bps from 5.95% to 6.30%, product fee £0

[FO34306] 75% LTV, increasing by 35bps from 5.67% to 6.02%, product fee £1,495

2 year fixed rate remortgage

[FO34277] 60% LTV, increasing by 35bps from 5.72% to 6.07%, product fee £995

[FO34309] 60% LTV, increasing by 35bps from 5.67% to 6.02%, product fee £1,495

[FO34278] 60% LTV, increasing by 35bps from 5.95% to 6.30%, product fee £0

[FO34310] 75% LTV, increasing by 35bps from 5.67% to 6.02%, product fee £1,495

[FO34279] 75% LTV, increasing by 35bps from 5.72% to 6.07%, product fee £995

[FO34280] 75% LTV, increasing by 35bps from 5.95% to 6.30%, product fee £0

5 year fixed rate purchase

[FO34274] 60% LTV, increasing by 35bps from 5.49% to 5.84%, product fee £0

[FO34273] 60% LTV, increasing by 35bps from 5.24% to 5.59%, product fee £995

[FO34307] 60% LTV, increasing by 35bps from 5.19% to 5.54%, product fee £1,495

[FO34308] 75% LTV, increasing by 35bps from 5.19% to 5.54%, product fee £1,495

[FO34276] 75% LTV, increasing by 35bps from 5.49% to 5.84%, product fee £0

[FO34275] 75% LTV, increasing by 35bps from 5.24% to 5.59%, product fee £995

5 year fixed rate remortgage

[FO34311] 60% LTV, increasing by 35bps from 5.19% to 5.54%, product fee £1,495

[FO34281] 60% LTV, increasing by 35bps from 5.24% to 5.59%, product fee £995

[FO34282] 60% LTV, increasing by 35bps from 5.49% to 5.84%, product fee £0

[FO34312] 75% LTV, increasing by 35bps from 5.19% to 5.54%, product fee £1,495

[FO34283] 75% LTV, increasing by 35bps from 5.24% to 5.59%, product fee £995

[FO34284] 75% LTV, increasing by 35bps from 5.49% to 5.84%, product fee £0

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO34285] 60% LTV, increasing by 35bps from 5.57% to 5.92%, product fee £995

[FO34286] 75% LTV, increasing by 35bps from 5.57% to 5.92%, product fee £995

[FO34287] 85% LTV, increasing by 35bps from 5.74% to 6.09%, product fee £995

2 year fixed rate remortgage

[FO34291] 60% LTV, increasing by 35bps from 5.57% to 5.92%, product fee £995

[FO34292] 75% LTV, increasing by 35bps from 5.57% to 5.92%, product fee £995

[FO34293] 85% LTV, increasing by 35bps from 5.74% to 6.09%, product fee £995

5 year fixed rate purchase

[FO34288] 60% LTV, increasing by 35bps from 5.09% to 5.44%, product fee £995

[FO34289] 75% LTV, increasing by 35bps from 5.09% to 5.44%, product fee £995

[FO34290] 85% LTV, increasing by 35bps from 5.24% to 5.59%, product fee £995

5 year fixed rate remortgage

[FO34294] 60% LTV, increasing by 35bps from 5.09% to 5.44%, product fee £995

[FO34295] 75% LTV, increasing by 35bps from 5.09% to 5.44%, product fee £995

[FO34296] 85% LTV, increasing by 35bps from 5.24% to 5.59%, product fee £995

 

BTL Green Mortgages

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO34297] 65% LTV, increasing by 35bps from 5.67% to 6.02%, product fee £995

[FO34298] 75% LTV, increasing by 35bps from 5.67% to 6.02%, product fee £995

2 year fixed rate remortgage

[FO34301] 65% LTV, increasing by 35bps from 5.67% to 6.02%, product fee £995

[FO34302] 75% LTV, increasing by 35bps from 5.67% to 6.02%, product fee £995

5 year fixed rate purchase

[FO34299] 65% LTV, increasing by 35bps from 5.19% to 5.54%, product fee £995

[FO34300] 75% LTV, increasing by 35bps from 5.19% to 5.54%, product fee £995

5 year fixed rate remortgage

[FO34303] 65% LTV, increasing by 35bps from 5.19% to 5.54%, product fee £995

[FO34304] 75% LTV, increasing by 35bps from 5.19% to 5.54%, product fee £995

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO34317] 60% LTV, increasing by 65bps from 5.24% to 5.89%, product fee £0

2 year fixed rate switcher - high value

[FO34348] 60% LTV, increasing by 75bps from 4.81% to 5.56%, product fee £1,495

2 year fixed rate switcher

[FO34316] 60% LTV, increasing by 71bps from 5.03% to 5.74%, product fee £495

[FO34315] 60% LTV, increasing by 75bps from 4.89% to 5.64%, product fee £995

2 year fixed rate switcher - high value

[FO34349] 75% LTV, increasing by 75bps from 4.86% to 5.61%, product fee £1,495

2 year fixed rate switcher

[FO34319] 75% LTV, increasing by 65bps from 5.29% to 5.94%, product fee £0

[FO34318] 75% LTV, increasing by 75bps from 4.94% to 5.69%, product fee £995

[FO34320] 80% LTV, increasing by 75bps from 4.99% to 5.74%, product fee £995

[FO34321] 80% LTV, increasing by 65bps from 5.34% to 5.99%, product fee £0

2 year fixed rate switcher - high value

[FO34350] 80% LTV, increasing by 75bps from 4.91% to 5.66%, product fee £1,495

2 year fixed rate switcher

[FO34323] 85% LTV, increasing by 65bps from 5.39% to 6.04%, product fee £0

2 year fixed rate switcher - high value

[FO34351] 85% LTV, increasing by 75bps from 4.96% to 5.71%, product fee £1,495

2 year fixed rate switcher

[FO34322] 85% LTV, increasing by 75bps from 5.04% to 5.79%, product fee £995

[FO34324] 90% LTV, increasing by 75bps from 5.09% to 5.84%, product fee £995

[FO34325] 90% LTV, increasing by 65bps from 5.44% to 6.09%, product fee £0

[FO34327] 100% LTV, increasing by 65bps from 5.49% to 6.14%, product fee £0

[FO34326] 100% LTV, increasing by 75bps from 5.14% to 5.89%, product fee £995

5 year fixed rate switcher

[FO34330] 60% LTV, increasing by 70bps from 4.79% to 5.49%, product fee £0

[FO34328] 60% LTV, increasing by 65bps from 4.59% to 5.24%, product fee £995

5 year fixed rate switcher - high value

[FO34352] 60% LTV, increasing by 65bps from 4.53% to 5.18%, product fee £1,495

5 year fixed rate switcher

[FO34329] 60% LTV, increasing by 65bps from 4.69% to 5.34%, product fee £495

5 year fixed rate switcher - high value

[FO34353] 75% LTV, increasing by 65bps from 4.58% to 5.23%, product fee £1,495

5 year fixed rate switcher

[FO34331] 75% LTV, increasing by 65bps from 4.64% to 5.29%, product fee £995

[FO34332] 75% LTV, increasing by 70bps from 4.84% to 5.54%, product fee £0

[FO34334] 80% LTV, increasing by 70bps from 4.89% to 5.59%, product fee £0

5 year fixed rate switcher - high value

[FO34354] 80% LTV, increasing by 65bps from 4.63% to 5.28%, product fee £1,495

5 year fixed rate switcher

[FO34333] 80% LTV, increasing by 65bps from 4.69% to 5.34%, product fee £995

5 year fixed rate switcher - high value

[FO34355] 85% LTV, increasing by 65bps from 4.68% to 5.33%, product fee £1,495

5 year fixed rate switcher

[FO34335] 85% LTV, increasing by 65bps from 4.74% to 5.39%, product fee £995

[FO34336] 85% LTV, increasing by 70bps from 4.94% to 5.64%, product fee £0

[FO34338] 90% LTV, increasing by 70bps from 4.99% to 5.69%, product fee £0

[FO34337] 90% LTV, increasing by 65bps from 4.79% to 5.44%, product fee £995

 

BTL Standard Switcher Range                             

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO34340] 60% LTV, increasing by 60bps from 5.29% to 5.89%, product fee £0

[FO34339] 60% LTV, increasing by 70bps from 4.94% to 5.64%, product fee £995

[FO34342] 75% LTV, increasing by 60bps from 5.34% to 5.94%, product fee £0

[FO34341] 75% LTV, increasing by 70bps from 4.99% to 5.69%, product fee £995

[FO34343] 90% LTV, increasing by 65bps from 5.49% to 6.14%, product fee £0

5 year fixed rate switcher

[FO34344] 60% LTV, increasing by 60bps from 4.64% to 5.24%, product fee £995

[FO34345] 60% LTV, increasing by 65bps from 4.84% to 5.49%, product fee £0

[FO34346] 75% LTV, increasing by 60bps from 4.69% to 5.29%, product fee £995

[FO34347] 75% LTV, increasing by 65bps from 4.89% to 5.54%, product fee £0

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

The above rates are effective immediately. 

 

Pipeline applications submitted prior to this change remain unaffected.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Monday 3 October 2022

Buy to Let stress rates

• We’ve increased the stress rate for 2 year products from 5.5% to 7.83%
• We’ve increased the stress rate for 5 year and Like for Like Remortgage products from 5.1% to 7.44%

 

End dates

2 Year Term End Dates Moving from 31 January 2025 to 28 February 2025

5 Year Term End Dates Moving from 31 January 2028 to 29 February 2028

 

Here’s a full list the changes with product codes in brackets:

New Business

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO33708] 60% LTV, increasing by 120bps from 4.42% to 5.62%, product fee £995

[FO33709] 60% LTV, increasing by 121bps from 4.64% to 5.85%, product fee £0

[FO33710] 75% LTV, increasing by 118bps from 4.44% to 5.62%, product fee £995

[FO33711] 75% LTV, increasing by 121bps from 4.64% to 5.85%, product fee £0

[FO33712] 80% LTV, increasing by 130bps from 4.49% to 5.79%, product fee £995

[FO33713] 80% LTV, increasing by 126bps from 4.73% to 5.99%, product fee £0

[FO33714] 85% LTV, increasing by 122bps from 4.57% to 5.79%, product fee £995

[FO33715] 85% LTV, increasing by 125bps from 4.74% to 5.99%, product fee £0

[FO33716] 90% LTV, increasing by 122bps from 4.57% to 5.79%, product fee £995

[FO33717] 90% LTV, increasing by 124bps from 4.75% to 5.99%, product fee £0

2 year fixed rate remortgage

[FO33729] 60% LTV, increasing by 131bps from 4.54% to 5.85%, product fee £0

[FO33728] 60% LTV, increasing by 134bps from 4.28% to 5.62%, product fee £995

[FO33730] 75% LTV, increasing by 132bps from 4.30% to 5.62%, product fee £995

[FO33731] 75% LTV, increasing by 129bps from 4.56% to 5.85%, product fee £0

[FO33732] 80% LTV, increasing by 146bps from 4.33% to 5.79%, product fee £995

[FO33733] 80% LTV, increasing by 135bps from 4.64% to 5.99%, product fee £0

[FO33735] 85% LTV, increasing by 130bps from 4.69% to 5.99%, product fee £0

[FO33734] 85% LTV, increasing by 137bps from 4.42% to 5.79%, product fee £995

[FO33737] 90% LTV, increasing by 115bps from 4.84% to 5.99%, product fee £0

[FO33736] 90% LTV, increasing by 114bps from 4.65% to 5.79%, product fee £995

5 year fixed rate purchase

[FO33719] 60% LTV, increasing by 95bps from 4.44% to 5.39%, product fee £0

[FO33718] 60% LTV, increasing by 92bps from 4.22% to 5.14%, product fee £995

[FO33721] 75% LTV, increasing by 95bps from 4.44% to 5.39%, product fee £0

[FO33720] 75% LTV, increasing by 90bps from 4.24% to 5.14%, product fee £995

[FO33722] 80% LTV, increasing by 100bps from 4.29% to 5.29%, product fee £995

[FO33723] 80% LTV, increasing by 101bps from 4.53% to 5.54%, product fee £0

[FO33724] 85% LTV, increasing by 92bps from 4.37% to 5.29%, product fee £995

[FO33725] 85% LTV, increasing by 100bps from 4.54% to 5.54%, product fee £0

[FO33727] 90% LTV, increasing by 99bps from 4.55% to 5.54%, product fee £0

[FO33726] 90% LTV, increasing by 92bps from 4.37% to 5.29%, product fee £995

5 year fixed rate remortgage

[FO33739] 60% LTV, increasing by 105bps from 4.34% to 5.39%, product fee £0

[FO33738] 60% LTV, increasing by 106bps from 4.08% to 5.14%, product fee £995

[FO33741] 75% LTV, increasing by 103bps from 4.36% to 5.39%, product fee £0

[FO33740] 75% LTV, increasing by 104bps from 4.10% to 5.14%, product fee £995

[FO33742] 80% LTV, increasing by 116bps from 4.13% to 5.29%, product fee £995

[FO33743] 80% LTV, increasing by 110bps from 4.44% to 5.54%, product fee £0

[FO33745] 85% LTV, increasing by 105bps from 4.49% to 5.54%, product fee £0

[FO33744] 85% LTV, increasing by 107bps from 4.22% to 5.29%, product fee £995

[FO33746] 90% LTV, increasing by 84bps from 4.45% to 5.29%, product fee £995

[FO33747] 90% LTV, increasing by 90bps from 4.64% to 5.54%, product fee £0

 

First Time Buyer

Residential

Rate Changes and Cashback Changes

2 year fixed rate purchase

[FO33749] 85% LTV, increasing by 135bps from 4.64% to 5.99%, product fee £0, cashback decreasing from £1,000 to £250

[FO33748] 85% LTV, increasing by 152bps from 4.27% to 5.79%, product fee £995, cashback decreasing from £1,000 to £250

[FO33751] 90% LTV, increasing by 125bps from 4.74% to 5.99%, product fee £0, cashback decreasing from £1,000 to £250

[FO33750] 90% LTV, increasing by 140bps from 4.39% to 5.79%, product fee £995, cashback decreasing from £1,000 to £250

5 year fixed rate purchase

[FO33752] 85% LTV, increasing by 122bps from 4.07% to 5.29%, product fee £995, cashback decreasing from £1,000 to £250

[FO33753] 85% LTV, increasing by 110bps from 4.44% to 5.54%, product fee £0, cashback decreasing from £1,000 to £250

[FO33754] 90% LTV, increasing by 110bps from 4.19% to 5.29%, product fee £995, cashback decreasing from £1,000 to £250

[FO33755] 90% LTV, increasing by 100bps from 4.54% to 5.54%, product fee £0, cashback decreasing from £1,000 to £250

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO33757] 60% LTV, increasing by 136bps from 4.49% to 5.85%, product fee £0

[FO33756] 60% LTV, increasing by 135bps from 4.27% to 5.62%, product fee £995, cashback £250

[FO33758] 75% LTV, increasing by 133bps from 4.29% to 5.62%, product fee £995, cashback £250

[FO33759] 75% LTV, increasing by 136bps from 4.49% to 5.85%, product fee £0

5 year fixed rate purchase

[FO33760] 60% LTV, increasing by 107bps from 4.07% to 5.14%, product fee £995, cashback £250

[FO33761] 60% LTV, increasing by 110bps from 4.29% to 5.39%, product fee £0

[FO33763] 75% LTV, increasing by 110bps from 4.29% to 5.39%, product fee £0

[FO33762] 75% LTV, increasing by 105bps from 4.09% to 5.14%, product fee £995, cashback £250

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate purchase

[FO33764] 60% LTV, increasing by 135bps from 4.27% to 5.62%, product fee £995, cashback £250

[FO33765] 60% LTV, increasing by 136bps from 4.49% to 5.85%, product fee £0

[FO33766] 75% LTV, increasing by 133bps from 4.29% to 5.62%, product fee £995, cashback £250

[FO33767] 75% LTV, increasing by 136bps from 4.49% to 5.85%, product fee £0

2 year fixed rate remortgage

[FO33775] 60% LTV, increasing by 131bps from 4.54% to 5.85%, product fee £0

[FO33774] 60% LTV, increasing by 134bps from 4.28% to 5.62%, product fee £995, cashback £500

[FO33776] 75% LTV, increasing by 132bps from 4.30% to 5.62%, product fee £995, cashback £500

[FO33777] 75% LTV, increasing by 129bps from 4.56% to 5.85%, product fee £0

5 year fixed rate purchase

[FO33768] 60% LTV, increasing by 107bps from 4.07% to 5.14%, product fee £995, cashback £250

[FO33769] 60% LTV, increasing by 110bps from 4.29% to 5.39%, product fee £0

[FO33771] 75% LTV, increasing by 110bps from 4.29% to 5.39%, product fee £0

[FO33770] 75% LTV, increasing by 105bps from 4.09% to 5.14%, product fee £995, cashback £250

5 year fixed rate remortgage

[FO33779] 60% LTV, increasing by 105bps from 4.34% to 5.39%, product fee £0

[FO33778] 60% LTV, increasing by 106bps from 4.08% to 5.14%, product fee £995, cashback £500

[FO33781] 75% LTV, increasing by 103bps from 4.36% to 5.39%, product fee £0

[FO33780] 75% LTV, increasing by 104bps from 4.10% to 5.14%, product fee £995, cashback £500

 

Mortgage Guarantee

Residential

Rate Changes

2 year fixed rate purchase

[FO33772] 95% LTV, increasing by 136bps from 4.79% to 6.15%, product fee £0, cashback £750

5 year fixed rate purchase

[FO33773] 95% LTV, increasing by 111bps from 4.59% to 5.70%, product fee £0, cashback £750

 

BTL Range

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO33786] 60% LTV, increasing by 163bps from 4.09% to 5.72%, product fee £995

[FO33782] 60% LTV, increasing by 178bps from 3.89% to 5.67%, product fee £1,495

[FO33787] 60% LTV, increasing by 161bps from 4.34% to 5.95%, product fee £0

[FO33783] 75% LTV, increasing by 173bps from 3.94% to 5.67%, product fee £1,495

[FO33788] 75% LTV, increasing by 158bps from 4.14% to 5.72%, product fee £995

[FO33789] 75% LTV, increasing by 161bps from 4.34% to 5.95%, product fee £0

2 year fixed rate remortgage

[FO33794] 60% LTV, increasing by 172bps from 3.95% to 5.67%, product fee £1,495

[FO33799] 60% LTV, increasing by 156bps from 4.39% to 5.95%, product fee £0

[FO33798] 60% LTV, increasing by 163bps from 4.09% to 5.72%, product fee £995

[FO33795] 75% LTV, increasing by 163bps from 4.04% to 5.67%, product fee £1,495

[FO33801] 75% LTV, increasing by 146bps from 4.49% to 5.95%, product fee £0

[FO33800] 75% LTV, increasing by 158bps from 4.14% to 5.72%, product fee £995

5 year fixed rate purchase

[FO33790] 60% LTV, increasing by 135bps from 3.89% to 5.24%, product fee £995

[FO33791] 60% LTV, increasing by 135bps from 4.14% to 5.49%, product fee £0

[FO33784] 60% LTV, increasing by 150bps from 3.69% to 5.19%, product fee £1,495

[FO33793] 75% LTV, increasing by 135bps from 4.14% to 5.49%, product fee £0

[FO33792] 75% LTV, increasing by 130bps from 3.94% to 5.24%, product fee £995

[FO33785] 75% LTV, increasing by 145bps from 3.74% to 5.19%, product fee £1,495

5 year fixed rate remortgage

[FO33802] 60% LTV, increasing by 135bps from 3.89% to 5.24%, product fee £995

[FO33803] 60% LTV, increasing by 130bps from 4.19% to 5.49%, product fee £0

[FO33796] 60% LTV, increasing by 144bps from 3.75% to 5.19%, product fee £1,495

[FO33804] 75% LTV, increasing by 130bps from 3.94% to 5.24%, product fee £995

[FO33797] 75% LTV, increasing by 135bps from 3.84% to 5.19%, product fee £1,495

[FO33805] 75% LTV, increasing by 120bps from 4.29% to 5.49%, product fee £0

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO33806] 60% LTV, increasing by 160bps from 3.97% to 5.57%, product fee £995

[FO33807] 75% LTV, increasing by 158bps from 3.99% to 5.57%, product fee £995

[FO33808] 85% LTV, increasing by 162bps from 4.12% to 5.74%, product fee £995

2 year fixed rate remortgage

[FO33812] 60% LTV, increasing by 159bps from 3.98% to 5.57%, product fee £995

[FO33813] 75% LTV, increasing by 157bps from 4.00% to 5.57%, product fee £995

[FO33814] 85% LTV, increasing by 162bps from 4.12% to 5.74%, product fee £995

5 year fixed rate purchase

[FO33809] 60% LTV, increasing by 132bps from 3.77% to 5.09%, product fee £995

[FO33810] 75% LTV, increasing by 130bps from 3.79% to 5.09%, product fee £995

[FO33811] 85% LTV, increasing by 132bps from 3.92% to 5.24%, product fee £995

5 year fixed rate remortgage

[FO33815] 60% LTV, increasing by 131bps from 3.78% to 5.09%, product fee £995

[FO33816] 75% LTV, increasing by 129bps from 3.80% to 5.09%, product fee £995

[FO33817] 85% LTV, increasing by 132bps from 3.92% to 5.24%, product fee £995

 

BTL Green Mortgages

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO33818] 65% LTV, increasing by 168bps from 3.99% to 5.67%, product fee £995

[FO33819] 75% LTV, increasing by 163bps from 4.04% to 5.67%, product fee £995

2 year fixed rate remortgage

[FO33822] 65% LTV, increasing by 168bps from 3.99% to 5.67%, product fee £995

[FO33823] 75% LTV, increasing by 163bps from 4.04% to 5.67%, product fee £995

5 year fixed rate purchase

[FO33820] 65% LTV, increasing by 140bps from 3.79% to 5.19%, product fee £995

[FO33821] 75% LTV, increasing by 135bps from 3.84% to 5.19%, product fee £995

5 year fixed rate remortgage

[FO33824] 65% LTV, increasing by 140bps from 3.79% to 5.19%, product fee £995

[FO33825] 75% LTV, increasing by 135bps from 3.84% to 5.19%, product fee £995

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO33828] 60% LTV, increasing by 105bps from 4.19% to 5.24%, product fee £0

2 year fixed rate switcher - high value

[FO33859] 60% LTV, increasing by 104bps from 3.77% to 4.81%, product fee £1,495

2 year fixed rate switcher

[FO33826] 60% LTV, increasing by 104bps from 3.99% to 5.03%, product fee £495

[FO33827] 60% LTV, increasing by 104bps from 3.85% to 4.89%, product fee £995

2 year fixed rate switcher - high value

[FO33860] 75% LTV, increasing by 109bps from 3.77% to 4.86%, product fee £1,495

2 year fixed rate switcher

[FO33830] 75% LTV, increasing by 110bps from 4.19% to 5.29%, product fee £0

[FO33829] 75% LTV, increasing by 109bps from 3.85% to 4.94%, product fee £995

[FO33831] 80% LTV, increasing by 95bps from 4.04% to 4.99%, product fee £995

[FO33832] 80% LTV, increasing by 110bps from 4.24% to 5.34%, product fee £0

2 year fixed rate switcher - high value

[FO33861] 80% LTV, increasing by 93bps from 3.98% to 4.91%, product fee £1,495

2 year fixed rate switcher

[FO33834] 85% LTV, increasing by 115bps from 4.24% to 5.39%, product fee £0

2 year fixed rate switcher - high value

[FO33862] 85% LTV, increasing by 93bps from 4.03% to 4.96%, product fee £1,495

2 year fixed rate switcher

[FO33833] 85% LTV, increasing by 95bps from 4.09% to 5.04%, product fee £995

[FO33835] 90% LTV, increasing by 95bps from 4.14% to 5.09%, product fee £995

[FO33836] 90% LTV, increasing by 105bps from 4.39% to 5.44%, product fee £0

[FO33838] 100% LTV, increasing by 95bps from 4.54% to 5.49%, product fee £0

[FO33837] 100% LTV, increasing by 85bps from 4.29% to 5.14%, product fee £995

5 year fixed rate switcher

[FO33841] 60% LTV, increasing by 88bps from 3.91% to 4.79%, product fee £0

[FO33840] 60% LTV, increasing by 100bps from 3.59% to 4.59%, product fee £995

5 year fixed rate switcher - high value

[FO33863] 60% LTV, increasing by 100bps from 3.53% to 4.53%, product fee £1,495

5 year fixed rate switcher

[FO33839] 60% LTV, increasing by 94bps from 3.75% to 4.69%, product fee £495

5 year fixed rate switcher - high value

[FO33864] 75% LTV, increasing by 97bps from 3.61% to 4.58%, product fee £1,495

5 year fixed rate switcher

[FO33842] 75% LTV, increasing by 97bps from 3.67% to 4.64%, product fee £995

[FO33843] 75% LTV, increasing by 85bps from 3.99% to 4.84%, product fee £0

[FO33845] 80% LTV, increasing by 80bps from 4.09% to 4.89%, product fee £0

5 year fixed rate switcher - high value

[FO33865] 80% LTV, increasing by 92bps from 3.71% to 4.63%, product fee £1,495

5 year fixed rate switcher

[FO33844] 80% LTV, increasing by 92bps from 3.77% to 4.69%, product fee £995

5 year fixed rate switcher - high value

[FO33866] 85% LTV, increasing by 97bps from 3.71% to 4.68%, product fee £1,495

5 year fixed rate switcher

[FO33846] 85% LTV, increasing by 97bps from 3.77% to 4.74%, product fee £995

[FO33847] 85% LTV, increasing by 85bps from 4.09% to 4.94%, product fee £0

[FO33849] 90% LTV, increasing by 80bps from 4.19% to 4.99%, product fee £0

[FO33848] 90% LTV, increasing by 80bps from 3.99% to 4.79%, product fee £995

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO33851] 60% LTV, increasing by 120bps from 4.09% to 5.29%, product fee £0

[FO33850] 60% LTV, increasing by 124bps from 3.70% to 4.94%, product fee £995

[FO33853] 75% LTV, increasing by 120bps from 4.14% to 5.34%, product fee £0

[FO33852] 75% LTV, increasing by 125bps from 3.74% to 4.99%, product fee £995

[FO33854] 90% LTV, increasing by 114bps from 4.35% to 5.49%, product fee £0

5 year fixed rate switcher

[FO33855] 60% LTV, increasing by 110bps from 3.54% to 4.64%, product fee £995

[FO33856] 60% LTV, increasing by 101bps from 3.83% to 4.84%, product fee £0

[FO33857] 75% LTV, increasing by 110bps from 3.59% to 4.69%, product fee £995

[FO33858] 75% LTV, increasing by 87bps from 4.02% to 4.89%, product fee £0

 

Transitional arrangements

 

The above rates are immediately effective.

 

Pipeline applications submitted prior to this change remain unaffected.

For a complete listing of all our mortgage products, please visit the product page on our web site.

Effective from Monday 26 September 2022

 

Following on from the announcement that the Bank of England have changed their base rate from 1.75% to 2.25%, our tracker products will be amended from the 26th September to reflect this. All product codes will remain the same.

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Friday 23rd September 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Monday 26th September. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email, please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Wednesday 21 September 2022

 

Here’s a full list the changes with product codes in brackets:

New Business

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO33669] 60% LTV, increasing by 35bps from 4.29% to 4.64%, product fee £0

[FO33668] 60% LTV, increasing by 35bps from 4.07% to 4.42%, product fee £995

[FO33670] 75% LTV, increasing by 35bps from 4.09% to 4.44%, product fee £995

[FO33671] 75% LTV, increasing by 35bps from 4.29% to 4.64%, product fee £0

[FO33672] 80% LTV, increasing by 35bps from 4.14% to 4.49%, product fee £995

[FO33673] 80% LTV, increasing by 35bps from 4.38% to 4.73%, product fee £0

[FO33674] 85% LTV, increasing by 35bps from 4.22% to 4.57%, product fee £995

[FO33675] 85% LTV, increasing by 35bps from 4.39% to 4.74%, product fee £0

[FO33677] 90% LTV, increasing by 35bps from 4.40% to 4.75%, product fee £0

[FO33676] 90% LTV, increasing by 35bps from 4.22% to 4.57%, product fee £995

2 year fixed rate remortgage

[FO33689] 60% LTV, increasing by 20bps from 4.34% to 4.54%, product fee £0

[FO33688] 60% LTV, increasing by 20bps from 4.08% to 4.28%, product fee £995

[FO33691] 75% LTV, increasing by 20bps from 4.36% to 4.56%, product fee £0

[FO33690] 75% LTV, increasing by 20bps from 4.10% to 4.30%, product fee £995

[FO33693] 80% LTV, increasing by 20bps from 4.44% to 4.64%, product fee £0

[FO33692] 80% LTV, increasing by 20bps from 4.13% to 4.33%, product fee £995

[FO33694] 85% LTV, increasing by 20bps from 4.22% to 4.42%, product fee £995

[FO33695] 85% LTV, increasing by 20bps from 4.49% to 4.69%, product fee £0

[FO33696] 90% LTV, increasing by 20bps from 4.45% to 4.65%, product fee £995

[FO33697] 90% LTV, increasing by 20bps from 4.64% to 4.84%, product fee £0

5 year fixed rate purchase

[FO33678] 60% LTV, increasing by 35bps from 3.87% to 4.22%, product fee £995

[FO33679] 60% LTV, increasing by 35bps from 4.09% to 4.44%, product fee £0

[FO33681] 75% LTV, increasing by 35bps from 4.09% to 4.44%, product fee £0

[FO33680] 75% LTV, increasing by 35bps from 3.89% to 4.24%, product fee £995

[FO33683] 80% LTV, increasing by 35bps from 4.18% to 4.53%, product fee £0

[FO33682] 80% LTV, increasing by 35bps from 3.94% to 4.29%, product fee £995

[FO33685] 85% LTV, increasing by 35bps from 4.19% to 4.54%, product fee £0

[FO33684] 85% LTV, increasing by 35bps from 4.02% to 4.37%, product fee £995

[FO33686] 90% LTV, increasing by 35bps from 4.02% to 4.37%, product fee £995

[FO33687] 90% LTV, increasing by 35bps from 4.20% to 4.55%, product fee £0

5 year fixed rate remortgage

[FO33699] 60% LTV, increasing by 20bps from 4.14% to 4.34%, product fee £0

[FO33698] 60% LTV, increasing by 20bps from 3.88% to 4.08%, product fee £995

[FO33700] 75% LTV, increasing by 20bps from 3.90% to 4.10%, product fee £995

[FO33701] 75% LTV, increasing by 20bps from 4.16% to 4.36%, product fee £0

[FO33702] 80% LTV, increasing by 20bps from 3.93% to 4.13%, product fee £995

[FO33703] 80% LTV, increasing by 20bps from 4.24% to 4.44%, product fee £0

[FO33705] 85% LTV, increasing by 20bps from 4.29% to 4.49%, product fee £0

[FO33704] 85% LTV, increasing by 20bps from 4.02% to 4.22%, product fee £995

[FO33706] 90% LTV, increasing by 20bps from 4.25% to 4.45%, product fee £995

[FO33707] 90% LTV, increasing by 20bps from 4.44% to 4.64%, product fee £0

 

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Tuesday 20th September 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Wednesday 21st September. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email, please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Tuesday 13 September 2022

 

Here’s a full list the changes with product codes in brackets:

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO33592] 60% LTV, increasing by 20bps from 3.65% to 3.85%, product fee £995

[FO33593] 60% LTV, increasing by 15bps from 4.04% to 4.19%, product fee £0

[FO33591] 60% LTV, increasing by 20bps from 3.79% to 3.99%, product fee £495

2 year fixed rate switcher - high value

[FO33616] 60% LTV, increasing by 18bps from 3.59% to 3.77%, product fee £1,495

[FO33617] 75% LTV, increasing by 14bps from 3.63% to 3.77%, product fee £1,495

2 year fixed rate switcher

[FO33595] 75% LTV, increasing by 15bps from 4.04% to 4.19%, product fee £0

[FO33594] 75% LTV, increasing by 16bps from 3.69% to 3.85%, product fee £995

2 year fixed rate switcher - high value

[FO33618] 80% LTV, increasing by 30bps from 3.68% to 3.98%, product fee £1,495

2 year fixed rate switcher

[FO33596] 80% LTV, increasing by 30bps from 3.74% to 4.04%, product fee £995

[FO33597] 80% LTV, increasing by 15bps from 4.09% to 4.24%, product fee £0

2 year fixed rate switcher - high value

[FO33619] 85% LTV, increasing by 30bps from 3.73% to 4.03%, product fee £1,495

2 year fixed rate switcher

[FO33599] 85% LTV, increasing by 15bps from 4.09% to 4.24%, product fee £0

[FO33598] 85% LTV, increasing by 30bps from 3.79% to 4.09%, product fee £995

[FO33601] 90% LTV, increasing by 15bps from 4.24% to 4.39%, product fee £0

[FO33600] 90% LTV, increasing by 18bps from 3.96% to 4.14%, product fee £995

[FO33603] 100% LTV, increasing by 15bps from 4.39% to 4.54%, product fee £0

[FO33602] 100% LTV, increasing by 10bps from 4.19% to 4.29%, product fee £995

5 year fixed rate switcher

[FO33604] 60% LTV, increasing by 11bps from 3.48% to 3.59%, product fee £995

[FO33606] 60% LTV, increasing by 13bps from 3.78% to 3.91%, product fee £0

[FO33605] 60% LTV, increasing by 12bps from 3.63% to 3.75%, product fee £495

5 year fixed rate switcher - high value

[FO33620] 60% LTV, increasing by 11bps from 3.42% to 3.53%, product fee £1,495

5 year fixed rate switcher

[FO33608] 75% LTV, increasing by 13bps from 3.86% to 3.99%, product fee £0

[FO33607] 75% LTV, increasing by 13bps from 3.54% to 3.67%, product fee £995

5 year fixed rate switcher - high value

[FO33621] 75% LTV, increasing by 13bps from 3.48% to 3.61%, product fee £1,495

[FO33622] 80% LTV, increasing by 17bps from 3.54% to 3.71%, product fee £1,495

5 year fixed rate switcher

[FO33610] 80% LTV, increasing by 15bps from 3.94% to 4.09%, product fee £0

[FO33609] 80% LTV, increasing by 17bps from 3.60% to 3.77%, product fee £995

[FO33612] 85% LTV, increasing by 15bps from 3.94% to 4.09%, product fee £0

5 year fixed rate switcher - high value

[FO33623] 85% LTV, increasing by 17bps from 3.54% to 3.71%, product fee £1,495

5 year fixed rate switcher

[FO33611] 85% LTV, increasing by 17bps from 3.60% to 3.77%, product fee £995

[FO33613] 90% LTV, increasing by 13bps from 3.86% to 3.99%, product fee £995

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO33614] 75% LTV, increasing by 5bps from 4.09% to 4.14%, product fee £0

5 year fixed rate switcher

[FO33615] 75% LTV, increasing by 11bps from 3.91% to 4.02%, product fee £0

 

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Monday 12th September 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Tuesday 13th September. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email, please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Tuesday 6 September 2022

 

Here’s a full list the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO33423] 60% LTV, increasing by 60bps from 3.69% to 4.29%, product fee £0

[FO33422] 60% LTV, increasing by 63bps from 3.44% to 4.07%, product fee £995

[FO33425] 75% LTV, increasing by 60bps from 3.69% to 4.29%, product fee £0

[FO33424] 75% LTV, increasing by 60bps from 3.49% to 4.09%, product fee £995

[FO33427] 80% LTV, increasing by 59bps from 3.79% to 4.38%, product fee £0

[FO33426] 80% LTV, increasing by 60bps from 3.54% to 4.14%, product fee £995

[FO33428] 85% LTV, increasing by 63bps from 3.59% to 4.22%, product fee £995

[FO33429] 85% LTV, increasing by 60bps from 3.79% to 4.39%, product fee £0

[FO33430] 90% LTV, increasing by 63bps from 3.59% to 4.22%, product fee £995

[FO33431] 90% LTV, increasing by 55bps from 3.85% to 4.40%, product fee £0

2 year fixed rate remortgage

[FO33443] 60% LTV, increasing by 55bps from 3.79% to 4.34%, product fee £0

[FO33442] 60% LTV, increasing by 65bps from 3.43% to 4.08%, product fee £995

[FO33444] 75% LTV, increasing by 60bps from 3.50% to 4.10%, product fee £995

[FO33445] 75% LTV, increasing by 50bps from 3.86% to 4.36%, product fee £0

[FO33446] 80% LTV, increasing by 60bps from 3.53% to 4.13%, product fee £995

[FO33447] 80% LTV, increasing by 50bps from 3.94% to 4.44%, product fee £0

[FO33448] 85% LTV, increasing by 60bps from 3.62% to 4.22%, product fee £995

[FO33449] 85% LTV, increasing by 54bps from 3.95% to 4.49%, product fee £0

[FO33451] 90% LTV, increasing by 55bps from 4.09% to 4.64%, product fee £0

[FO33450] 90% LTV, increasing by 66bps from 3.79% to 4.45%, product fee £995

5 year fixed rate purchase

[FO33432] 60% LTV, increasing by 25bps from 3.62% to 3.87%, product fee £995

[FO33433] 60% LTV, increasing by 30bps from 3.79% to 4.09%, product fee £0

[FO33434] 75% LTV, increasing by 25bps from 3.64% to 3.89%, product fee £995

[FO33435] 75% LTV, increasing by 30bps from 3.79% to 4.09%, product fee £0

[FO33437] 80% LTV, increasing by 30bps from 3.88% to 4.18%, product fee £0

[FO33436] 80% LTV, increasing by 25bps from 3.69% to 3.94%, product fee £995

[FO33439] 85% LTV, increasing by 30bps from 3.89% to 4.19%, product fee £0

[FO33438] 85% LTV, increasing by 25bps from 3.77% to 4.02%, product fee £995

[FO33441] 90% LTV, increasing by 30bps from 3.90% to 4.20%, product fee £0

[FO33440] 90% LTV, increasing by 25bps from 3.77% to 4.02%, product fee £995

5 year fixed rate remortgage

[FO33452] 60% LTV, increasing by 40bps from 3.48% to 3.88%, product fee £995

[FO33453] 60% LTV, increasing by 30bps from 3.84% to 4.14%, product fee £0

[FO33454] 75% LTV, increasing by 40bps from 3.50% to 3.90%, product fee £995

[FO33455] 75% LTV, increasing by 30bps from 3.86% to 4.16%, product fee £0

[FO33457] 80% LTV, increasing by 30bps from 3.94% to 4.24%, product fee £0

[FO33456] 80% LTV, increasing by 40bps from 3.53% to 3.93%, product fee £995

[FO33459] 85% LTV, increasing by 30bps from 3.99% to 4.29%, product fee £0

[FO33458] 85% LTV, increasing by 40bps from 3.62% to 4.02%, product fee £995

[FO33460] 90% LTV, increasing by 40bps from 3.85% to 4.25%, product fee £995

[FO33461] 90% LTV, increasing by 30bps from 4.14% to 4.44%, product fee £0

New Products

2 year tracker rate purchase

[TO5524] 60% LTV, 3.24%, product fee £0

[TO5523] 60% LTV, 2.45%, product fee £995

[TO5525] 75% LTV, 2.65%, product fee £995

[TO5526] 75% LTV, 3.29%, product fee £0

[TO5527] 80% LTV, 3.04%, product fee £995

[TO5528] 80% LTV, 3.39%, product fee £0

[TO5529] 85% LTV, 3.04%, product fee £995

[TO5530] 85% LTV, 3.39%, product fee £0

[TO5532] 90% LTV, 3.39%, product fee £0

[TO5531] 90% LTV, 3.04%, product fee £995

2 year tracker rate remortgage

[TO5534] 60% LTV, 3.24%, product fee £0

[TO5533] 60% LTV, 2.45%, product fee £995

[TO5535] 75% LTV, 2.70%, product fee £995

[TO5536] 75% LTV, 3.29%, product fee £0

[TO5537] 80% LTV, 3.24%, product fee £995

[TO5538] 80% LTV, 3.54%, product fee £0

[TO5539] 85% LTV, 3.24%, product fee £995

[TO5540] 85% LTV, 3.54%, product fee £0

[TO5541] 90% LTV, 3.24%, product fee £995

[TO5542] 90% LTV, 3.54%, product fee £0

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO33462] 85% LTV, increasing by 45bps from 3.82% to 4.27%, product fee £995, cashback £1,000

[FO33463] 85% LTV, increasing by 55bps from 4.09% to 4.64%, product fee £0, cashback £1,000

[FO33464] 90% LTV, increasing by 50bps from 3.89% to 4.39%, product fee £995, cashback £1,000

[FO33465] 90% LTV, increasing by 50bps from 4.24% to 4.74%, product fee £0, cashback £1,000

5 year fixed rate purchase

[FO33467] 85% LTV, increasing by 30bps from 4.14% to 4.44%, product fee £0, cashback £1,000

[FO33466] 85% LTV, increasing by 25bps from 3.82% to 4.07%, product fee £995, cashback £1,000

[FO33469] 90% LTV, increasing by 30bps from 4.24% to 4.54%, product fee £0, cashback £1,000

[FO33468] 90% LTV, increasing by 25bps from 3.94% to 4.19%, product fee £995, cashback £1,000

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO33471] 60% LTV, increasing by 60bps from 3.89% to 4.49%, product fee £0

[FO33470] 60% LTV, increasing by 63bps from 3.64% to 4.27%, product fee £995, cashback £250

[FO33473] 75% LTV, increasing by 60bps from 3.89% to 4.49%, product fee £0

[FO33472] 75% LTV, increasing by 60bps from 3.69% to 4.29%, product fee £995, cashback £250

5 year fixed rate purchase

[FO33474] 60% LTV, increasing by 38bps from 3.69% to 4.07%, product fee £995, cashback £250

[FO33475] 60% LTV, increasing by 40bps from 3.89% to 4.29%, product fee £0

[FO33477] 75% LTV, increasing by 40bps from 3.89% to 4.29%, product fee £0

[FO33476] 75% LTV, increasing by 35bps from 3.74% to 4.09%, product fee £995, cashback £250

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate purchase

[FO33479] 60% LTV, increasing by 60bps from 3.89% to 4.49%, product fee £0

[FO33478] 60% LTV, increasing by 63bps from 3.64% to 4.27%, product fee £995, cashback £250

[FO33481] 75% LTV, increasing by 60bps from 3.89% to 4.49%, product fee £0

[FO33480] 75% LTV, increasing by 60bps from 3.69% to 4.29%, product fee £995, cashback £250

2 year fixed rate remortgage

[FO33486] 60% LTV, increasing by 79bps from 3.49% to 4.28%, product fee £995, cashback £500

[FO33487] 60% LTV, increasing by 75bps from 3.79% to 4.54%, product fee £0

[FO33489] 75% LTV, increasing by 72bps from 3.84% to 4.56%, product fee £0

[FO33488] 75% LTV, increasing by 71bps from 3.59% to 4.30%, product fee £995, cashback £500

5 year fixed rate purchase

[FO33482] 60% LTV, increasing by 38bps from 3.69% to 4.07%, product fee £995, cashback £250

[FO33483] 60% LTV, increasing by 40bps from 3.89% to 4.29%, product fee £0

[FO33485] 75% LTV, increasing by 40bps from 3.89% to 4.29%, product fee £0

[FO33484] 75% LTV, increasing by 35bps from 3.74% to 4.09%, product fee £995, cashback £250

5 year fixed rate remortgage

[FO33490] 60% LTV, increasing by 59bps from 3.49% to 4.08%, product fee £995, cashback £500

[FO33491] 60% LTV, increasing by 55bps from 3.79% to 4.34%, product fee £0

[FO33492] 75% LTV, increasing by 51bps from 3.59% to 4.10%, product fee £995, cashback £500

[FO33493] 75% LTV, increasing by 52bps from 3.84% to 4.36%, product fee £0

 

Mortgage Guarantee

Residential

Rate Changes

2 year fixed rate purchase

[FO33524] 95% LTV, increasing by 51bps from 4.28% to 4.79%, product fee £0, cashback £750

5 year fixed rate purchase

[FO33525] 95% LTV, increasing by 30bps from 4.29% to 4.59%, product fee £0, cashback £750

 

BTL Range

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO33503] 60% LTV, increasing by 60bps from 3.74% to 4.34%, product fee £0

[FO33494] 60% LTV, increasing by 60bps from 3.29% to 3.89%, product fee £1,495

[FO33502] 60% LTV, increasing by 60bps from 3.49% to 4.09%, product fee £995

[FO33505] 75% LTV, increasing by 60bps from 3.74% to 4.34%, product fee £0

[FO33495] 75% LTV, increasing by 60bps from 3.34% to 3.94%, product fee £1,495

[FO33504] 75% LTV, increasing by 60bps from 3.54% to 4.14%, product fee £995

2 year fixed rate remortgage

[FO33510] 60% LTV, increasing by 75bps from 3.34% to 4.09%, product fee £995

[FO33511] 60% LTV, increasing by 75bps from 3.64% to 4.39%, product fee £0

[FO33498] 60% LTV, increasing by 71bps from 3.24% to 3.95%, product fee £1,495

[FO33499] 75% LTV, increasing by 70bps from 3.34% to 4.04%, product fee £1,495

[FO33513] 75% LTV, increasing by 75bps from 3.74% to 4.49%, product fee £0

[FO33512] 75% LTV, increasing by 70bps from 3.44% to 4.14%, product fee £995

5 year fixed rate purchase

[FO33496] 60% LTV, increasing by 25bps from 3.44% to 3.69%, product fee £1,495

[FO33506] 60% LTV, increasing by 25bps from 3.64% to 3.89%, product fee £995

[FO33507] 60% LTV, increasing by 30bps from 3.84% to 4.14%, product fee £0

[FO33508] 75% LTV, increasing by 25bps from 3.69% to 3.94%, product fee £995

[FO33497] 75% LTV, increasing by 25bps from 3.49% to 3.74%, product fee £1,495

[FO33509] 75% LTV, increasing by 30bps from 3.84% to 4.14%, product fee £0

5 year fixed rate remortgage

[FO33500] 60% LTV, increasing by 40bps from 3.35% to 3.75%, product fee £1,495

[FO33515] 60% LTV, increasing by 55bps from 3.64% to 4.19%, product fee £0

[FO33514] 60% LTV, increasing by 45bps from 3.44% to 3.89%, product fee £995

[FO33501] 75% LTV, increasing by 40bps from 3.44% to 3.84%, product fee £1,495

[FO33517] 75% LTV, increasing by 55bps from 3.74% to 4.29%, product fee £0

[FO33516] 75% LTV, increasing by 40bps from 3.54% to 3.94%, product fee £995

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO33518] 60% LTV, increasing by 68bps from 3.29% to 3.97%, product fee £995

[FO33519] 75% LTV, increasing by 65bps from 3.34% to 3.99%, product fee £995

[FO33520] 85% LTV, increasing by 68bps from 3.44% to 4.12%, product fee £995

2 year fixed rate remortgage

[FO33526] 60% LTV, increasing by 69bps from 3.29% to 3.98%, product fee £995

[FO33527] 75% LTV, increasing by 65bps from 3.35% to 4.00%, product fee £995

[FO33528] 85% LTV, increasing by 65bps from 3.47% to 4.12%, product fee £995

5 year fixed rate purchase

[FO33521] 60% LTV, increasing by 30bps from 3.47% to 3.77%, product fee £995

[FO33522] 75% LTV, increasing by 30bps from 3.49% to 3.79%, product fee £995

[FO33523] 85% LTV, increasing by 30bps from 3.62% to 3.92%, product fee £995

5 year fixed rate remortgage

[FO33529] 60% LTV, increasing by 43bps from 3.35% to 3.78%, product fee £995

[FO33530] 75% LTV, increasing by 45bps from 3.35% to 3.80%, product fee £995

[FO33531] 85% LTV, increasing by 44bps from 3.48% to 3.92%, product fee £995

 

BTL Green Mortgages

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO33532] 65% LTV, increasing by 65bps from 3.34% to 3.99%, product fee £995

[FO33533] 75% LTV, increasing by 65bps from 3.39% to 4.04%, product fee £995

2 year fixed rate remortgage

[FO33536] 65% LTV, increasing by 80bps from 3.19% to 3.99%, product fee £995

[FO33537] 75% LTV, increasing by 75bps from 3.29% to 4.04%, product fee £995

5 year fixed rate purchase

[FO33534] 65% LTV, increasing by 30bps from 3.49% to 3.79%, product fee £995

[FO33535] 75% LTV, increasing by 30bps from 3.54% to 3.84%, product fee £995

5 year fixed rate remortgage

[FO33538] 65% LTV, increasing by 49bps from 3.30% to 3.79%, product fee £995

[FO33539] 75% LTV, increasing by 45bps from 3.39% to 3.84%, product fee £995

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO33540] 60% LTV, increasing by 31bps from 3.34% to 3.65%, product fee £995

2 year fixed rate switcher - high value

[FO33572] 60% LTV, increasing by 31bps from 3.28% to 3.59%, product fee £1,495

2 year fixed rate switcher

[FO33541] 60% LTV, increasing by 37bps from 3.42% to 3.79%, product fee £495

[FO33542] 60% LTV, increasing by 50bps from 3.54% to 4.04%, product fee £0

[FO33544] 75% LTV, increasing by 39bps from 3.65% to 4.04%, product fee £0

2 year fixed rate switcher - high value

[FO33573] 75% LTV, increasing by 28bps from 3.35% to 3.63%, product fee £1,495

2 year fixed rate switcher

[FO33543] 75% LTV, increasing by 28bps from 3.41% to 3.69%, product fee £995

2 year fixed rate switcher - high value

[FO33574] 80% LTV, increasing by 25bps from 3.43% to 3.68%, product fee £1,495

2 year fixed rate switcher

[FO33546] 80% LTV, increasing by 39bps from 3.70% to 4.09%, product fee £0

[FO33545] 80% LTV, increasing by 25bps from 3.49% to 3.74%, product fee £995

[FO33548] 85% LTV, increasing by 35bps from 3.74% to 4.09%, product fee £0

2 year fixed rate switcher - high value

[FO33575] 85% LTV, increasing by 30bps from 3.43% to 3.73%, product fee £1,495

2 year fixed rate switcher

[FO33547] 85% LTV, increasing by 30bps from 3.49% to 3.79%, product fee £995

[FO33550] 90% LTV, increasing by 15bps from 4.09% to 4.24%, product fee £0

[FO33549] 90% LTV, increasing by 22bps from 3.74% to 3.96%, product fee £995

[FO33552] 100% LTV, increasing by 10bps from 4.29% to 4.39%, product fee £0

[FO33551] 100% LTV, increasing by 20bps from 3.99% to 4.19%, product fee £995

5 year fixed rate switcher

[FO33553] 60% LTV, increasing by 14bps from 3.34% to 3.48%, product fee £995

[FO33554] 60% LTV, increasing by 21bps from 3.42% to 3.63%, product fee £495

5 year fixed rate switcher - high value

[FO33576] 60% LTV, increasing by 14bps from 3.28% to 3.42%, product fee £1,495

5 year fixed rate switcher

[FO33555] 60% LTV, increasing by 24bps from 3.54% to 3.78%, product fee £0

5 year fixed rate switcher - high value

[FO33577] 75% LTV, increasing by 13bps from 3.35% to 3.48%, product fee £1,495

5 year fixed rate switcher

[FO33557] 75% LTV, increasing by 21bps from 3.65% to 3.86%, product fee £0

[FO33556] 75% LTV, increasing by 13bps from 3.41% to 3.54%, product fee £995

5 year fixed rate switcher - high value

[FO33578] 80% LTV, increasing by 9bps from 3.45% to 3.54%, product fee £1,495

5 year fixed rate switcher

[FO33559] 80% LTV, increasing by 24bps from 3.70% to 3.94%, product fee £0

[FO33558] 80% LTV, increasing by 9bps from 3.51% to 3.60%, product fee £995

5 year fixed rate switcher - high value

[FO33579] 85% LTV, increasing by 4bps from 3.50% to 3.54%, product fee £1,495

5 year fixed rate switcher

[FO33561] 85% LTV, increasing by 20bps from 3.74% to 3.94%, product fee £0

[FO33560] 85% LTV, increasing by 4bps from 3.56% to 3.60%, product fee £995

[FO33588] 90% LTV, increasing by 1bps from 3.85% to 3.86%, product fee £995

[FO33562] 90% LTV, increasing by 5bps from 4.14% to 4.19%, product fee £0

New Products

2 year tracker rate switcher

[TO5543] 60% LTV, 2.50%, product fee £995

[TO5544] 60% LTV, 3.24%, product fee £0

[TO5545] 75% LTV, 2.70%, product fee £995

[TO5546] 75% LTV, 3.29%, product fee £0

[TO5547] 80% LTV, 3.24%, product fee £995

[TO5548] 80% LTV, 3.54%, product fee £0

[TO5550] 85% LTV, 3.54%, product fee £0

[TO5549] 85% LTV, 3.24%, product fee £995

[TO5552] 90% LTV, 3.54%, product fee £0

[TO5551] 90% LTV, 3.24%, product fee £995

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO33564] 60% LTV, increasing by 40bps from 3.69% to 4.09%, product fee £0

[FO33563] 60% LTV, increasing by 31bps from 3.39% to 3.70%, product fee £995

[FO33566] 75% LTV, increasing by 30bps from 3.79% to 4.09%, product fee £0

[FO33565] 75% LTV, increasing by 30bps from 3.44% to 3.74%, product fee £995

[FO33567] 90% LTV, increasing by 16bps from 4.19% to 4.35%, product fee £0

5 year fixed rate switcher

[FO33569] 60% LTV, increasing by 14bps from 3.69% to 3.83%, product fee £0

[FO33568] 60% LTV, increasing by 5bps from 3.49% to 3.54%, product fee £995

[FO33571] 75% LTV, increasing by 12bps from 3.79% to 3.91%, product fee £0

[FO33570] 75% LTV, increasing by 5bps from 3.54% to 3.59%, product fee £995

 

 

End dates

 

2 Year Term End Dates Moving from 31 December 2024 to 31 January 2025

5 Year Term End Dates Moving from 31 December 2027 to 31 January 2028

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Monday 5th September 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must email your BDM by midday on Tuesday 6th September 2022. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

 

From Monday 22^nd August the Standard Variable Rates (SVRs) for our residential and Buy to Let mortgages will be changing in response to the increase in the Bank of England’s Base Rate.

 

This means that the SVR for all new residential and Buy to Let mortgage deals will be 4.99%.

 

Customers who have currently applied for, or are on a fixed rate deal, will move on to the new SVR at the end of their current product term.

 

All product codes will remain unchanged. For a complete listing of all our mortgage products, please visit the product page on our website.

Effective immediately we’re implementing a range of changes to our lending policy including enhancements to our Loan to Income (LTI) parameters.

 

What’s changing?

 

Loan to Income (LTI)

For Capital and Interest mortgages up to 75% LTV, we’ve increased our maximum LTI multiple to 5.5x income for a single applicant earning over £75,000 or joint applicants earning over £100,000 combined.

 

Loan to Value (LTV) Increase

For New Build Buy to Let applications for both houses and flats we’ve increased our LTVs criteria. The maximum LTV is increasing from 65% to 75% for New Build Buy to Let properties.

 

Residential Maximum Loans

We’re increasing maximum loan sizes for most LTV bands. This change could increase the maximum loan amount your customers are able to borrow.

 

LTV/Max Loan amounts
New Customer C&I LTV	New Customer C&I Max loan	New customer IO LTV	New customer IO Max loan
60%	Unlimited	60%	Unlimited
75%	Less than or equal to £7.5m	75%	Less than or equal to £7.5m
80%	Less than or equal to £2.55m	80%	N/A
85%	Less than or equal to £2.55m	85%	N/A
90%	Less than or equal to £750k	90%	N/A
95%	Less than or equal to £570k	95%	N/A
All Buy to Let 75%

 

Buy to Let

We’ve changed our Buy to Let 5-year stress rate from 4.5% to 4.75% and our Buy to Let Like for Like remortgage stress rate from 4.5% to 4.75%.

 

Transitional Arrangements

The new LTI increases come into effect now for all new and pipeline cases.

The Buy to Let changes, (both new build LTV increase and the increased 5 year stress rate), will come into effect from 18th August, into effect from 18th August, and any DIPs or FMA’s submitted before this date will have the previous values applied, as they were at the original submission. For example, a DIP completed on or before 17th August on a BTL 5 year product will have the 4.5% stress rate, with the new stress rate of 4.75% being used from the 18th August onwards.

The same principle applies to the new max loan amounts, although the effective date is on and after the 8th August. Anything before that date will have the previous max loan values applied. Anything before that date will have the previous max loan values applied.

 

For more information

• We’ve updated our Buy to Let and New Build hubs, as well as our A-Z of Lending Criteria page

 

Effective from Thursday 18 August 2022

 

Here’s a full list the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate remortgage

[FO33128] 60% LTV, increasing by 14bps from 3.29% to 3.43%, product fee £995

[FO33129] 60% LTV, increasing by 20bps from 3.59% to 3.79%, product fee £0

[FO33131] 75% LTV, increasing by 22bps from 3.64% to 3.86%, product fee £0

[FO33130] 75% LTV, increasing by 11bps from 3.39% to 3.50%, product fee £995

[FO33132] 80% LTV, increasing by 9bps from 3.44% to 3.53%, product fee £995

[FO33133] 80% LTV, increasing by 20bps from 3.74% to 3.94%, product fee £0

[FO33135] 85% LTV, increasing by 21bps from 3.74% to 3.95%, product fee £0

[FO33134] 85% LTV, increasing by 13bps from 3.49% to 3.62%, product fee £995

[FO33137] 90% LTV, increasing by 20bps from 3.89% to 4.09%, product fee £0

[FO33136] 90% LTV, increasing by 25bps from 3.54% to 3.79%, product fee £995

5 year fixed rate remortgage

[FO33138] 60% LTV, increasing by 19bps from 3.29% to 3.48%, product fee £995

[FO33139] 60% LTV, increasing by 25bps from 3.59% to 3.84%, product fee £0

[FO33140] 75% LTV, increasing by 11bps from 3.39% to 3.50%, product fee £995

[FO33141] 75% LTV, increasing by 22bps from 3.64% to 3.86%, product fee £0

[FO33142] 80% LTV, increasing by 9bps from 3.44% to 3.53%, product fee £995

[FO33143] 80% LTV, increasing by 20bps from 3.74% to 3.94%, product fee £0

[FO33144] 85% LTV, increasing by 13bps from 3.49% to 3.62%, product fee £995

[FO33145] 85% LTV, increasing by 25bps from 3.74% to 3.99%, product fee £0

[FO33146] 90% LTV, increasing by 26bps from 3.59% to 3.85%, product fee £995

[FO33147] 90% LTV, increasing by 20bps from 3.94% to 4.14%, product fee £0

New Products

2 year fixed rate purchase

[FO33218] 60% LTV, 3.69%, product fee £0

[FO33217] 60% LTV, 3.44%, product fee £995

[FO33220] 75% LTV, 3.69%, product fee £0

[FO33219] 75% LTV, 3.49%, product fee £995

[FO33222] 80% LTV, 3.79%, product fee £0

[FO33221] 80% LTV, 3.54%, product fee £995

[FO33224] 85% LTV, 3.79%, product fee £0

[FO33223] 85% LTV, 3.59%, product fee £995

[FO33225] 90% LTV, 3.59%, product fee £995

[FO33226] 90% LTV, 3.85%, product fee £0

5 year fixed rate purchase

[FO33228] 60% LTV, 3.79%, product fee £0

[FO33227] 60% LTV, 3.62%, product fee £995

[FO33229] 75% LTV, 3.64%, product fee £995

[FO33230] 75% LTV, 3.79%, product fee £0

[FO33231] 80% LTV, 3.69%, product fee £995

[FO33232] 80% LTV, 3.88%, product fee £0

[FO33234] 85% LTV, 3.89%, product fee £0

[FO33233] 85% LTV, 3.77%, product fee £995

[FO33236] 90% LTV, 3.90%, product fee £0

[FO33235] 90% LTV, 3.77%, product fee £995

Withdrawn

2 year fixed rate purchase

[FO32727] 60% LTV, 3.69%, product fee £0

[FO32726] 60% LTV, 3.44%, product fee £995

[FO32728] 75% LTV, 3.49%, product fee £995

[FO32729] 75% LTV, 3.69%, product fee £0

[FO32731] 80% LTV, 3.79%, product fee £0

[FO32730] 80% LTV, 3.54%, product fee £995

[FO32732] 85% LTV, 3.59%, product fee £995

[FO32733] 85% LTV, 3.79%, product fee £0

[FO32735] 90% LTV, 3.85%, product fee £0

[FO32734] 90% LTV, 3.59%, product fee £995

5 year fixed rate purchase

[FO33001] 60% LTV, 3.49%, product fee £995

[FO33008] 60% LTV, 3.69%, product fee £0

[FO33011] 75% LTV, 3.54%, product fee £995

[FO32994] 75% LTV, 3.69%, product fee £0

[FO33016] 80% LTV, 3.59%, product fee £995

[FO32996] 80% LTV, 3.79%, product fee £0

[FO32995] 85% LTV, 3.64%, product fee £995

[FO32997] 85% LTV, 3.79%, product fee £0

[FO32998] 90% LTV, 3.85%, product fee £0

[FO33006] 90% LTV, 3.64%, product fee £995

 

First Time Buyer

Residential

New Products

2 year fixed rate purchase

[FO33237] 85% LTV, 3.82%, product fee £995, cashback £1,000

[FO33238] 85% LTV, 4.09%, product fee £0, cashback £1,000

[FO33240] 90% LTV, 4.24%, product fee £0, cashback £1,000

[FO33239] 90% LTV, 3.89%, product fee £995, cashback £1,000

5 year fixed rate purchase

[FO33242] 85% LTV, 4.14%, product fee £0, cashback £1,000

[FO33241] 85% LTV, 3.82%, product fee £995, cashback £1,000

[FO33243] 90% LTV, 3.94%, product fee £995, cashback £1,000

[FO33244] 90% LTV, 4.24%, product fee £0, cashback £1,000

Withdrawn

2 year fixed rate purchase

[FO32756] 85% LTV, 3.69%, product fee £995, cashback £1,000

[FO33007] 85% LTV, 3.99%, product fee £0, cashback £1,000

[FO32757] 90% LTV, 3.74%, product fee £995, cashback £1,000

[FO33003] 90% LTV, 4.09%, product fee £0, cashback £1,000

5 year fixed rate purchase

[FO33014] 85% LTV, 3.69%, product fee £995, cashback £1,000

[FO33004] 85% LTV, 4.04%, product fee £0, cashback £1,000

[FO33015] 90% LTV, 3.79%, product fee £995, cashback £1,000

[FO33005] 90% LTV, 4.14%, product fee £0, cashback £1,000

 

Mortgage Guarantee

Residential

Rate Changes

2 year fixed rate purchase

[FO33156] 95% LTV, increasing by 10bps from 4.18% to 4.28%, product fee £0, cashback £750

5 year fixed rate purchase

[FO33157] 95% LTV, increasing by 10bps from 4.19% to 4.29%, product fee £0, cashback £750

 

BTL Range

Buy To Let

Rate Changes

2 year fixed rate remortgage

[FO33177] 60% LTV, increasing by 10bps from 3.14% to 3.24%, product fee £1,495

[FO33179] 60% LTV, increasing by 10bps from 3.25% to 3.35%, product fee £1,495

[FO33178] 75% LTV, increasing by 10bps from 3.24% to 3.34%, product fee £1,495

 

5 year fixed rate purchase

[FO33158] 60% LTV, increasing by 10bps from 3.54% to 3.64%, product fee £995

[FO33159] 60% LTV, increasing by 10bps from 3.74% to 3.84%, product fee £0

[FO33160] 75% LTV, increasing by 10bps from 3.59% to 3.69%, product fee £995

[FO33161] 75% LTV, increasing by 10bps from 3.74% to 3.84%, product fee £0

5 year fixed rate remortgage

[FO33215] 60% LTV, increasing by 10bps from 3.34% to 3.44%, product fee £995

[FO33216] 75% LTV, increasing by 10bps from 3.44% to 3.54%, product fee £995

[FO33180] 75% LTV, increasing by 10bps from 3.34% to 3.44%, product fee £1,495

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate remortgage

[FO33167] 60% LTV, increasing by 14bps from 3.15% to 3.29%, product fee £995

[FO33168] 75% LTV, increasing by 11bps from 3.24% to 3.35%, product fee £995

[FO33169] 85% LTV, increasing by 13bps from 3.34% to 3.47%, product fee £995

5 year fixed rate remortgage

[FO33170] 60% LTV, increasing by 19bps from 3.16% to 3.35%, product fee £995

[FO33171] 75% LTV, increasing by 11bps from 3.24% to 3.35%, product fee £995

[FO33172] 85% LTV, increasing by 13bps from 3.35% to 3.48%, product fee £995

New Products

2 year fixed rate purchase

[FO33245] 60% LTV, 3.29%, product fee £995

[FO33246] 75% LTV, 3.34%, product fee £995

[FO33247] 85% LTV, 3.44%, product fee £995

5 year fixed rate purchase

[FO33248] 60% LTV, 3.47%, product fee £995

[FO33249] 75% LTV, 3.49%, product fee £995

[FO33250] 85% LTV, 3.62%, product fee £995

Withdrawn

2 year fixed rate purchase

[FO32798] 60% LTV, 3.29%, product fee £995

[FO32799] 75% LTV, 3.34%, product fee £995

[FO32800] 85% LTV, 3.44%, product fee £995

 

5 year fixed rate purchase

[FO32801] 60% LTV, 3.34%, product fee £995

[FO32802] 75% LTV, 3.39%, product fee £995

[FO32803] 85% LTV, 3.49%, product fee £995

 

BTL Green Mortgages

Buy To Let

Rate Changes

5 year fixed rate purchase

[FO33173] 65% LTV, increasing by 10bps from 3.39% to 3.49%, product fee £995

[FO33174] 75% LTV, increasing by 10bps from 3.44% to 3.54%, product fee £995

5 year fixed rate remortgage

[FO33175] 65% LTV, increasing by 10bps from 3.20% to 3.30%, product fee £995

[FO33176] 75% LTV, increasing by 10bps from 3.29% to 3.39%, product fee £995

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher - high value

[FO33207] 60% LTV, increasing by 5bps from 3.23% to 3.28%, product fee £1,495

2 year fixed rate switcher

[FO33182] 60% LTV, increasing by 5bps from 3.29% to 3.34%, product fee £995

[FO33181] 60% LTV, increasing by 4bps from 3.38% to 3.42%, product fee £495

2 year fixed rate switcher - high value

[FO33208] 75% LTV, increasing by 6bps from 3.29% to 3.35%, product fee £1,495

2 year fixed rate switcher

[FO33184] 75% LTV, increasing by 5bps from 3.60% to 3.65%, product fee £0

[FO33183] 75% LTV, increasing by 6bps from 3.35% to 3.41%, product fee £995

[FO33185] 80% LTV, increasing by 5bps from 3.44% to 3.49%, product fee £995

2 year fixed rate switcher - high value

[FO33209] 80% LTV, increasing by 5bps from 3.38% to 3.43%, product fee £1,495

[FO33210] 85% LTV, increasing by 5bps from 3.38% to 3.43%, product fee £1,495

2 year fixed rate switcher

[FO33186] 85% LTV, increasing by 5bps from 3.44% to 3.49%, product fee £995

[FO33188] 90% LTV, increasing by 20bps from 3.89% to 4.09%, product fee £0

[FO33187] 90% LTV, increasing by 20bps from 3.54% to 3.74%, product fee £995

[FO33190] 100% LTV, increasing by 15bps from 4.14% to 4.29%, product fee £0

[FO33189] 100% LTV, increasing by 30bps from 3.69% to 3.99%, product fee £995

5 year fixed rate switcher

[FO33191] 60% LTV, increasing by 4bps from 3.38% to 3.42%, product fee £495

5 year fixed rate switcher - high value

[FO33211] 60% LTV, increasing by 5bps from 3.23% to 3.28%, product fee £1,495

5 year fixed rate switcher

[FO33192] 60% LTV, increasing by 5bps from 3.29% to 3.34%, product fee £995

[FO33194] 75% LTV, increasing by 5bps from 3.60% to 3.65%, product fee £0

[FO33193] 75% LTV, increasing by 6bps from 3.35% to 3.41%, product fee £995

5 year fixed rate switcher - high value

[FO33212] 75% LTV, increasing by 6bps from 3.29% to 3.35%, product fee £1,495

5 year fixed rate switcher

[FO33195] 80% LTV, increasing by 7bps from 3.44% to 3.51%, product fee £995

5 year fixed rate switcher - high value

[FO33213] 80% LTV, increasing by 7bps from 3.38% to 3.45%, product fee £1,495

5 year fixed rate switcher

[FO33196] 85% LTV, increasing by 7bps from 3.49% to 3.56%, product fee £995

5 year fixed rate switcher - high value

[FO33214] 85% LTV, increasing by 7bps from 3.43% to 3.50%, product fee £1,495

5 year fixed rate switcher

[FO33198] 90% LTV, increasing by 25bps from 3.89% to 4.14%, product fee £0

[FO33197] 90% LTV, increasing by 18bps from 3.67% to 3.85%, product fee £995

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO33200] 60% LTV, increasing by 5bps from 3.64% to 3.69%, product fee £0

[FO33199] 60% LTV, increasing by 9bps from 3.30% to 3.39%, product fee £995

[FO33202] 75% LTV, increasing by 10bps from 3.69% to 3.79%, product fee £0

[FO33201] 75% LTV, increasing by 5bps from 3.39% to 3.44%, product fee £995

[FO33203] 90% LTV, increasing by 10bps from 4.09% to 4.19%, product fee £0

5 year fixed rate switcher

[FO33204] 60% LTV, increasing by 10bps from 3.39% to 3.49%, product fee £995

[FO33206] 75% LTV, increasing by 5bps from 3.74% to 3.79%, product fee £0

[FO33205] 75% LTV, increasing by 5bps from 3.49% to 3.54%, product fee £995

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 17th August 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must e-mail your BDM by midday on Thursday 18th August 2022. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

As part of our climate commitments, we are pleased to announce the expansion of our Green Mortgage eligibility criteria to include some new build developers.

 

What is changing?

Our Green Mortgage range offers new and existing customers a preferential interest rate for having an energy performance certificate (EPC) rating of A or B.

From Monday 8th August customers of the following builders can access a preferential rate from our Green Mortgage range without an EPC. This is for Intermediary customers only and is available in conjunction with eight new build developers.

These builders are:

·         Barratt Homes

·         Berkeley Group

·         Crest Nicholson

·         L&Q

·         Keepmoat Homes

·         Galliard Homes

·         Bellway

·         CALA Homes

This also includes any subsidiaries of these companies.

How does this work?

·         You do not need to provide any additional documentation to evidence the properties new build developer. LGSS will complete the new build developer section of the valuation report and when we receive this, we can see if they are approved or not

·         If an EPC can be collected from the new build site and is found to be less than an EPC of a B at the time of application (the valuation stage), the customer will not be eligible for the Green Mortgage product. We will however let your customers choose a product they would have been eligible for at the time they submitted the application

·         You can continue to recommend Green Mortgages for properties from non-approved new build developers where they have the appropriate EPC rating (A or B) which must be evidenced on the GOV register

For more information

·         Please visit the Products page

·         For further information on our Green Mortgages please click here

·         To see how these changes link into our climate ambitions and purpose, click here

We are making some changes to our income and packaging requirements; this is to ensure we process applications for customers wishing to utilise additional incomes such as overtime efficiently and to help to reduce the timescales to provide a mortgage offer. 

What’s changing?

Payslips

From the 8th August, we will require 3 months most recent payslips for all employed customers.

Proof of deposit

From the 15th August, where your customers are using savings/investments to fund a property purchase we require evidence of the funds. Where the deposit is a gift of funds you must provide a gifted deposit letter.

Foreign national customers are required to pay their deposit from their own funds, this means they cannot use a gifted deposit, and the customer’s visa must have at least 6 months remaining.

How does this work

-      Please ensure you consult our Income and Packaging Guide prior to submission, for details of all incomes accepted and the documents needed to support your customers application

-      Underwriting of the mortgage application can only begin once we have all documents required, if we need to request further information for your customer’s application, this will extend our underwriting timescales

For more information

-      Look at our Income and Packaging Guide

-      You can stay up to date with our service levels here

With effect from 8th August, we’re delighted to announce improvements to our valuation journey.

These changes will remove delays from the valuation journey for our high value customers and support all customers in arranging their own survey.

How does this work?

-      Customers with a purchase price or estimated valuation up to and including £3million will have their mortgage valuation instructed upon receipt of your application.

-      Where the purchase price or estimated valuation exceeds £3million we will continue to contact you prior to the valuation instruction.

Know your property changes

-      At the same time, we will be removing the Know Your Property disclaimer that you have been acknowledging on behalf of your customer.

-      Guidance on how your client can arrange their own survey will now be provided online including contact details for them to discuss survey options direct with Legal & General Surveying Services.

For more information

We have updated our A-Z of Lending Criteria to reflect these changes.

Thanks for your continued support. 

Effective from Wednesday 3 August 2022

 

Here’s a full list the changes with product codes in brackets:

New Business

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO32727] 60% LTV, increasing by 14bps from 3.55% to 3.69%, product fee £0

[FO32726] 60% LTV, increasing by 9bps from 3.35% to 3.44%, product fee £995

[FO32729] 75% LTV, increasing by 14bps from 3.55% to 3.69%, product fee £0

[FO32728] 75% LTV, increasing by 13bps from 3.36% to 3.49%, product fee £995

[FO32731] 80% LTV, increasing by 20bps from 3.59% to 3.79%, product fee £0

[FO32730] 80% LTV, increasing by 14bps from 3.40% to 3.54%, product fee £995

[FO32733] 85% LTV, increasing by 15bps from 3.64% to 3.79%, product fee £0

[FO32732] 85% LTV, increasing by 19bps from 3.40% to 3.59%, product fee £995

[FO32735] 90% LTV, increasing by 16bps from 3.69% to 3.85%, product fee £0

[FO32734] 90% LTV, increasing by 18bps from 3.41% to 3.59%, product fee £995

2 year fixed rate remortgage

[FO32737] 60% LTV, increasing by 4bps from 3.55% to 3.59%, product fee £0

[FO32736] 60% LTV, increasing by 4bps from 3.25% to 3.29%, product fee £995

[FO32739] 75% LTV, increasing by 4bps from 3.60% to 3.64%, product fee £0

[FO32738] 75% LTV, increasing by 8bps from 3.31% to 3.39%, product fee £995

[FO32741] 80% LTV, increasing by 9bps from 3.65% to 3.74%, product fee £0

[FO32740] 80% LTV, increasing by 8bps from 3.36% to 3.44%, product fee £995

[FO32742] 85% LTV, increasing by 10bps from 3.39% to 3.49%, product fee £995

[FO32743] 85% LTV, increasing by 4bps from 3.70% to 3.74%, product fee £0

[FO32745] 90% LTV, increasing by 10bps from 3.79% to 3.89%, product fee £0

[FO32744] 90% LTV, increasing by 10bps from 3.44% to 3.54%, product fee £995

5 year fixed rate remortgage

[FO32746] 60% LTV, increasing by 3bps from 3.26% to 3.29%, product fee £995

[FO32747] 60% LTV, increasing by 3bps from 3.56% to 3.59%, product fee £0

[FO32749] 75% LTV, increasing by 3bps from 3.61% to 3.64%, product fee £0

[FO32748] 75% LTV, increasing by 7bps from 3.32% to 3.39%, product fee £995

[FO32751] 80% LTV, increasing by 8bps from 3.66% to 3.74%, product fee £0

[FO32750] 80% LTV, increasing by 4bps from 3.40% to 3.44%, product fee £995

[FO32753] 85% LTV, increasing by 3bps from 3.71% to 3.74%, product fee £0

[FO32752] 85% LTV, increasing by 4bps from 3.45% to 3.49%, product fee £995

[FO32754] 90% LTV, increasing by 4bps from 3.55% to 3.59%, product fee £995

[FO32755] 90% LTV, increasing by 10bps from 3.84% to 3.94%, product fee £0

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO32756] 85% LTV, increasing by 15bps from 3.54% to 3.69%, product fee £995, cashback £1,000

[FO32757] 90% LTV, increasing by 16bps from 3.58% to 3.74%, product fee £995, cashback £1,000

 

Shared Equity

Residential

Rate Changes

2 year fixed rate purchase

[FO32758] 60% LTV, increasing by 9bps from 3.55% to 3.64%, product fee £995, cashback £250

[FO32759] 60% LTV, increasing by 14bps from 3.75% to 3.89%, product fee £0

[FO32760] 75% LTV, increasing by 13bps from 3.56% to 3.69%, product fee £995, cashback £250

[FO32761] 75% LTV, increasing by 14bps from 3.75% to 3.89%, product fee £0

5 year fixed rate purchase

[FO32762] 60% LTV, increasing by 13bps from 3.56% to 3.69%, product fee £995, cashback £250

[FO32763] 60% LTV, increasing by 13bps from 3.76% to 3.89%, product fee £0

[FO32765] 75% LTV, increasing by 13bps from 3.76% to 3.89%, product fee £0

[FO32764] 75% LTV, increasing by 17bps from 3.57% to 3.74%, product fee £995, cashback £250

 

Help to Buy: shared equity

Residential

Rate Changes

2 year fixed rate purchase

[FO32767] 60% LTV, increasing by 14bps from 3.75% to 3.89%, product fee £0

[FO32766] 60% LTV, increasing by 9bps from 3.55% to 3.64%, product fee £995, cashback £250

[FO32768] 75% LTV, increasing by 13bps from 3.56% to 3.69%, product fee £995, cashback £250

[FO32769] 75% LTV, increasing by 14bps from 3.75% to 3.89%, product fee £0

2 year fixed rate remortgage

[FO32775] 60% LTV, increasing by 4bps from 3.75% to 3.79%, product fee £0

[FO32774] 60% LTV, increasing by 4bps from 3.45% to 3.49%, product fee £995, cashback £500

[FO32776] 75% LTV, increasing by 8bps from 3.51% to 3.59%, product fee £995, cashback £500

[FO32777] 75% LTV, increasing by 4bps from 3.80% to 3.84%, product fee £0

5 year fixed rate purchase

[FO32770] 60% LTV, increasing by 13bps from 3.56% to 3.69%, product fee £995, cashback £250

[FO32771] 60% LTV, increasing by 13bps from 3.76% to 3.89%, product fee £0

[FO32772] 75% LTV, increasing by 17bps from 3.57% to 3.74%, product fee £995, cashback £250

[FO32773] 75% LTV, increasing by 13bps from 3.76% to 3.89%, product fee £0

5 year fixed rate remortgage

[FO32779] 60% LTV, increasing by 3bps from 3.76% to 3.79%, product fee £0

[FO32778] 60% LTV, increasing by 3bps from 3.46% to 3.49%, product fee £995, cashback £500

[FO32781] 75% LTV, increasing by 3bps from 3.81% to 3.84%, product fee £0

[FO32780] 75% LTV, increasing by 7bps from 3.52% to 3.59%, product fee £995, cashback £500

 

BTL Range

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO32814] 60% LTV, increasing by 18bps from 3.11% to 3.29%, product fee £1,495

[FO32782] 60% LTV, increasing by 12bps from 3.37% to 3.49%, product fee £995

[FO32783] 60% LTV, increasing by 14bps from 3.60% to 3.74%, product fee £0

[FO32785] 75% LTV, increasing by 14bps from 3.60% to 3.74%, product fee £0

[FO32815] 75% LTV, increasing by 16bps from 3.18% to 3.34%, product fee £1,495

[FO32784] 75% LTV, increasing by 11bps from 3.43% to 3.54%, product fee £995

2 year fixed rate remortgage

[FO32790] 60% LTV, increasing by 6bps from 3.28% to 3.34%, product fee £995

[FO32791] 60% LTV, increasing by 6bps from 3.58% to 3.64%, product fee £0

[FO32818] 60% LTV, increasing by 8bps from 3.06% to 3.14%, product fee £1,495

[FO32793] 75% LTV, increasing by 11bps from 3.63% to 3.74%, product fee £0

[FO32792] 75% LTV, increasing by 10bps from 3.34% to 3.44%, product fee £995

[FO32819] 75% LTV, increasing by 8bps from 3.16% to 3.24%, product fee £1,495

5 year fixed rate purchase

[FO32787] 60% LTV, increasing by 13bps from 3.61% to 3.74%, product fee £0

[FO32816] 60% LTV, increasing by 19bps from 3.25% to 3.44%, product fee £1,495

[FO32786] 60% LTV, increasing by 16bps from 3.38% to 3.54%, product fee £995

[FO32817] 75% LTV, increasing by 15bps from 3.34% to 3.49%, product fee £1,495

[FO32788] 75% LTV, increasing by 15bps from 3.44% to 3.59%, product fee £995

[FO32789] 75% LTV, increasing by 13bps from 3.61% to 3.74%, product fee £0

5 year fixed rate remortgage

[FO32794] 60% LTV, increasing by 4bps from 3.30% to 3.34%, product fee £995

[FO32795] 60% LTV, increasing by 5bps from 3.59% to 3.64%, product fee £0

[FO32796] 75% LTV, increasing by 9bps from 3.35% to 3.44%, product fee £995

[FO32797] 75% LTV, increasing by 10bps from 3.64% to 3.74%, product fee £0

[FO32820] 75% LTV, increasing by 4bps from 3.30% to 3.34%, product fee £1,495

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO32798] 60% LTV, increasing by 4bps from 3.25% to 3.29%, product fee £995

[FO32799] 75% LTV, increasing by 8bps from 3.26% to 3.34%, product fee £995

[FO32800] 85% LTV, increasing by 14bps from 3.30% to 3.44%, product fee £995

2 year fixed rate remortgage

[FO32804] 75% LTV, increasing by 3bps from 3.21% to 3.24%, product fee £995

[FO32805] 85% LTV, increasing by 5bps from 3.29% to 3.34%, product fee £995

5 year fixed rate purchase

[FO32801] 60% LTV, increasing by 8bps from 3.26% to 3.34%, product fee £995

[FO32802] 75% LTV, increasing by 12bps from 3.27% to 3.39%, product fee £995

[FO32803] 85% LTV, increasing by 18bps from 3.31% to 3.49%, product fee £995

5 year fixed rate remortgage

[FO32806] 75% LTV, increasing by 2bps from 3.22% to 3.24%, product fee £995

 

BTL Green Mortgages

Buy To Let

Rate Changes

2 year fixed rate purchase

[FO32807] 65% LTV, increasing by 7bps from 3.27% to 3.34%, product fee £995

[FO32808] 75% LTV, increasing by 6bps from 3.33% to 3.39%, product fee £995

2 year fixed rate remortgage

[FO32811] 65% LTV, increasing by 1bps from 3.18% to 3.19%, product fee £995

[FO32813] 75% LTV, increasing by 5bps from 3.24% to 3.29%, product fee £995

5 year fixed rate purchase

[FO32809] 65% LTV, increasing by 11bps from 3.28% to 3.39%, product fee £995

[FO32810] 75% LTV, increasing by 10bps from 3.34% to 3.44%, product fee £995

5 year fixed rate remortgage

[FO32812] 75% LTV, increasing by 4bps from 3.25% to 3.29%, product fee £995

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher

[FO32687] 60% LTV, increasing by 4bps from 3.50% to 3.54%, product fee £0

2 year fixed rate switcher - high value

[FO32718] 60% LTV, increasing by 9bps from 3.14% to 3.23%, product fee £1,495

2 year fixed rate switcher

[FO32686] 60% LTV, increasing by 5bps from 3.33% to 3.38%, product fee £495

[FO32685] 60% LTV, increasing by 8bps from 3.21% to 3.29%, product fee £995

2 year fixed rate switcher - high value

[FO32719] 75% LTV, increasing by 11bps from 3.18% to 3.29%, product fee £1,495

2 year fixed rate switcher

[FO32689] 75% LTV, increasing by 7bps from 3.53% to 3.60%, product fee £0

[FO32688] 75% LTV, increasing by 12bps from 3.23% to 3.35%, product fee £995

[FO32690] 80% LTV, increasing by 19bps from 3.25% to 3.44%, product fee £995

[FO32691] 80% LTV, increasing by 12bps from 3.58% to 3.70%, product fee £0

2 year fixed rate switcher - high value

[FO32720] 80% LTV, increasing by 18bps from 3.20% to 3.38%, product fee £1,495

2 year fixed rate switcher

[FO32693] 85% LTV, increasing by 16bps from 3.58% to 3.74%, product fee £0

[FO32692] 85% LTV, increasing by 19bps from 3.25% to 3.44%, product fee £995

2 year fixed rate switcher - high value

[FO32721] 85% LTV, increasing by 18bps from 3.20% to 3.38%, product fee £1,495

2 year fixed rate switcher

[FO32695] 90% LTV, increasing by 25bps from 3.64% to 3.89%, product fee £0

[FO32694] 90% LTV, increasing by 24bps from 3.30% to 3.54%, product fee £995

[FO32696] 100% LTV, increasing by 20bps from 3.49% to 3.69%, product fee £995

[FO32697] 100% LTV, increasing by 30bps from 3.84% to 4.14%, product fee £0

5 year fixed rate switcher - high value

[FO32722] 60% LTV, increasing by 5bps from 3.18% to 3.23%, product fee £1,495

5 year fixed rate switcher

[FO32700] 60% LTV, increasing by 3bps from 3.51% to 3.54%, product fee £0

[FO32699] 60% LTV, increasing by 3bps from 3.35% to 3.38%, product fee £495

[FO32698] 60% LTV, increasing by 5bps from 3.24% to 3.29%, product fee £995

5 year fixed rate switcher - high value

[FO32723] 75% LTV, increasing by 10bps from 3.19% to 3.29%, product fee £1,495

5 year fixed rate switcher

[FO32701] 75% LTV, increasing by 11bps from 3.24% to 3.35%, product fee £995

[FO32702] 75% LTV, increasing by 6bps from 3.54% to 3.60%, product fee £0

5 year fixed rate switcher - high value

[FO32724] 80% LTV, increasing by 9bps from 3.29% to 3.38%, product fee £1,495

5 year fixed rate switcher

[FO32703] 80% LTV, increasing by 10bps from 3.34% to 3.44%, product fee £995

[FO32704] 80% LTV, increasing by 11bps from 3.59% to 3.70%, product fee £0

[FO32706] 85% LTV, increasing by 15bps from 3.59% to 3.74%, product fee £0

[FO32705] 85% LTV, increasing by 10bps from 3.39% to 3.49%, product fee £995

5 year fixed rate switcher - high value

[FO32725] 85% LTV, increasing by 10bps from 3.33% to 3.43%, product fee £1,495

5 year fixed rate switcher

[FO32708] 90% LTV, increasing by 24bps from 3.65% to 3.89%, product fee £0

[FO32707] 90% LTV, increasing by 20bps from 3.47% to 3.67%, product fee £995

 

BTL Standard Switcher Range

Buy To Let

Rate Changes

2 year fixed rate switcher

[FO32710] 60% LTV, increasing by 10bps from 3.54% to 3.64%, product fee £0

[FO32709] 60% LTV, increasing by 4bps from 3.26% to 3.30%, product fee £995

[FO32712] 75% LTV, increasing by 10bps from 3.59% to 3.69%, product fee £0

[FO32711] 75% LTV, increasing by 12bps from 3.27% to 3.39%, product fee £995

[FO32713] 90% LTV, increasing by 33bps from 3.76% to 4.09%, product fee £0

5 year fixed rate switcher

[FO32715] 60% LTV, increasing by 10bps from 3.59% to 3.69%, product fee £0

[FO32714] 60% LTV, increasing by 5bps from 3.34% to 3.39%, product fee £995

[FO32716] 75% LTV, increasing by 12bps from 3.37% to 3.49%, product fee £995

[FO32717] 75% LTV, increasing by 10bps from 3.64% to 3.74%, product fee £0

 

 

End dates

 

2 Year Term End Dates Moving from 30 November 2024 to 31 December 2024

5 Year Term End Dates Moving from 30 November 2027 to 31 December 2027

 

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Tuesday 2nd August 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must e-mail your BDM by midday on Wednesday 3rd August 2022. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Thursday 21 July 2022

 

Here’s a full list the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

5 year fixed rate purchase

[FO32663] 60% LTV, increasing by 13bps from 3.56% to 3.69%, product fee £0

[FO32662] 60% LTV, increasing by 13bps from 3.36% to 3.49%, product fee £995

[FO32664] 75% LTV, increasing by 17bps from 3.37% to 3.54%, product fee £995

[FO32665] 75% LTV, increasing by 13bps from 3.56% to 3.69%, product fee £0

[FO32667] 80% LTV, increasing by 19bps from 3.60% to 3.79%, product fee £0

[FO32666] 80% LTV, increasing by 18bps from 3.41% to 3.59%, product fee £995

[FO32668] 85% LTV, increasing by 23bps from 3.41% to 3.64%, product fee £995

[FO32669] 85% LTV, increasing by 14bps from 3.65% to 3.79%, product fee £0

[FO32671] 90% LTV, increasing by 15bps from 3.70% to 3.85%, product fee £0

[FO32670] 90% LTV, increasing by 22bps from 3.42% to 3.64%, product fee £995

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO32672] 85% LTV, increasing by 5bps from 3.49% to 3.54%, product fee £995, cashback £1,000

[FO32673] 85% LTV, increasing by 15bps from 3.84% to 3.99%, product fee £0, cashback £1,000

[FO32674] 90% LTV, increasing by 22bps from 3.87% to 4.09%, product fee £0, cashback £1,000

5 year fixed rate purchase

[FO32676] 85% LTV, increasing by 19bps from 3.85% to 4.04%, product fee £0, cashback £1,000

[FO32675] 85% LTV, increasing by 19bps from 3.50% to 3.69%, product fee £995, cashback £1,000

[FO32677] 90% LTV, increasing by 20bps from 3.59% to 3.79%, product fee £995, cashback £1,000

[FO32678] 90% LTV, increasing by 26bps from 3.88% to 4.14%, product fee £0, cashback £1,000

 

Mortgage Guarantee

Residential

Rate Changes

2 year fixed rate purchase

[FO32679] 95% LTV, increasing by 21bps from 3.97% to 4.18%, product fee £0, cashback £750

5 year fixed rate purchase

[FO32680] 95% LTV, increasing by 21bps from 3.98% to 4.19%, product fee £0, cashback £750

 

BTL Range

Buy To Let

Rate Changes

5 year fixed rate purchase

[FO32681] 60% LTV, increasing by 13bps from 3.12% to 3.25%, product fee £1,495

[FO32682] 75% LTV, increasing by 15bps from 3.19% to 3.34%, product fee £1,495

5 year fixed rate remortgage

[FO32683] 60% LTV, increasing by 7bps from 3.18% to 3.25%, product fee £1,495

[FO32684] 75% LTV, increasing by 6bps from 3.24% to 3.30%, product fee £1,495

 

 

Existing Customer

No Changes

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 20th July 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must e-mail your BDM by midday on Thursday 21st July 2022. Requests received after this time will not be considered.

 

Your email must include in bullet points:

·         Your details - name, company and postcode

·         Customer name

·         Product applying for

·         Amount of mortgage loan

·         Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

For a complete listing of all our mortgage products, please visit the product page on our website.

From Monday 18th July the Standard Variable Rates (SVRs) for our residential and Buy to Let mortgages will be changing in response to the increase in the Bank of England’s Base Rate.

 

This means that the SVR for all new residential and Buy to Let mortgage deals will be 4.74%

 

Customers who have currently applied for, or are on a fixed rate deal, will move on to the new SVR at the end of their current product term.

 

All product codes will remain unchanged. For a complete listing of all our mortgage products, please visit the product page on our website.

Effective from Thursday 12 May 2022

 

Here’s a full list the changes with product codes in brackets:

New Business

 

Core Range

Residential

Rate Changes

2 year fixed rate purchase

[FO31382] 60% LTV, increasing by 15bps from 2.80% to 2.95%, product fee £0

[FO31381] 60% LTV, increasing by 15bps from 2.49% to 2.64%, product fee £995

[FO31384] 75% LTV, increasing by 15bps from 2.80% to 2.95%, product fee £0

[FO31383] 75% LTV, increasing by 15bps from 2.55% to 2.70%, product fee £995

[FO31385] 80% LTV, increasing by 15bps from 2.60% to 2.75%, product fee £995

[FO31386] 80% LTV, increasing by 15bps from 2.84% to 2.99%, product fee £0

[FO31388] 85% LTV, increasing by 15bps from 2.86% to 3.01%, product fee £0

[FO31387] 85% LTV, increasing by 15bps from 2.60% to 2.75%, product fee £995

[FO31389] 90% LTV, increasing by 15bps from 2.65% to 2.80%, product fee £995

[FO31390] 90% LTV, increasing by 15bps from 2.89% to 3.04%, product fee £0

2 year fixed rate remortgage

[FO31401] 60% LTV, increasing by 15bps from 2.39% to 2.54%, product fee £995

[FO31402] 60% LTV, increasing by 15bps from 2.73% to 2.88%, product fee £0

[FO31404] 75% LTV, increasing by 15bps from 2.74% to 2.89%, product fee £0

[FO31403] 75% LTV, increasing by 15bps from 2.42% to 2.57%, product fee £995

[FO31405] 80% LTV, increasing by 15bps from 2.52% to 2.67%, product fee £995

[FO31406] 80% LTV, increasing by 15bps from 2.90% to 3.05%, product fee £0

[FO31408] 85% LTV, increasing by 15bps from 2.93% to 3.08%, product fee £0

[FO31407] 85% LTV, increasing by 15bps from 2.63% to 2.78%, product fee £995

[FO31409] 90% LTV, increasing by 15bps from 2.70% to 2.85%, product fee £995

[FO31410] 90% LTV, increasing by 15bps from 2.99% to 3.14%, product fee £0

5 year fixed rate purchase

[FO31392] 60% LTV, increasing by 15bps from 2.82% to 2.97%, product fee £0

[FO31391] 60% LTV, increasing by 15bps from 2.50% to 2.65%, product fee £995

[FO31393] 75% LTV, increasing by 15bps from 2.58% to 2.73%, product fee £995

[FO31394] 75% LTV, increasing by 15bps from 2.84% to 2.99%, product fee £0

[FO31396] 80% LTV, increasing by 15bps from 2.86% to 3.01%, product fee £0

[FO31395] 80% LTV, increasing by 15bps from 2.63% to 2.78%, product fee £995

[FO31397] 85% LTV, increasing by 15bps from 2.68% to 2.83%, product fee £995

[FO31398] 85% LTV, increasing by 15bps from 2.89% to 3.04%, product fee £0

[FO31399] 90% LTV, increasing by 15bps from 2.73% to 2.88%, product fee £995

[FO31400] 90% LTV, increasing by 15bps from 2.94% to 3.09%, product fee £0

5 year fixed rate remortgage

[FO31412] 60% LTV, increasing by 15bps from 2.74% to 2.89%, product fee £0

[FO31411] 60% LTV, increasing by 15bps from 2.54% to 2.69%, product fee £995

[FO31413] 75% LTV, increasing by 15bps from 2.60% to 2.75%, product fee £995

[FO31414] 75% LTV, increasing by 15bps from 2.89% to 3.04%, product fee £0

[FO31416] 80% LTV, increasing by 15bps from 2.94% to 3.09%, product fee £0

[FO31415] 80% LTV, increasing by 15bps from 2.65% to 2.80%, product fee £995

[FO31418] 85% LTV, increasing by 15bps from 2.99% to 3.14%, product fee £0

[FO31417] 85% LTV, increasing by 15bps from 2.74% to 2.89%, product fee £995

[FO31420] 90% LTV, increasing by 15bps from 3.25% to 3.40%, product fee £0

[FO31419] 90% LTV, increasing by 5bps from 2.99% to 3.04%, product fee £995

 

First Time Buyer

Residential

Rate Changes

2 year fixed rate purchase

[FO31421] 85% LTV, increasing by 15bps from 2.89% to 3.04%, product fee £995, cashback £1,000

[FO31422] 85% LTV, increasing by 15bps from 3.24% to 3.39%, product fee £0, cashback £1,000

[FO31424] 90% LTV, increasing by 15bps from 3.27% to 3.42%, product fee £0, cashback £1,000

[FO31423] 90% LTV, increasing by 15bps from 2.98% to 3.13%, product fee £995, cashback £1,000

5 year fixed rate purchase

[FO31425] 85% LTV, increasing by 15bps from 2.94% to 3.09%, product fee £995, cashback £1,000

[FO31426] 85% LTV, increasing by 15bps from 3.27% to 3.42%, product fee £0, cashback £1,000

[FO31428] 90% LTV, increasing by 15bps from 3.29% to 3.44%, product fee £0, cashback £1,000

[FO31427] 90% LTV, increasing by 15bps from 2.99% to 3.14%, product fee £995, cashback £1,000

 

Mortgage Guarantee

Residential

Rate Changes

2 year fixed rate purchase

[FO31429] 95% LTV, increasing by 15bps from 3.27% to 3.42%, product fee £0, cashback £750

5 year fixed rate purchase

[FO31430] 95% LTV, increasing by 15bps from 3.29% to 3.44%, product fee £0, cashback £750

 

Green Mortgages

Residential

Rate Changes

2 year fixed rate purchase

[FO31431] 60% LTV, increasing by 15bps from 2.39% to 2.54%, product fee £995

[FO31432] 75% LTV, increasing by 15bps from 2.45% to 2.60%, product fee £995

[FO31433] 85% LTV, increasing by 15bps from 2.50% to 2.65%, product fee £995

2 year fixed rate remortgage

[FO31437] 60% LTV, increasing by 15bps from 2.29% to 2.44%, product fee £995

[FO31438] 75% LTV, increasing by 15bps from 2.32% to 2.47%, product fee £995

[FO31439] 85% LTV, increasing by 15bps from 2.53% to 2.68%, product fee £995

5 year fixed rate purchase

[FO31434] 60% LTV, increasing by 15bps from 2.40% to 2.55%, product fee £995

[FO31435] 75% LTV, increasing by 15bps from 2.48% to 2.63%, product fee £995

[FO31436] 85% LTV, increasing by 15bps from 2.58% to 2.73%, product fee £995

5 year fixed rate remortgage

[FO31440] 60% LTV, increasing by 15bps from 2.44% to 2.59%, product fee £995

[FO31441] 75% LTV, increasing by 15bps from 2.50% to 2.65%, product fee £995

[FO31442] 85% LTV, increasing by 15bps from 2.64% to 2.79%, product fee £995

 

 

Existing Customer

 

Core Range

Residential

Rate Changes

2 year fixed rate switcher - high value

[FO31464] 60% LTV, increasing by 7bps from 2.29% to 2.36%, product fee £995

2 year fixed rate switcher

[FO31443] 60% LTV, increasing by 8bps from 2.31% to 2.39%, product fee £995

[FO31444] 60% LTV, increasing by 10bps from 2.63% to 2.73%, product fee £0

[FO31446] 75% LTV, increasing by 7bps from 2.67% to 2.74%, product fee £0

2 year fixed rate switcher - high value

[FO31465] 75% LTV, increasing by 6bps from 2.33% to 2.39%, product fee £995

2 year fixed rate switcher

[FO31445] 75% LTV, increasing by 6bps from 2.36% to 2.42%, product fee £995

[FO31447] 80% LTV, increasing by 11bps from 2.41% to 2.52%, product fee £995

[FO31448] 80% LTV, increasing by 15bps from 2.74% to 2.89%, product fee £0

[FO31449] 85% LTV, increasing by 15bps from 2.43% to 2.58%, product fee £995

[FO31450] 85% LTV, increasing by 14bps from 2.79% to 2.93%, product fee £0

[FO31452] 90% LTV, increasing by 10bps from 2.89% to 2.99%, product fee £0

[FO31451] 90% LTV, increasing by 15bps from 2.50% to 2.65%, product fee £995

[FO31453] 100% LTV, increasing by 15bps from 3.14% to 3.29%, product fee £0

5 year fixed rate switcher - high value

[FO31466] 60% LTV, increasing by 14bps from 2.32% to 2.46%, product fee £995

5 year fixed rate switcher

[FO31455] 60% LTV, increasing by 9bps from 2.65% to 2.74%, product fee £0

[FO31454] 60% LTV, increasing by 14bps from 2.35% to 2.49%, product fee £995

5 year fixed rate switcher - high value

[FO31467] 75% LTV, increasing by 13bps from 2.39% to 2.52%, product fee £995

5 year fixed rate switcher

[FO31457] 75% LTV, increasing by 15bps from 2.69% to 2.84%, product fee £0

[FO31456] 75% LTV, increasing by 11bps from 2.44% to 2.55%, product fee £995

[FO31459] 80% LTV, increasing by 11bps from 2.79% to 2.90%, product fee £0

[FO31458] 80% LTV, increasing by 6bps from 2.54% to 2.60%, product fee £995

[FO31460] 85% LTV, increasing by 13bps from 2.56% to 2.69%, product fee £995

[FO31461] 85% LTV, increasing by 12bps from 2.82% to 2.94%, product fee £0

[FO31463] 90% LTV, increasing by 20bps from 3.05% to 3.25%, product fee £0

[FO31462] 90% LTV, increasing by 5bps from 2.84% to 2.89%, product fee £995

 

 

End dates

 

There are no changes to end dates

 

Transitional arrangements

 

You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 11th May, 2022.

 

If you are unable to submit an application online due to a technical issue that cannot be resolved over the phone, then you must e-mail your BDM by midday on Thursday 12th May 2022. Requests received after this time will not be considered.

 

Your email must include in bullet points:

•               • Your details - name, company and postcode

•               • Customer name

•               • Product applying for

•               • Amount of mortgage loan

•               • Reason - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided

 

Once you have received confirmation from your BDM of receipt of your email please submit the case through our intermediary website.

 

 

For a complete listing of all our mortgage products, please visit the product page on our website.