Regular updates on our policy and proposition
ONLY FOR USE BY MORTGAGE INTERMEDIARIES
2023 Articles
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.
Latest Articles
We’re pleased to confirm that from the 18th 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 18th 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 18th 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 18th 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 18th 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 18th 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 18th 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 17th 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 18th 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.
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.
Today the Bank of England announced an increase of 0.5% to 3.5% to the Bank of England Base Rate. In response we will also be increasing the NatWest Base Rate by 0.5% to 3.5% for mortgages.
The new NatWest Base Rate of 3.5% will be effective on new Tracker mortgage illustrations from Monday 19th December 2022. All product codes will remain the same.
What mortgage products are affected by this change?
Our NatWest Tracker rates are affected by this change. The new product guides will be available from the 19th December, and sourcing systems are being updated at this time.
Please note that any mortgage illustrations produced for Tracker rates between Friday 16th December and Sunday 18th December will be based on the current rate. The new rate of 3.5% will be on all mortgage illustrations from Monday 19th December.
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 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.
News articles - 18th November - 17th October
From Monday 21st 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.
News articles - 10th October - 15th September
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.
News articles 19th August - 15th July
From Monday 22nd 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.
News articles 12th May - 9th March
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.
Effective from Friday 6 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
[FO31079] 60% LTV, increasing by 35bps from 2.45% to 2.80%, product fee £0
[FO31078] 60% LTV, increasing by 29bps from 2.20% to 2.49%, product fee £995
[FO31080] 75% LTV, increasing by 35bps from 2.20% to 2.55%, product fee £995
[FO31081] 75% LTV, increasing by 30bps from 2.50% to 2.80%, product fee £0
[FO31083] 80% LTV, increasing by 29bps from 2.55% to 2.84%, product fee £0
[FO31082] 80% LTV, increasing by 33bps from 2.27% to 2.60%, product fee £995
[FO31085] 85% LTV, increasing by 28bps from 2.58% to 2.86%, product fee £0
[FO31084] 85% LTV, increasing by 23bps from 2.37% to 2.60%, product fee £995
[FO31087] 90% LTV, increasing by 27bps from 2.62% to 2.89%, product fee £0
[FO31086] 90% LTV, increasing by 23bps from 2.42% to 2.65%, product fee £995
2 year fixed rate remortgage
[FO31099] 60% LTV, increasing by 29bps from 2.44% to 2.73%, product fee £0
[FO31098] 60% LTV, increasing by 15bps from 2.24% to 2.39%, product fee £995
[FO31101] 75% LTV, increasing by 20bps from 2.54% to 2.74%, product fee £0
[FO31100] 75% LTV, increasing by 18bps from 2.24% to 2.42%, product fee £995
[FO31103] 80% LTV, increasing by 23bps from 2.67% to 2.90%, product fee £0
[FO31102] 80% LTV, increasing by 25bps from 2.27% to 2.52%, product fee £995
[FO31104] 85% LTV, increasing by 21bps from 2.42% to 2.63%, product fee £995
[FO31105] 85% LTV, increasing by 16bps from 2.77% to 2.93%, product fee £0
[FO31106] 90% LTV, increasing by 10bps from 2.60% to 2.70%, product fee £995
[FO31107] 90% LTV, increasing by 10bps from 2.89% to 2.99%, product fee £0
5 year fixed rate purchase
[FO31089] 60% LTV, increasing by 28bps from 2.54% to 2.82%, product fee £0
[FO31088] 60% LTV, increasing by 26bps from 2.24% to 2.50%, product fee £995
[FO31090] 75% LTV, increasing by 30bps from 2.28% to 2.58%, product fee £995
[FO31091] 75% LTV, increasing by 30bps from 2.54% to 2.84%, product fee £0
[FO31093] 80% LTV, increasing by 26bps from 2.60% to 2.86%, product fee £0
[FO31092] 80% LTV, increasing by 29bps from 2.34% to 2.63%, product fee £995
[FO31094] 85% LTV, increasing by 30bps from 2.38% to 2.68%, product fee £995
[FO31095] 85% LTV, increasing by 23bps from 2.66% to 2.89%, product fee £0
[FO31097] 90% LTV, increasing by 19bps from 2.75% to 2.94%, product fee £0
[FO31096] 90% LTV, increasing by 23bps from 2.50% to 2.73%, product fee £995
5 year fixed rate remortgage
[FO31109] 60% LTV, increasing by 27bps from 2.47% to 2.74%, product fee £0
[FO31108] 60% LTV, increasing by 27bps from 2.27% to 2.54%, product fee £995
[FO31110] 75% LTV, increasing by 33bps from 2.27% to 2.60%, product fee £995
[FO31111] 75% LTV, increasing by 32bps from 2.57% to 2.89%, product fee £0
[FO31113] 80% LTV, increasing by 18bps from 2.76% to 2.94%, product fee £0
[FO31112] 80% LTV, increasing by 29bps from 2.36% to 2.65%, product fee £995
[FO31114] 85% LTV, increasing by 23bps from 2.51% to 2.74%, product fee £995
[FO31115] 85% LTV, increasing by 13bps from 2.86% to 2.99%, product fee £0
[FO31116] 90% LTV, increasing by 4bps from 2.95% to 2.99%, product fee £995
First Time Buyer
Residential
Rate Changes
2 year fixed rate purchase
[FO31118] 85% LTV, increasing by 7bps from 3.17% to 3.24%, product fee £0, cashback £1,000
[FO31117] 85% LTV, increasing by 11bps from 2.78% to 2.89%, product fee £995, cashback £1,000
[FO31120] 90% LTV, increasing by 7bps from 3.20% to 3.27%, product fee £0, cashback £1,000
[FO31119] 90% LTV, increasing by 18bps from 2.80% to 2.98%, product fee £995, cashback £1,000
5 year fixed rate purchase
[FO31121] 85% LTV, increasing by 14bps from 2.80% to 2.94%, product fee £995, cashback £1,000
[FO31122] 85% LTV, increasing by 8bps from 3.19% to 3.27%, product fee £0, cashback £1,000
[FO31123] 90% LTV, increasing by 12bps from 2.87% to 2.99%, product fee £995, cashback £1,000
[FO31124] 90% LTV, increasing by 7bps from 3.22% to 3.29%, product fee £0, cashback £1,000
Shared Equity
Residential
Rate Changes
2 year fixed rate purchase
[FO31125] 60% LTV, increasing by 29bps from 2.40% to 2.69%, product fee £995, cashback £250
[FO31126] 60% LTV, increasing by 30bps from 2.70% to 3.00%, product fee £0
[FO31127] 75% LTV, increasing by 30bps from 2.45% to 2.75%, product fee £995, cashback £250
[FO31128] 75% LTV, increasing by 25bps from 2.75% to 3.00%, product fee £0
5 year fixed rate purchase
[FO31130] 60% LTV, increasing by 28bps from 2.74% to 3.02%, product fee £0
[FO31129] 60% LTV, increasing by 26bps from 2.44% to 2.70%, product fee £995, cashback £250
[FO31131] 75% LTV, increasing by 29bps from 2.49% to 2.78%, product fee £995, cashback £250
[FO31132] 75% LTV, increasing by 25bps from 2.79% to 3.04%, product fee £0
Help to Buy: shared equity
Residential
Rate Changes
2 year fixed rate purchase
[FO31133] 60% LTV, increasing by 29bps from 2.40% to 2.69%, product fee £995, cashback £250
[FO31134] 60% LTV, increasing by 30bps from 2.70% to 3.00%, product fee £0
[FO31136] 75% LTV, increasing by 25bps from 2.75% to 3.00%, product fee £0
[FO31135] 75% LTV, increasing by 30bps from 2.45% to 2.75%, product fee £995, cashback £250
2 year fixed rate remortgage
[FO31141] 60% LTV, increasing by 15bps from 2.44% to 2.59%, product fee £995, cashback £500
[FO31142] 60% LTV, increasing by 19bps from 2.74% to 2.93%, product fee £0
[FO31143] 75% LTV, increasing by 13bps from 2.49% to 2.62%, product fee £995, cashback £500
[FO31144] 75% LTV, increasing by 15bps from 2.79% to 2.94%, product fee £0
5 year fixed rate purchase
[FO31137] 60% LTV, increasing by 26bps from 2.44% to 2.70%, product fee £995, cashback £250
[FO31138] 60% LTV, increasing by 28bps from 2.74% to 3.02%, product fee £0
[FO31139] 75% LTV, increasing by 29bps from 2.49% to 2.78%, product fee £995, cashback £250
[FO31140] 75% LTV, increasing by 25bps from 2.79% to 3.04%, product fee £0
5 year fixed rate remortgage
[FO31146] 60% LTV, increasing by 17bps from 2.77% to 2.94%, product fee £0
[FO31145] 60% LTV, increasing by 27bps from 2.47% to 2.74%, product fee £995, cashback £500
[FO31148] 75% LTV, increasing by 27bps from 2.82% to 3.09%, product fee £0
[FO31147] 75% LTV, increasing by 28bps from 2.52% to 2.80%, product fee £995, cashback £500
Mortgage Guarantee
Residential
Rate Changes
2 year fixed rate purchase
[FO31149] 95% LTV, increasing by 7bps from 3.20% to 3.27%, product fee £0, cashback £750
5 year fixed rate purchase
[FO31150] 95% LTV, increasing by 7bps from 3.22% to 3.29%, product fee £0, cashback £750
BTL Range
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO31152] 60% LTV, increasing by 30bps from 2.69% to 2.99%, product fee £0
[FO31151] 60% LTV, increasing by 30bps from 2.39% to 2.69%, product fee £995
[FO31154] 75% LTV, increasing by 30bps from 2.74% to 3.04%, product fee £0
[FO31153] 75% LTV, increasing by 30bps from 2.44% to 2.74%, product fee £995
2 year fixed rate remortgage
[FO31161] 60% LTV, increasing by 30bps from 2.64% to 2.94%, product fee £0
[FO31160] 60% LTV, increasing by 30bps from 2.34% to 2.64%, product fee £995
[FO31162] 75% LTV, increasing by 30bps from 2.44% to 2.74%, product fee £995
[FO31163] 75% LTV, increasing by 30bps from 2.74% to 3.04%, product fee £0
5 year fixed rate purchase
[FO31156] 60% LTV, increasing by 30bps from 2.79% to 3.09%, product fee £0
[FO31155] 60% LTV, increasing by 30bps from 2.49% to 2.79%, product fee £995
[FO31159] 75% LTV, increasing by 30bps from 2.84% to 3.14%, product fee £0
[FO31157] 75% LTV, increasing by 30bps from 2.33% to 2.63%, product fee £1,495
[FO31158] 75% LTV, increasing by 30bps from 2.54% to 2.84%, product fee £995
5 year fixed rate remortgage
[FO31165] 60% LTV, increasing by 30bps from 2.79% to 3.09%, product fee £0
[FO31164] 60% LTV, increasing by 30bps from 2.49% to 2.79%, product fee £995
[FO31168] 60% LTV, increasing by 30bps from 2.28% to 2.58%, product fee £1,495
[FO31167] 75% LTV, increasing by 30bps from 2.84% to 3.14%, product fee £0
[FO31166] 75% LTV, increasing by 30bps from 2.54% to 2.84%, product fee £995
Green Mortgages
Residential
Rate Changes and Cashback Changes
2 year fixed rate purchase
[FO31054] 60% LTV, increasing by 20bps from 2.19% to 2.39%, product fee £995, cashback decreasing from £250 to £0
[FO31055] 75% LTV, increasing by 26bps from 2.19% to 2.45%, product fee £995, cashback decreasing from £250 to £0
[FO31056] 85% LTV, increasing by 14bps from 2.36% to 2.50%, product fee £995, cashback decreasing from £250 to £0
2 year fixed rate remortgage
[FO31060] 60% LTV, increasing by 6bps from 2.23% to 2.29%, product fee £995, cashback decreasing from £250 to £0
[FO31061] 75% LTV, increasing by 9bps from 2.23% to 2.32%, product fee £995, cashback decreasing from £250 to £0
[FO31062] 85% LTV, increasing by 12bps from 2.41% to 2.53%, product fee £995, cashback decreasing from £250 to £0
5 year fixed rate purchase
[FO31057] 60% LTV, increasing by 17bps from 2.23% to 2.40%, product fee £995, cashback decreasing from £350 to £0
[FO31058] 75% LTV, increasing by 21bps from 2.27% to 2.48%, product fee £995, cashback decreasing from £350 to £0
[FO31059] 85% LTV, increasing by 21bps from 2.37% to 2.58%, product fee £995, cashback decreasing from £350 to £0
5 year fixed rate remortgage
[FO31063] 60% LTV, increasing by 18bps from 2.26% to 2.44%, product fee £995, cashback decreasing from £250 to £0
[FO31064] 75% LTV, increasing by 24bps from 2.26% to 2.50%, product fee £995, cashback decreasing from £250 to £0
[FO31065] 85% LTV, increasing by 14bps from 2.50% to 2.64%, product fee £995, cashback decreasing from £350 to £0
BTL Green Mortgages
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO31169] 65% LTV, increasing by 21bps from 2.38% to 2.59%, product fee £995
[FO31170] 75% LTV, increasing by 21bps from 2.43% to 2.64%, product fee £995
2 year fixed rate remortgage
[FO31173] 65% LTV, increasing by 21bps from 2.33% to 2.54%, product fee £995
[FO31174] 75% LTV, increasing by 21bps from 2.43% to 2.64%, product fee £995
5 year fixed rate purchase
[FO31171] 65% LTV, increasing by 21bps from 2.48% to 2.69%, product fee £995
[FO31172] 75% LTV, increasing by 21bps from 2.53% to 2.74%, product fee £995
5 year fixed rate remortgage
[FO31175] 65% LTV, increasing by 21bps from 2.48% to 2.69%, product fee £995
[FO31176] 75% LTV, increasing by 21bps from 2.53% to 2.74%, product fee £995
Existing Customer
Core Range
Residential
Rate Changes
2 year fixed rate switcher - high value
[FO31050] 60% LTV, increasing by 16bps from 2.13% to 2.29%, product fee £995
2 year fixed rate switcher
[FO31031] 60% LTV, increasing by 15bps from 2.48% to 2.63%, product fee £0
[FO31030] 60% LTV, increasing by 15bps from 2.16% to 2.31%, product fee £995
[FO31033] 75% LTV, increasing by 15bps from 2.52% to 2.67%, product fee £0
2 year fixed rate switcher - high value
[FO31051] 75% LTV, increasing by 14bps from 2.19% to 2.33%, product fee £995
2 year fixed rate switcher
[FO31032] 75% LTV, increasing by 14bps from 2.22% to 2.36%, product fee £995
[FO31034] 80% LTV, increasing by 12bps from 2.29% to 2.41%, product fee £995
[FO31035] 80% LTV, increasing by 12bps from 2.62% to 2.74%, product fee £0
[FO31036] 85% LTV, increasing by 13bps from 2.30% to 2.43%, product fee £995
[FO31037] 85% LTV, increasing by 13bps from 2.66% to 2.79%, product fee £0
[FO31038] 90% LTV, increasing by 13bps from 2.76% to 2.89%, product fee £0
5 year fixed rate switcher
[FO31040] 60% LTV, increasing by 15bps from 2.50% to 2.65%, product fee £0
[FO31039] 60% LTV, increasing by 16bps from 2.19% to 2.35%, product fee £995
5 year fixed rate switcher - high value
[FO31052] 60% LTV, increasing by 14bps from 2.18% to 2.32%, product fee £995
[FO31053] 75% LTV, increasing by 15bps from 2.24% to 2.39%, product fee £995
5 year fixed rate switcher
[FO31041] 75% LTV, increasing by 16bps from 2.28% to 2.44%, product fee £995
[FO31042] 75% LTV, increasing by 16bps from 2.53% to 2.69%, product fee £0
[FO31043] 80% LTV, increasing by 15bps from 2.39% to 2.54%, product fee £995
[FO31044] 80% LTV, increasing by 13bps from 2.66% to 2.79%, product fee £0
[FO31045] 85% LTV, increasing by 13bps from 2.43% to 2.56%, product fee £995
[FO31046] 85% LTV, increasing by 7bps from 2.75% to 2.82%, product fee £0
[FO31048] 90% LTV, increasing by 9bps from 2.96% to 3.05%, product fee £0
[FO31047] 90% LTV, increasing by 4bps from 2.80% to 2.84%, product fee £995
BTL Standard Switcher Range
Buy To Let
Rate Changes
2 year fixed rate switcher
[FO31049] 60% LTV, increasing by 8bps from 2.28% to 2.36%, product fee £995
Transitional arrangements
You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Thursday 5th 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 Friday 6th 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
For a complete listing of all our mortgage products, please visit the product page on our web site.
Effective from Friday 29 April 2022
Here’s a full list the changes with product codes in brackets:
New Business
First Time Buyer
Residential
Rate Changes and Cashback Changes
2 year fixed rate purchase
[FO30961] 85% LTV, increasing by 12bps from 3.05% to 3.17%, product fee £0, cashback increasing from £750 to £1,000
[FO30960] 85% LTV, increasing by 5bps from 2.73% to 2.78%, product fee £995, cashback increasing from £750 to £1,000
[FO30963] 90% LTV, increasing by 12bps from 3.08% to 3.20%, product fee £0, cashback increasing from £750 to £1,000
[FO30962] 90% LTV, increasing by 5bps from 2.75% to 2.80%, product fee £995, cashback increasing from £750 to £1,000
5 year fixed rate purchase
[FO30965] 85% LTV, increasing by 12bps from 3.07% to 3.19%, product fee £0, cashback increasing from £750 to £1,000
[FO30964] 85% LTV, increasing by 5bps from 2.75% to 2.80%, product fee £995, cashback increasing from £750 to £1,000
[FO30967] 90% LTV, increasing by 5bps from 3.17% to 3.22%, product fee £0, cashback increasing from £750 to £1,000
Cashback Changes
5 year fixed rate purchase
[FO30966] 90% LTV, 2.87%, product fee £995, cashback increasing from £750 to £1,000
Shared Equity
Residential
New Products
2 year fixed rate purchase
[FO30968] 60% LTV, 2.70%, product fee £0
[FO30969] 75% LTV, 2.75%, product fee £0
5 year fixed rate purchase
[FO30970] 60% LTV, 2.74%, product fee £0
[FO30971] 75% LTV, 2.79%, product fee £0
Help to Buy: shared equity
Residential
New Products
2 year fixed rate purchase
[FO30972] 60% LTV, 2.70%, product fee £0
[FO30973] 75% LTV, 2.75%, product fee £0
2 year fixed rate remortgage
[FO30978] 60% LTV, 2.74%, product fee £0
[FO30979] 75% LTV, 2.79%, product fee £0
5 year fixed rate purchase
[FO30974] 60% LTV, 2.74%, product fee £0
[FO30975] 75% LTV, 2.79%, product fee £0
5 year fixed rate remortgage
[FO30980] 60% LTV, 2.77%, product fee £0
[FO30981] 75% LTV, 2.82%, product fee £0
Mortgage Guarantee
Residential
Rate Changes
2 year fixed rate purchase
[FO30976] 95% LTV, increasing by 11bps from 3.09% to 3.20%, product fee £0, cashback £750
5 year fixed rate purchase
[FO30977] 95% LTV, increasing by 12bps from 3.10% to 3.22%, product fee £0, cashback £750
BTL Range
Buy To Let
New Products
2 year fixed rate purchase
[FO30982] 60% LTV, 2.69%, product fee £0
[FO30983] 75% LTV, 2.74%, product fee £0
2 year fixed rate remortgage
[FO30986] 60% LTV, 2.64%, product fee £0
[FO30987] 75% LTV, 2.74%, product fee £0
5 year fixed rate purchase
[FO30984] 60% LTV, 2.79%, product fee £0
[FO30985] 75% LTV, 2.84%, product fee £0
5 year fixed rate remortgage
[FO30988] 60% LTV, 2.79%, product fee £0
[FO30989] 75% LTV, 2.84%, product fee £0
Existing Customer
Core Range
Residential
Rate Changes
2 year fixed rate switcher
[FO30991] 60% LTV, increasing by 12bps from 2.36% to 2.48%, product fee £0
[FO30993] 75% LTV, increasing by 12bps from 2.40% to 2.52%, product fee £0
[FO30995] 80% LTV, increasing by 16bps from 2.46% to 2.62%, product fee £0
[FO30994] 80% LTV, increasing by 13bps from 2.16% to 2.29%, product fee £995
[FO30996] 85% LTV, increasing by 11bps from 2.19% to 2.30%, product fee £995
[FO30997] 85% LTV, increasing by 16bps from 2.50% to 2.66%, product fee £0
[FO30999] 90% LTV, increasing by 15bps from 2.61% to 2.76%, product fee £0
[FO30998] 90% LTV, increasing by 15bps from 2.35% to 2.50%, product fee £995
5 year fixed rate switcher
[FO31001] 60% LTV, increasing by 13bps from 2.37% to 2.50%, product fee £0
[FO31003] 75% LTV, increasing by 12bps from 2.41% to 2.53%, product fee £0
[FO31002] 75% LTV, increasing by 13bps from 2.15% to 2.28%, product fee £995
5 year fixed rate switcher - high value
[FO31029] 75% LTV, increasing by 10bps from 2.14% to 2.24%, product fee £995
5 year fixed rate switcher
[FO31004] 80% LTV, increasing by 15bps from 2.24% to 2.39%, product fee £995
[FO31005] 80% LTV, increasing by 15bps from 2.51% to 2.66%, product fee £0
[FO31007] 85% LTV, increasing by 15bps from 2.60% to 2.75%, product fee £0
[FO31006] 85% LTV, increasing by 15bps from 2.28% to 2.43%, product fee £995
[FO31008] 90% LTV, increasing by 5bps from 2.91% to 2.96%, product fee £0
New Products
2 year fixed rate switcher - high value
[FO31017] 60% LTV, 2.13%, product fee £995
2 year fixed rate switcher
[FO30990] 60% LTV, 2.16%, product fee £995
[FO30992] 75% LTV, 2.22%, product fee £995
2 year fixed rate switcher - high value
[FO31018] 75% LTV, 2.19%, product fee £995
5 year fixed rate switcher
[FO31000] 60% LTV, 2.19%, product fee £995
5 year fixed rate switcher - high value
[FO31019] 60% LTV, 2.18%, product fee £995
Withdrawn
2 year fixed rate switcher
[FO30782] 60% LTV, 2.02%, product fee £995
[FO30784] 75% LTV, 2.07%, product fee £995
5 year fixed rate switcher
[FO30792] 60% LTV, 2.10%, product fee £995
BTL Standard Switcher Range
Buy To Let
New Products
2 year fixed rate switcher
[FO31021] 60% LTV, 2.64%, product fee £0
[FO31020] 60% LTV, 2.28%, product fee £995
[FO31022] 75% LTV, 2.42%, product fee £995
[FO31023] 75% LTV, 2.73%, product fee £0
[FO31024] 90% LTV, 3.34%, product fee £0
5 year fixed rate switcher
[FO31025] 60% LTV, 2.40%, product fee £995
[FO31026] 60% LTV, 2.68%, product fee £0
[FO31028] 75% LTV, 2.75%, product fee £0
[FO31027] 75% LTV, 2.52%, product fee £995
Withdrawn
2 year fixed rate switcher
[FO30800] 60% LTV, 2.18%, product fee £995
[FO30801] 60% LTV, 2.49%, product fee £0
[FO30803] 75% LTV, 2.58%, product fee £0
[FO30802] 75% LTV, 2.27%, product fee £995
[FO30516] 90% LTV, 3.34%, product fee £0
5 year fixed rate switcher
[FO30805] 60% LTV, 2.53%, product fee £0
[FO30804] 60% LTV, 2.30%, product fee £995
[FO30806] 75% LTV, 2.42%, product fee £995
[FO30807] 75% LTV, 2.60%, 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 Friday 29th April, 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 Tuesday 3rd 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
For a complete listing of all our mortgage products, please visit the product page on our web site.
Effective from Thursday 21 April 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
[FO30859] 80% LTV, decreasing by 12bps from 2.67% to 2.55%, product fee £0
[FO30861] 85% LTV, decreasing by 14bps from 2.72% to 2.58%, product fee £0
[FO30862] 90% LTV, decreasing by 15bps from 2.77% to 2.62%, product fee £0
5 year fixed rate purchase
[FO30863] 60% LTV, decreasing by 7bps from 2.31% to 2.24%, product fee £995
[FO30865] 75% LTV, decreasing by 3bps from 2.31% to 2.28%, product fee £995
[FO30866] 80% LTV, decreasing by 2bps from 2.36% to 2.34%, product fee £995
[FO30867] 80% LTV, decreasing by 16bps from 2.76% to 2.60%, product fee £0
[FO30869] 85% LTV, decreasing by 15bps from 2.81% to 2.66%, product fee £0
[FO30868] 85% LTV, decreasing by 3bps from 2.41% to 2.38%, product fee £995
[FO30871] 90% LTV, decreasing by 23bps from 2.98% to 2.75%, product fee £0
[FO30870] 90% LTV, decreasing by 18bps from 2.68% to 2.50%, product fee £995
New Products
2 year fixed rate purchase
[FO30858] 60% LTV, 2.45%, product fee £0
[FO30860] 75% LTV, 2.50%, product fee £0
2 year fixed rate remortgage
[FO30872] 60% LTV, 2.44%, product fee £0
[FO30873] 75% LTV, 2.54%, product fee £0
5 year fixed rate purchase
[FO30864] 60% LTV, 2.54%, product fee £0
[FO30882] 75% LTV, 2.54%, product fee £0
5 year fixed rate remortgage
[FO30874] 60% LTV, 2.47%, product fee £0
[FO30875] 75% LTV, 2.57%, product fee £0
Mortgage Guarantee
Residential
Rate Changes
5 year fixed rate purchase
[FO30876] 95% LTV, decreasing by 18bps from 3.28% to 3.10%, product fee £0, cashback £750
BTL Range
Buy To Let
New Products
5 year fixed rate purchase
[FO30880] 75% LTV, 2.33%, product fee £1,495
5 year fixed rate remortgage
[FO30881] 60% LTV, 2.28%, product fee £1,495
Green Mortgages
Residential
Rate Changes
5 year fixed rate purchase
[FO30877] 60% LTV, decreasing by 7bps from 2.30% to 2.23%, product fee £995, cashback £350
[FO30878] 75% LTV, decreasing by 3bps from 2.30% to 2.27%, product fee £995, cashback £350
[FO30879] 85% LTV, decreasing by 3bps from 2.40% to 2.37%, product fee £995, cashback £350
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 April, 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 April 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
For a complete listing of all our mortgage products, please visit the product page on our web site.
Effective from Tuesday 12 April 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
[FO30843] 90% LTV, increasing by 6bps from 2.54% to 2.60%, product fee £995
5 year fixed rate purchase
[FO30835] 60% LTV, increasing by 7bps from 2.24% to 2.31%, product fee £995
[FO30836] 75% LTV, increasing by 7bps from 2.24% to 2.31%, product fee £995
[FO30837] 80% LTV, increasing by 5bps from 2.31% to 2.36%, product fee £995
New Products
2 year fixed rate purchase
[FO30832] 80% LTV, 2.67%, product fee £0
[FO30833] 85% LTV, 2.72%, product fee £0
[FO30834] 90% LTV, 2.77%, product fee £0
2 year fixed rate remortgage
[FO30841] 80% LTV, 2.67%, product fee £0
[FO30842] 85% LTV, 2.77%, product fee £0
[FO30844] 90% LTV, 2.89%, product fee £0
5 year fixed rate purchase
[FO30838] 80% LTV, 2.76%, product fee £0
[FO30839] 85% LTV, 2.81%, product fee £0
[FO30840] 90% LTV, 2.98%, product fee £0
5 year fixed rate remortgage
[FO30845] 80% LTV, 2.76%, product fee £0
[FO30846] 85% LTV, 2.86%, product fee £0
[FO30847] 90% LTV, 3.25%, product fee £0
First Time Buyer
Residential
Rate Changes
2 year fixed rate purchase
[FO30848] 85% LTV, increasing by 23bps from 2.50% to 2.73%, product fee £995, cashback £750
[FO30850] 90% LTV, increasing by 22bps from 2.53% to 2.75%, product fee £995, cashback £750
5 year fixed rate purchase
[FO30852] 85% LTV, increasing by 18bps from 2.57% to 2.75%, product fee £995, cashback £750
New Products
2 year fixed rate purchase
[FO30849] 85% LTV, 3.05%, product fee £0, cashback £750
[FO30851] 90% LTV, 3.08%, product fee £0, cashback £750
5 year fixed rate purchase
[FO30853] 85% LTV, 3.07%, product fee £0, cashback £750
[FO30854] 90% LTV, 3.17%, product fee £0, cashback £750
Mortgage Guarantee
Residential
Rate Changes
2 year fixed rate purchase
[FO30855] 95% LTV, increasing by 5bps from 3.04% to 3.09%, product fee £0, cashback £750
Green Mortgages
Residential
Rate Changes
5 year fixed rate purchase
[FO30856] 60% LTV, increasing by 7bps from 2.23% to 2.30%, product fee £995, cashback £350
[FO30857] 75% LTV, increasing by 7bps from 2.23% to 2.30%, product fee £995, cashback £350
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 Monday 11th April, 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 Tuesday 12th April 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
For a complete listing of all our mortgage products, please visit the product page on our web site.
Effective from Tuesday 5 April 2022
Here’s a full list the changes with product codes in brackets:
New Business
Shared Equity
Residential
Rate Changes
2 year fixed rate purchase
[FO30742] 60% LTV, increasing by 40bps from 2.00% to 2.40%, product fee £995, cashback £250
[FO30743] 75% LTV, increasing by 45bps from 2.00% to 2.45%, product fee £995, cashback £250
5 year fixed rate purchase
[FO30744] 60% LTV, increasing by 40bps from 2.04% to 2.44%, product fee £995, cashback £250
[FO30745] 75% LTV, increasing by 45bps from 2.04% to 2.49%, product fee £995, cashback £250
Help to Buy: shared equity
Residential
Rate Changes
2 year fixed rate purchase
[FO30746] 60% LTV, increasing by 40bps from 2.00% to 2.40%, product fee £995, cashback £250
[FO30747] 75% LTV, increasing by 45bps from 2.00% to 2.45%, product fee £995, cashback £250
2 year fixed rate remortgage
[FO30750] 60% LTV, increasing by 40bps from 2.04% to 2.44%, product fee £995, cashback £500
[FO30751] 75% LTV, increasing by 42bps from 2.07% to 2.49%, product fee £995, cashback £500
5 year fixed rate purchase
[FO30748] 60% LTV, increasing by 40bps from 2.04% to 2.44%, product fee £995, cashback £250
[FO30749] 75% LTV, increasing by 45bps from 2.04% to 2.49%, product fee £995, cashback £250
5 year fixed rate remortgage
[FO30752] 60% LTV, increasing by 37bps from 2.10% to 2.47%, product fee £995, cashback £500
[FO30753] 75% LTV, increasing by 35bps from 2.17% to 2.52%, product fee £995, cashback £500
BTL Range
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO30754] 60% LTV, increasing by 8bps from 2.31% to 2.39%, product fee £995
[FO30755] 75% LTV, increasing by 9bps from 2.35% to 2.44%, product fee £995
2 year fixed rate remortgage
[FO30758] 60% LTV, increasing by 9bps from 2.25% to 2.34%, product fee £995
[FO30759] 75% LTV, increasing by 8bps from 2.36% to 2.44%, product fee £995
5 year fixed rate purchase
[FO30756] 60% LTV, increasing by 8bps from 2.41% to 2.49%, product fee £995
[FO30757] 75% LTV, increasing by 10bps from 2.44% to 2.54%, product fee £995
5 year fixed rate remortgage
[FO30760] 60% LTV, increasing by 10bps from 2.39% to 2.49%, product fee £995
[FO30761] 75% LTV, increasing by 11bps from 2.43% to 2.54%, product fee £995
Green Mortgages
Residential
Rate Changes
2 year fixed rate purchase
[FO30762] 60% LTV, increasing by 25bps from 1.94% to 2.19%, product fee £995, cashback £250
[FO30763] 75% LTV, increasing by 25bps from 1.94% to 2.19%, product fee £995, cashback £250
[FO30764] 85% LTV, increasing by 35bps from 2.01% to 2.36%, product fee £995, cashback £250
2 year fixed rate remortgage
[FO30768] 60% LTV, increasing by 25bps from 1.98% to 2.23%, product fee £995, cashback £250
[FO30769] 75% LTV, increasing by 25bps from 1.98% to 2.23%, product fee £995, cashback £250
[FO30770] 85% LTV, increasing by 40bps from 2.01% to 2.41%, product fee £995, cashback £250
5 year fixed rate purchase
[FO30765] 60% LTV, increasing by 25bps from 1.98% to 2.23%, product fee £995, cashback £350
[FO30766] 75% LTV, increasing by 25bps from 1.98% to 2.23%, product fee £995, cashback £350
[FO30767] 85% LTV, increasing by 35bps from 2.05% to 2.40%, product fee £995, cashback £350
5 year fixed rate remortgage
[FO30771] 60% LTV, increasing by 25bps from 2.01% to 2.26%, product fee £995, cashback £250
[FO30772] 75% LTV, increasing by 25bps from 2.01% to 2.26%, product fee £995, cashback £250
[FO30773] 85% LTV, increasing by 40bps from 2.10% to 2.50%, product fee £995, cashback £350
BTL Green Mortgages
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO30774] 65% LTV, increasing by 33bps from 2.05% to 2.38%, product fee £995
[FO30775] 75% LTV, increasing by 34bps from 2.09% to 2.43%, product fee £995
2 year fixed rate remortgage
[FO30778] 65% LTV, increasing by 34bps from 1.99% to 2.33%, product fee £995
[FO30779] 75% LTV, increasing by 43bps from 2.00% to 2.43%, product fee £995
5 year fixed rate purchase
[FO30776] 65% LTV, increasing by 33bps from 2.15% to 2.48%, product fee £995
[FO30777] 75% LTV, increasing by 35bps from 2.18% to 2.53%, product fee £995
5 year fixed rate remortgage
[FO30780] 65% LTV, increasing by 35bps from 2.13% to 2.48%, product fee £995
[FO30781] 75% LTV, increasing by 36bps from 2.17% to 2.53%, product fee £995
Existing Customer
Core Range
Residential
Rate Changes
2 year fixed rate switcher
[FO30782] 60% LTV, increasing by 18bps from 1.84% to 2.02%, product fee £995
[FO30783] 60% LTV, increasing by 22bps from 2.14% to 2.36%, product fee £0
[FO30785] 75% LTV, increasing by 26bps from 2.14% to 2.40%, product fee £0
[FO30784] 75% LTV, increasing by 23bps from 1.84% to 2.07%, product fee £995
[FO30787] 80% LTV, increasing by 23bps from 2.23% to 2.46%, product fee £0
[FO30786] 80% LTV, increasing by 20bps from 1.96% to 2.16%, product fee £995
[FO30789] 85% LTV, increasing by 24bps from 2.26% to 2.50%, product fee £0
[FO30788] 85% LTV, increasing by 20bps from 1.99% to 2.19%, product fee £995
[FO30791] 90% LTV, increasing by 17bps from 2.44% to 2.61%, product fee £0
[FO30790] 90% LTV, increasing by 12bps from 2.23% to 2.35%, product fee £995
5 year fixed rate switcher
[FO30793] 60% LTV, increasing by 24bps from 2.13% to 2.37%, product fee £0
[FO30792] 60% LTV, increasing by 16bps from 1.94% to 2.10%, product fee £995
5 year fixed rate switcher - high value
[FO30808] 75% LTV, increasing by 16bps from 1.98% to 2.14%, product fee £995
5 year fixed rate switcher
[FO30795] 75% LTV, increasing by 23bps from 2.18% to 2.41%, product fee £0
[FO30794] 75% LTV, increasing by 16bps from 1.99% to 2.15%, product fee £995
[FO30797] 80% LTV, increasing by 22bps from 2.29% to 2.51%, product fee £0
[FO30796] 80% LTV, increasing by 15bps from 2.09% to 2.24%, product fee £995
[FO30799] 85% LTV, increasing by 21bps from 2.39% to 2.60%, product fee £0
[FO30798] 85% LTV, increasing by 16bps from 2.12% to 2.28%, product fee £995
BTL Standard Switcher Range
Buy To Let
Rate Changes
2 year fixed rate switcher
[FO30801] 60% LTV, increasing by 27bps from 2.22% to 2.49%, product fee £0
[FO30800] 60% LTV, increasing by 30bps from 1.88% to 2.18%, product fee £995
[FO30803] 75% LTV, increasing by 24bps from 2.34% to 2.58%, product fee £0
[FO30802] 75% LTV, increasing by 28bps from 1.99% to 2.27%, product fee £995
5 year fixed rate switcher
[FO30804] 60% LTV, increasing by 16bps from 2.14% to 2.30%, product fee £995
[FO30805] 60% LTV, increasing by 15bps from 2.38% to 2.53%, product fee £0
[FO30806] 75% LTV, increasing by 23bps from 2.19% to 2.42%, product fee £995
[FO30807] 75% LTV, increasing by 17bps from 2.43% to 2.60%, 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 4th April, 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 Tuesday 5th April 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 and we will make the necessary changes and send you an update mortgage illustration.
For a complete listing of all our mortgage products, please visit the product page on our web site.
Effective from Tuesday 22 March 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
[FO30555] 60% LTV, increasing by 25bps from 1.95% to 2.20%, product fee £995
[FO30556] 75% LTV, increasing by 25bps from 1.95% to 2.20%, product fee £995
[FO30557] 80% LTV, increasing by 25bps from 2.02% to 2.27%, product fee £995
[FO30558] 85% LTV, increasing by 15bps from 2.22% to 2.37%, product fee £995
[FO30559] 90% LTV, increasing by 15bps from 2.27% to 2.42%, product fee £995
2 year fixed rate remortgage
[FO30564] 60% LTV, increasing by 25bps from 1.99% to 2.24%, product fee £995
[FO30565] 75% LTV, increasing by 25bps from 1.99% to 2.24%, product fee £995
[FO30566] 80% LTV, increasing by 25bps from 2.02% to 2.27%, product fee £995
[FO30567] 85% LTV, increasing by 20bps from 2.22% to 2.42%, product fee £995
5 year fixed rate purchase
[FO30560] 60% LTV, increasing by 25bps from 1.99% to 2.24%, product fee £995
[FO30561] 75% LTV, increasing by 25bps from 1.99% to 2.24%, product fee £995
[FO30562] 80% LTV, increasing by 25bps from 2.06% to 2.31%, product fee £995
[FO30563] 85% LTV, increasing by 15bps from 2.26% to 2.41%, product fee £995
5 year fixed rate remortgage
[FO30568] 60% LTV, increasing by 25bps from 2.02% to 2.27%, product fee £995
[FO30569] 75% LTV, increasing by 25bps from 2.02% to 2.27%, product fee £995
[FO30570] 80% LTV, increasing by 25bps from 2.11% to 2.36%, product fee £995
[FO30571] 85% LTV, increasing by 20bps from 2.31% to 2.51%, product fee £995
First Time Buyer
Residential
Rate Changes
2 year fixed rate purchase
[FO30572] 85% LTV, increasing by 15bps from 2.35% to 2.50%, product fee £995, cashback £750
[FO30573] 90% LTV, increasing by 15bps from 2.38% to 2.53%, product fee £995, cashback £750
5 year fixed rate purchase
[FO30574] 85% LTV, increasing by 15bps from 2.42% to 2.57%, product fee £995, cashback £750
[FO30575] 90% LTV, increasing by 15bps from 2.72% to 2.87%, product fee £995, cashback £750
BTL Range
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO30576] 60% LTV, increasing by 25bps from 2.06% to 2.31%, product fee £995
[FO30577] 75% LTV, increasing by 25bps from 2.10% to 2.35%, product fee £995
2 year fixed rate remortgage
[FO30580] 60% LTV, increasing by 25bps from 2.00% to 2.25%, product fee £995
[FO30581] 75% LTV, increasing by 35bps from 2.01% to 2.36%, product fee £995
5 year fixed rate purchase
[FO30578] 60% LTV, increasing by 25bps from 2.16% to 2.41%, product fee £995
[FO30579] 75% LTV, increasing by 25bps from 2.19% to 2.44%, product fee £995
5 year fixed rate remortgage
[FO30582] 60% LTV, increasing by 25bps from 2.14% to 2.39%, product fee £995
[FO30583] 75% LTV, increasing by 25bps from 2.18% to 2.43%, 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 Monday 21st, 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 Tuesday 22nd March 2022. Requests received after this time will not be considered.
For a complete listing of all our mortgage products, please visit the product page on our web site.
Effective from Monday 14 March 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
[FO30541] 85% LTV, increasing by 20bps from 2.02% to 2.22%, product fee £995
[FO30542] 90% LTV, increasing by 20bps from 2.07% to 2.27%, product fee £995
2 year fixed rate remortgage
[FO30545] 85% LTV, increasing by 20bps from 2.02% to 2.22%, product fee £995
[FO30546] 90% LTV, increasing by 20bps from 2.34% to 2.54%, product fee £995
5 year fixed rate purchase
[FO30543] 85% LTV, increasing by 20bps from 2.06% to 2.26%, product fee £995
[FO30544] 90% LTV, increasing by 20bps from 2.48% to 2.68%, product fee £995
5 year fixed rate remortgage
[FO30547] 85% LTV, increasing by 20bps from 2.11% to 2.31%, product fee £995
[FO30548] 90% LTV, increasing by 20bps from 2.75% to 2.95%, product fee £995
Withdrawn
2 year fixed rate purchase
[FO30374] 60% LTV, 2.17%, product fee £0
[FO30376] 75% LTV, 2.17%, product fee £0
[FO30378] 80% LTV, 2.22%, product fee £0
[FO30380] 85% LTV, 2.22%, product fee £0
[FO30382] 90% LTV, 2.30%, product fee £0
2 year fixed rate remortgage
[FO30394] 60% LTV, 2.20%, product fee £0
[FO30396] 75% LTV, 2.20%, product fee £0
[FO30398] 80% LTV, 2.26%, product fee £0
[FO30400] 85% LTV, 2.26%, product fee £0
[FO30402] 90% LTV, 2.60%, product fee £0
5 year fixed rate purchase
[FO30384] 60% LTV, 2.21%, product fee £0
[FO30386] 75% LTV, 2.21%, product fee £0
[FO30388] 80% LTV, 2.26%, product fee £0
[FO30390] 85% LTV, 2.26%, product fee £0
[FO30392] 90% LTV, 2.63%, product fee £0
5 year fixed rate remortgage
[FO30404] 60% LTV, 2.26%, product fee £0
[FO30406] 75% LTV, 2.26%, product fee £0
[FO30408] 80% LTV, 2.31%, product fee £0
[FO30410] 85% LTV, 2.31%, product fee £0
[FO30412] 90% LTV, 2.79%, product fee £0
First Time Buyer
Residential
Rate Changes
2 year fixed rate purchase
[FO30549] 85% LTV, increasing by 20bps from 2.15% to 2.35%, product fee £995, cashback £750
[FO30550] 90% LTV, increasing by 20bps from 2.18% to 2.38%, product fee £995, cashback £750
5 year fixed rate purchase
[FO30551] 85% LTV, increasing by 20bps from 2.22% to 2.42%, product fee £995, cashback £750
[FO30552] 90% LTV, increasing by 20bps from 2.52% to 2.72%, product fee £995, cashback £750
Withdrawn
2 year fixed rate purchase
[FO30414] 85% LTV, 2.42%, product fee £0, cashback £750
[FO30416] 90% LTV, 2.52%, product fee £0, cashback £750
5 year fixed rate purchase
[FO30418] 85% LTV, 2.44%, product fee £0, cashback £750
[FO30420] 90% LTV, 2.76%, product fee £0, cashback £750
Shared Equity
Residential
Withdrawn
2 year fixed rate purchase
[FO30422] 60% LTV, 2.22%, product fee £0
[FO30424] 75% LTV, 2.22%, product fee £0
5 year fixed rate purchase
[FO30426] 60% LTV, 2.26%, product fee £0
[FO30428] 75% LTV, 2.26%, product fee £0
Help to Buy: shared equity
Residential
Withdrawn
2 year fixed rate purchase
[FO30430] 60% LTV, 2.22%, product fee £0
[FO30432] 75% LTV, 2.22%, product fee £0
2 year fixed rate remortgage
[FO30438] 60% LTV, 2.37%, product fee £0, cashback £500
[FO30440] 75% LTV, 2.55%, product fee £0, cashback £500
5 year fixed rate purchase
[FO30434] 60% LTV, 2.26%, product fee £0
[FO30436] 75% LTV, 2.26%, product fee £0
5 year fixed rate remortgage
[FO30442] 60% LTV, 2.45%, product fee £0, cashback £500
[FO30444] 75% LTV, 2.60%, product fee £0, cashback £500
Mortgage Guarantee
Residential
Rate Changes
2 year fixed rate purchase
[FO30553] 95% LTV, increasing by 20bps from 2.84% to 3.04%, product fee £0, cashback £750
5 year fixed rate purchase
[FO30554] 95% LTV, increasing by 20bps from 3.08% to 3.28%, product fee £0, cashback £750
BTL Range
Buy To Let
Withdrawn
2 year fixed rate purchase
[FO30446] 60% LTV, 2.31%, product fee £0
[FO30448] 75% LTV, 2.35%, product fee £0
2 year fixed rate remortgage
[FO30454] 60% LTV, 2.25%, product fee £0
[FO30456] 75% LTV, 2.25%, product fee £0
5 year fixed rate purchase
[FO30450] 60% LTV, 2.37%, product fee £0
[FO30452] 75% LTV, 2.45%, product fee £0
[FO30481] 75% LTV, 2.06%, product fee £1,995
5 year fixed rate remortgage
[FO30458] 60% LTV, 2.30%, product fee £0
[FO30482] 60% LTV, 1.95%, product fee £1,995
[FO30460] 75% LTV, 2.40%, 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 Friday 11th March, 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 Monday 14th March 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 and we will make the necessary changes and send you an update mortgage illustration.
For a complete listing of all our mortgage products, please visit the product page on our web site.
Effective from Thursday 10 March 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
[FO30374] 60% LTV, increasing by 15bps from 2.02% to 2.17%, product fee £0
[FO30373] 60% LTV, increasing by 22bps from 1.73% to 1.95%, product fee £995
[FO30376] 75% LTV, increasing by 15bps from 2.02% to 2.17%, product fee £0
[FO30375] 75% LTV, increasing by 22bps from 1.73% to 1.95%, product fee £995
[FO30377] 80% LTV, increasing by 29bps from 1.73% to 2.02%, product fee £995
[FO30378] 80% LTV, increasing by 20bps from 2.02% to 2.22%, product fee £0
[FO30380] 85% LTV, increasing by 20bps from 2.02% to 2.22%, product fee £0
[FO30379] 85% LTV, increasing by 29bps from 1.73% to 2.02%, product fee £995
[FO30382] 90% LTV, increasing by 20bps from 2.10% to 2.30%, product fee £0
[FO30381] 90% LTV, increasing by 27bps from 1.80% to 2.07%, product fee £995
2 year fixed rate remortgage
[FO30394] 60% LTV, increasing by 15bps from 2.05% to 2.20%, product fee £0
[FO30393] 60% LTV, increasing by 22bps from 1.77% to 1.99%, product fee £995
[FO30395] 75% LTV, increasing by 22bps from 1.77% to 1.99%, product fee £995
[FO30396] 75% LTV, increasing by 15bps from 2.05% to 2.20%, product fee £0
[FO30398] 80% LTV, increasing by 21bps from 2.05% to 2.26%, product fee £0
[FO30397] 80% LTV, increasing by 25bps from 1.77% to 2.02%, product fee £995
[FO30400] 85% LTV, increasing by 21bps from 2.05% to 2.26%, product fee £0
[FO30399] 85% LTV, increasing by 25bps from 1.77% to 2.02%, product fee £995
5 year fixed rate purchase
[FO30390] 85% LTV, increasing by 4bps from 2.22% to 2.26%, product fee £0
[FO30389] 85% LTV, increasing by 8bps from 1.98% to 2.06%, product fee £995
[FO30391] 90% LTV, increasing by 7bps from 2.41% to 2.48%, product fee £995
[FO30392] 90% LTV, increasing by 7bps from 2.56% to 2.63%, product fee £0
5 year fixed rate remortgage
[FO30403] 60% LTV, increasing by 14bps from 1.88% to 2.02%, product fee £995
[FO30404] 60% LTV, increasing by 12bps from 2.14% to 2.26%, product fee £0
[FO30405] 75% LTV, increasing by 14bps from 1.88% to 2.02%, product fee £995
[FO30406] 75% LTV, increasing by 12bps from 2.14% to 2.26%, product fee £0
[FO30408] 80% LTV, increasing by 17bps from 2.14% to 2.31%, product fee £0
[FO30407] 80% LTV, increasing by 23bps from 1.88% to 2.11%, product fee £995
[FO30409] 85% LTV, increasing by 4bps from 2.07% to 2.11%, product fee £995
[FO30410] 85% LTV, increasing by 3bps from 2.28% to 2.31%, product fee £0
[FO30411] 90% LTV, increasing by 7bps from 2.68% to 2.75%, product fee £995
[FO30412] 90% LTV, increasing by 7bps from 2.72% to 2.79%, product fee £0
Rate Changes and Cashback Changes
2 year fixed rate remortgage
[FO30402] 90% LTV, increasing by 21bps from 2.39% to 2.60%, product fee £0, cashback decreasing from £250 to £0
[FO30401] 90% LTV, increasing by 21bps from 2.13% to 2.34%, product fee £995, cashback decreasing from £250 to £0
5 year fixed rate purchase
[FO30384] 60% LTV, increasing by 17bps from 2.04% to 2.21%, product fee £0, cashback decreasing from £250 to £0
[FO30383] 60% LTV, increasing by 12bps from 1.87% to 1.99%, product fee £995, cashback decreasing from £250 to £0
[FO30385] 75% LTV, increasing by 12bps from 1.87% to 1.99%, product fee £995, cashback decreasing from £250 to £0
[FO30386] 75% LTV, increasing by 17bps from 2.04% to 2.21%, product fee £0, cashback decreasing from £250 to £0
[FO30388] 80% LTV, increasing by 22bps from 2.04% to 2.26%, product fee £0, cashback decreasing from £250 to £0
[FO30387] 80% LTV, increasing by 19bps from 1.87% to 2.06%, product fee £995, cashback decreasing from £250 to £0
First Time Buyer
Residential
Rate Changes
2 year fixed rate purchase
[FO30413] 85% LTV, increasing by 32bps from 1.83% to 2.15%, product fee £995, cashback £750
[FO30414] 85% LTV, increasing by 23bps from 2.19% to 2.42%, product fee £0, cashback £750
[FO30415] 90% LTV, increasing by 27bps from 1.91% to 2.18%, product fee £995, cashback £750
[FO30416] 90% LTV, increasing by 10bps from 2.42% to 2.52%, product fee £0, cashback £750
5 year fixed rate purchase
[FO30418] 85% LTV, increasing by 9bps from 2.35% to 2.44%, product fee £0, cashback £750
[FO30417] 85% LTV, increasing by 15bps from 2.07% to 2.22%, product fee £995, cashback £750
[FO30420] 90% LTV, increasing by 7bps from 2.69% to 2.76%, product fee £0, cashback £750
[FO30419] 90% LTV, increasing by 7bps from 2.45% to 2.52%, product fee £995, cashback £750
Shared Equity
Residential
Rate Changes
2 year fixed rate purchase
[FO30421] 60% LTV, increasing by 26bps from 1.74% to 2.00%, product fee £995, cashback £250
[FO30422] 60% LTV, increasing by 14bps from 2.08% to 2.22%, product fee £0
[FO30424] 75% LTV, increasing by 12bps from 2.10% to 2.22%, product fee £0
[FO30423] 75% LTV, increasing by 21bps from 1.79% to 2.00%, product fee £995, cashback £250
5 year fixed rate purchase
[FO30425] 60% LTV, increasing by 15bps from 1.89% to 2.04%, product fee £995, cashback £250
[FO30426] 60% LTV, increasing by 13bps from 2.13% to 2.26%, product fee £0
[FO30428] 75% LTV, increasing by 13bps from 2.13% to 2.26%, product fee £0
[FO30427] 75% LTV, increasing by 13bps from 1.91% to 2.04%, product fee £995, cashback £250
Help to Buy: shared equity
Residential
Rate Changes
2 year fixed rate purchase
[FO30430] 60% LTV, increasing by 14bps from 2.08% to 2.22%, product fee £0
[FO30429] 60% LTV, increasing by 26bps from 1.74% to 2.00%, product fee £995, cashback £250
[FO30431] 75% LTV, increasing by 21bps from 1.79% to 2.00%, product fee £995, cashback £250
[FO30432] 75% LTV, increasing by 12bps from 2.10% to 2.22%, product fee £0
2 year fixed rate remortgage
[FO30437] 60% LTV, increasing by 19bps from 1.85% to 2.04%, product fee £995, cashback £500
[FO30438] 60% LTV, increasing by 7bps from 2.30% to 2.37%, product fee £0, cashback £500
[FO30440] 75% LTV, increasing by 7bps from 2.48% to 2.55%, product fee £0, cashback £500
[FO30439] 75% LTV, increasing by 7bps from 2.00% to 2.07%, product fee £995, cashback £500
5 year fixed rate purchase
[FO30433] 60% LTV, increasing by 15bps from 1.89% to 2.04%, product fee £995, cashback £250
[FO30434] 60% LTV, increasing by 13bps from 2.13% to 2.26%, product fee £0
[FO30436] 75% LTV, increasing by 13bps from 2.13% to 2.26%, product fee £0
[FO30435] 75% LTV, increasing by 13bps from 1.91% to 2.04%, product fee £995, cashback £250
5 year fixed rate remortgage
[FO30441] 60% LTV, increasing by 7bps from 2.03% to 2.10%, product fee £995, cashback £500
[FO30442] 60% LTV, increasing by 7bps from 2.38% to 2.45%, product fee £0, cashback £500
[FO30444] 75% LTV, increasing by 7bps from 2.53% to 2.60%, product fee £0, cashback £500
[FO30443] 75% LTV, increasing by 7bps from 2.10% to 2.17%, product fee £995, cashback £500
BTL Range
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO30445] 60% LTV, increasing by 32bps from 1.74% to 2.06%, product fee £995
[FO30446] 60% LTV, increasing by 23bps from 2.08% to 2.31%, product fee £0
[FO30448] 75% LTV, increasing by 27bps from 2.08% to 2.35%, product fee £0
[FO30447] 75% LTV, increasing by 32bps from 1.78% to 2.10%, product fee £995
2 year fixed rate remortgage
[FO30454] 60% LTV, increasing by 27bps from 1.98% to 2.25%, product fee £0
[FO30453] 60% LTV, increasing by 27bps from 1.73% to 2.00%, product fee £995
[FO30456] 75% LTV, increasing by 27bps from 1.98% to 2.25%, product fee £0
[FO30455] 75% LTV, increasing by 22bps from 1.79% to 2.01%, product fee £995
5 year fixed rate purchase
[FO30449] 60% LTV, increasing by 20bps from 1.96% to 2.16%, product fee £995
[FO30450] 60% LTV, increasing by 18bps from 2.19% to 2.37%, product fee £0
[FO30451] 75% LTV, increasing by 15bps from 2.04% to 2.19%, product fee £995
[FO30452] 75% LTV, increasing by 17bps from 2.28% to 2.45%, product fee £0
5 year fixed rate remortgage
[FO30458] 60% LTV, increasing by 15bps from 2.15% to 2.30%, product fee £0
[FO30457] 60% LTV, increasing by 22bps from 1.92% to 2.14%, product fee £995
[FO30460] 75% LTV, increasing by 22bps from 2.18% to 2.40%, product fee £0
[FO30459] 75% LTV, increasing by 20bps from 1.98% to 2.18%, product fee £995
Rate Changes and Fee Changes
5 year fixed rate purchase
[FO30481] 75% LTV, increasing by 14bps from 1.92% to 2.06%, product fee increasing from £1,495 to £1,995
5 year fixed rate remortgage
[FO30482] 60% LTV, increasing by 18bps from 1.77% to 1.95%, product fee increasing from £1,495 to £1,995
Green Mortgages
Residential
Rate Changes
2 year fixed rate purchase
[FO30461] 60% LTV, increasing by 32bps from 1.62% to 1.94%, product fee £995, cashback £250
[FO30462] 75% LTV, increasing by 27bps from 1.67% to 1.94%, product fee £995, cashback £250
[FO30463] 85% LTV, increasing by 29bps from 1.72% to 2.01%, product fee £995, cashback £250
2 year fixed rate remortgage
[FO30467] 60% LTV, increasing by 43bps from 1.55% to 1.98%, product fee £995, cashback £250
[FO30468] 75% LTV, increasing by 30bps from 1.68% to 1.98%, product fee £995, cashback £250
[FO30469] 85% LTV, increasing by 25bps from 1.76% to 2.01%, product fee £995, cashback £250
5 year fixed rate purchase
[FO30464] 60% LTV, increasing by 20bps from 1.78% to 1.98%, product fee £995, cashback £350
[FO30465] 75% LTV, increasing by 18bps from 1.80% to 1.98%, product fee £995, cashback £350
[FO30466] 85% LTV, increasing by 8bps from 1.97% to 2.05%, product fee £995, cashback £350
5 year fixed rate remortgage
[FO30470] 60% LTV, increasing by 29bps from 1.72% to 2.01%, product fee £995, cashback £250
[FO30472] 85% LTV, increasing by 5bps from 2.05% to 2.10%, product fee £995, cashback £350
Rate Changes and Cashback Changes
5 year fixed rate remortgage
[FO30471] 75% LTV, increasing by 24bps from 1.77% to 2.01%, product fee £995, cashback decreasing from £350 to £250
BTL Green Mortgages
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO30473] 65% LTV, increasing by 32bps from 1.73% to 2.05%, product fee £995
[FO30474] 75% LTV, increasing by 32bps from 1.77% to 2.09%, product fee £995
2 year fixed rate remortgage
[FO30477] 65% LTV, increasing by 27bps from 1.72% to 1.99%, product fee £995
[FO30478] 75% LTV, increasing by 22bps from 1.78% to 2.00%, product fee £995
5 year fixed rate purchase
[FO30475] 65% LTV, increasing by 20bps from 1.95% to 2.15%, product fee £995
[FO30476] 75% LTV, increasing by 15bps from 2.03% to 2.18%, product fee £995
5 year fixed rate remortgage
[FO30479] 65% LTV, increasing by 22bps from 1.91% to 2.13%, product fee £995
[FO30480] 75% LTV, increasing by 20bps from 1.97% to 2.17%, product fee £995
Existing Customer
Core Range
Residential
Rate Changes
2 year fixed rate switcher
[FO30484] 60% LTV, increasing by 35bps from 1.79% to 2.14%, product fee £0
[FO30483] 60% LTV, increasing by 30bps from 1.54% to 1.84%, product fee £995
[FO30486] 75% LTV, increasing by 30bps from 1.84% to 2.14%, product fee £0
[FO30485] 75% LTV, increasing by 27bps from 1.57% to 1.84%, product fee £995
[FO30488] 80% LTV, increasing by 30bps from 1.93% to 2.23%, product fee £0
[FO30487] 80% LTV, increasing by 27bps from 1.69% to 1.96%, product fee £995
[FO30490] 85% LTV, increasing by 30bps from 1.96% to 2.26%, product fee £0
[FO30489] 85% LTV, increasing by 27bps from 1.72% to 1.99%, product fee £995
[FO30492] 90% LTV, increasing by 4bps from 2.40% to 2.44%, product fee £0
[FO30491] 90% LTV, increasing by 14bps from 2.09% to 2.23%, product fee £995
[FO30494] 100% LTV, increasing by 4bps from 3.10% to 3.14%, product fee £0
[FO30493] 100% LTV, increasing by 4bps from 2.90% to 2.94%, product fee £995
5 year fixed rate switcher
[FO30496] 60% LTV, increasing by 23bps from 1.90% to 2.13%, product fee £0
[FO30495] 60% LTV, increasing by 26bps from 1.68% to 1.94%, product fee £995
[FO30497] 75% LTV, increasing by 23bps from 1.76% to 1.99%, product fee £995
[FO30498] 75% LTV, increasing by 26bps from 1.92% to 2.18%, product fee £0
5 year fixed rate switcher - high value
[FO30513] 75% LTV, increasing by 23bps from 1.75% to 1.98%, product fee £995
5 year fixed rate switcher
[FO30500] 80% LTV, increasing by 10bps from 2.19% to 2.29%, product fee £0
[FO30499] 80% LTV, increasing by 20bps from 1.89% to 2.09%, product fee £995
[FO30501] 85% LTV, increasing by 4bps from 2.08% to 2.12%, product fee £995
[FO30502] 85% LTV, decreasing by 5bps from 2.44% to 2.39%, product fee £0
[FO30503] 90% LTV, increasing by 4bps from 2.76% to 2.80%, product fee £995
[FO30504] 90% LTV, decreasing by 21bps from 3.12% to 2.91%, product fee £0
Withdrawn
2 year fixed rate switcher
[FO30182] 70% LTV, 1.84%, product fee £0
[FO30181] 70% LTV, 1.57%, product fee £995
5 year fixed rate switcher
[FO30191] 70% LTV, 1.76%, product fee £995
[FO30192] 70% LTV, 1.92%, product fee £0
5 year fixed rate switcher - high value
[FO30208] 70% LTV, 1.75%, product fee £995
BTL Standard Switcher Range
Buy To Let
Rate Changes
2 year fixed rate switcher
[FO30506] 60% LTV, increasing by 23bps from 1.99% to 2.22%, product fee £0
[FO30505] 60% LTV, increasing by 22bps from 1.66% to 1.88%, product fee £995
[FO30508] 75% LTV, increasing by 20bps from 2.14% to 2.34%, product fee £0
[FO30507] 75% LTV, increasing by 14bps from 1.85% to 1.99%, product fee £995
[FO30516] 90% LTV, increasing by 4bps from 3.30% to 3.34%, product fee £0
5 year fixed rate switcher
[FO30509] 60% LTV, increasing by 29bps from 1.85% to 2.14%, product fee £995
[FO30510] 60% LTV, increasing by 20bps from 2.18% to 2.38%, product fee £0
[FO30511] 75% LTV, increasing by 17bps from 2.02% to 2.19%, product fee £995
[FO30512] 75% LTV, increasing by 9bps from 2.34% to 2.43%, product fee £0
Withdrawn
2 year fixed rate switcher
[FO30198] 70% LTV, 1.85%, product fee £995
[FO30199] 70% LTV, 2.14%, product fee £0
5 year fixed rate switcher
[FO30204] 70% LTV, 2.02%, product fee £995
[FO30205] 70% LTV, 2.34%, product fee £0
End dates
2 Year Term End Dates Moving from 30 April 2024 to 31 July 2024
5 Year Term End Dates Moving from 30 April 2027 to 31 July 2027
Transitional arrangements
You’ll be able to produce Mortgage Illustrations and submit applications online for existing deals up to 10:30pm Wednesday 9 March, 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 e-mail your BDM by midday on Thursday 10 March 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 for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
- State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange
Paper applications must be signed by all applicants and the original received at the following address by close of business on Monday 14th March 2022 for your rate to be honoured:
FREEPOST NatWest Intermediary Solutions
Mortgage Centre
Cartsdyke Avenue
Greenock
PA15 1ED
For a complete listing of all our mortgage products, please visit the product page on our web site.
2022 News Articles
Effective from Tuesday 1 March 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
[FO30220] 60% LTV, increasing by 21bps from 1.56% to 1.77%, product fee £995
[FO30221] 60% LTV, increasing by 22bps from 1.83% to 2.05%, product fee £0
5 year fixed rate purchase
[FO30216] 60% LTV, increasing by 8bps from 1.79% to 1.87%, product fee £995, cashback £250
[FO30217] 60% LTV, increasing by 8bps from 1.96% to 2.04%, product fee £0, cashback £250
[FO30218] 75% LTV, increasing by 6bps from 1.81% to 1.87%, product fee £995, cashback £250
[FO30219] 75% LTV, increasing by 5bps from 1.99% to 2.04%, product fee £0, cashback £250
5 year fixed rate remortgage
[FO30229] 60% LTV, increasing by 21bps from 1.93% to 2.14%, product fee £0
[FO30228] 60% LTV, increasing by 15bps from 1.73% to 1.88%, product fee £995
[FO30231] 75% LTV, increasing by 17bps from 1.97% to 2.14%, product fee £0
[FO30230] 75% LTV, increasing by 10bps from 1.78% to 1.88%, product fee £995
Rate Changes and Cashback Changes
2 year fixed rate purchase
[FO30211] 60% LTV, increasing by 9bps from 1.93% to 2.02%, product fee £0, cashback decreasing from £250 to £0
[FO30210] 60% LTV, increasing by 10bps from 1.63% to 1.73%, product fee £995, cashback decreasing from £250 to £0
[FO30213] 75% LTV, increasing by 7bps from 1.95% to 2.02%, product fee £0, cashback decreasing from £250 to £0
[FO30212] 75% LTV, increasing by 5bps from 1.68% to 1.73%, product fee £995, cashback decreasing from £250 to £0
[FO30215] 80% LTV, increasing by 2bps from 2.00% to 2.02%, product fee £0, cashback decreasing from £250 to £0
[FO30214] 80% LTV, increasing by 3bps from 1.70% to 1.73%, product fee £995, cashback decreasing from £250 to £0
2 year fixed rate remortgage
[FO30222] 75% LTV, increasing by 8bps from 1.69% to 1.77%, product fee £995, cashback decreasing from £250 to £0
[FO30223] 75% LTV, increasing by 11bps from 1.94% to 2.05%, product fee £0, cashback decreasing from £250 to £0
[FO30225] 80% LTV, increasing by 8bps from 1.97% to 2.05%, product fee £0, cashback decreasing from £250 to £0
[FO30224] 80% LTV, increasing by 2bps from 1.75% to 1.77%, product fee £995, cashback decreasing from £250 to £0
Cashback Changes
2 year fixed rate remortgage
[FO30227] 85% LTV, 2.05%, product fee £0, cashback decreasing from £250 to £0
[FO30226] 85% LTV, 1.77%, product fee £995, cashback decreasing from £250 to £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 Monday 28 February, 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 e-mail your BDM by midday on Tuesday 1 March 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 for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
- State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange
Paper applications must be signed by all applicants and the original received at the following address by close of business on Thursday 3 March 2022 for your rate to be honoured:
FREEPOST NatWest Intermediary Solutions
Mortgage Centre
Cartsdyke Avenue
Greenock
PA15 1ED
From Monday 21st February the Standard Variable Rates (SVRs) for our residential 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 mortgage deals will be 3.99%. There is no change for Buy-to-Let mortgage deals, which will remain at 4.24%.
All existing NatWest mortgage customers on an SVR will have their rate increased with effect from the 1st March.
Customers currently on a fixed rate deal or awaiting completion will move onto 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 our product page
Effective from Wednesday 9 February 2022
Here’s a full list the changes with product codes in brackets:
New Business
No Changes
Existing Customer
Core Range
Residential
Rate Changes
2 year fixed rate switcher
[FO29832] 60% LTV, increasing by 10bps from 1.59% to 1.69%, product fee £0
[FO29831] 60% LTV, increasing by 5bps from 1.39% to 1.44%, product fee £995
[FO29834] 70% LTV, increasing by 9bps from 1.68% to 1.77%, product fee £0
[FO29833] 70% LTV, increasing by 4bps from 1.45% to 1.49%, product fee £995
[FO29836] 75% LTV, increasing by 9bps from 1.68% to 1.77%, product fee £0
[FO29835] 75% LTV, increasing by 4bps from 1.45% to 1.49%, product fee £995
[FO29837] 80% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995
[FO29838] 85% LTV, increasing by 5bps from 1.64% to 1.69%, product fee £995
5 year fixed rate switcher
[FO29840] 60% LTV, increasing by 7bps from 1.74% to 1.81%, product fee £0
[FO29839] 60% LTV, increasing by 5bps from 1.55% to 1.60%, product fee £995
[FO29841] 70% LTV, increasing by 6bps from 1.64% to 1.70%, product fee £995
5 year fixed rate switcher - high value
[FO29857] 70% LTV, increasing by 6bps from 1.63% to 1.69%, product fee £995
5 year fixed rate switcher
[FO29842] 70% LTV, increasing by 7bps from 1.81% to 1.88%, product fee £0
[FO29843] 75% LTV, increasing by 6bps from 1.64% to 1.70%, product fee £995
5 year fixed rate switcher - high value
[FO29858] 75% LTV, increasing by 6bps from 1.63% to 1.69%, product fee £995
5 year fixed rate switcher
[FO29844] 75% LTV, increasing by 7bps from 1.81% to 1.88%, product fee £0
BTL Standard Switcher Range
Buy To Let
Rate Changes
2 year fixed rate switcher
[FO29846] 60% LTV, increasing by 5bps from 1.84% to 1.89%, product fee £0
[FO29845] 60% LTV, increasing by 6bps from 1.50% to 1.56%, product fee £995
[FO29847] 70% LTV, increasing by 6bps from 1.69% to 1.75%, product fee £995
[FO29848] 70% LTV, increasing by 5bps from 1.99% to 2.04%, product fee £0
[FO29850] 75% LTV, increasing by 5bps from 1.99% to 2.04%, product fee £0
[FO29849] 75% LTV, increasing by 6bps from 1.69% to 1.75%, product fee £995
5 year fixed rate switcher
[FO29852] 60% LTV, increasing by 4bps from 2.04% to 2.08%, product fee £0
[FO29851] 60% LTV, increasing by 4bps from 1.73% to 1.77%, product fee £995
[FO29854] 70% LTV, increasing by 5bps from 2.19% to 2.24%, product fee £0
[FO29853] 70% LTV, increasing by 4bps from 1.89% to 1.93%, product fee £995
[FO29855] 75% LTV, increasing by 4bps from 1.89% to 1.93%, product fee £995
[FO29856] 75% LTV, increasing by 5bps from 2.19% to 2.24%, 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 Tuesday 8 February, 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 e-mail your BDM by midday on Wednesday 9 February 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 for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
- State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange
Paper applications must be signed by all applicants and the original received at the following address by close of business on Friday 11 February 2022 for your rate to be honoured:
FREEPOST NatWest Intermediary Solutions
Mortgage Centre
Cartsdyke Avenue
Greenock
PA15 1ED
Effective from Thursday 3 February 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
[FO29720] 60% LTV, increasing by 10bps from 1.43% to 1.53%, product fee £995, cashback £250
[FO29721] 60% LTV, increasing by 10bps from 1.73% to 1.83%, product fee £0, cashback £250
[FO29722] 70% LTV, increasing by 10bps from 1.48% to 1.58%, product fee £995, cashback £250
[FO29723] 70% LTV, increasing by 10bps from 1.75% to 1.85%, product fee £0, cashback £250
[FO29725] 75% LTV, increasing by 10bps from 1.75% to 1.85%, product fee £0, cashback £250
[FO29724] 75% LTV, increasing by 10bps from 1.48% to 1.58%, product fee £995, cashback £250
[FO29727] 80% LTV, increasing by 10bps from 1.80% to 1.90%, product fee £0, cashback £250
[FO29726] 80% LTV, increasing by 10bps from 1.50% to 1.60%, product fee £995, cashback £250
[FO29728] 85% LTV, increasing by 10bps from 1.53% to 1.63%, product fee £995
[FO29729] 85% LTV, increasing by 10bps from 1.82% to 1.92%, product fee £0
[FO29730] 90% LTV, increasing by 10bps from 1.90% to 2.00%, product fee £0
2 year fixed rate remortgage
[FO29737] 60% LTV, increasing by 10bps from 1.36% to 1.46%, product fee £995
[FO29738] 60% LTV, increasing by 10bps from 1.63% to 1.73%, product fee £0
[FO29739] 70% LTV, increasing by 10bps from 1.49% to 1.59%, product fee £995, cashback £250
[FO29740] 70% LTV, increasing by 10bps from 1.74% to 1.84%, product fee £0, cashback £250
[FO29741] 75% LTV, increasing by 10bps from 1.49% to 1.59%, product fee £995, cashback £250
[FO29742] 75% LTV, increasing by 10bps from 1.74% to 1.84%, product fee £0, cashback £250
[FO29743] 80% LTV, increasing by 10bps from 1.55% to 1.65%, product fee £995, cashback £250
[FO29744] 85% LTV, increasing by 10bps from 1.57% to 1.67%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29732] 60% LTV, increasing by 10bps from 1.76% to 1.86%, product fee £0, cashback £250
[FO29731] 60% LTV, increasing by 10bps from 1.59% to 1.69%, product fee £995, cashback £250
[FO29734] 70% LTV, increasing by 10bps from 1.79% to 1.89%, product fee £0, cashback £250
[FO29733] 70% LTV, increasing by 10bps from 1.61% to 1.71%, product fee £995, cashback £250
[FO29736] 75% LTV, increasing by 10bps from 1.79% to 1.89%, product fee £0, cashback £250
[FO29735] 75% LTV, increasing by 10bps from 1.61% to 1.71%, product fee £995, cashback £250
5 year fixed rate remortgage
[FO29746] 60% LTV, increasing by 10bps from 1.73% to 1.83%, product fee £0
[FO29745] 60% LTV, increasing by 10bps from 1.53% to 1.63%, product fee £995
[FO29747] 70% LTV, increasing by 10bps from 1.58% to 1.68%, product fee £995
[FO29748] 70% LTV, increasing by 10bps from 1.77% to 1.87%, product fee £0
[FO29750] 75% LTV, increasing by 10bps from 1.77% to 1.87%, product fee £0
[FO29749] 75% LTV, increasing by 10bps from 1.58% to 1.68%, product fee £995
Withdrawn
2 year tracker rate remortgage
[TO5512] 75% LTV, 0.99%, product fee £1,495
First Time Buyer
Residential
Rate Changes
2 year fixed rate purchase
[FO29751] 85% LTV, increasing by 10bps from 1.63% to 1.73%, product fee £995, cashback £750
[FO29752] 85% LTV, increasing by 10bps from 1.99% to 2.09%, product fee £0, cashback £750
[FO29753] 90% LTV, increasing by 10bps from 2.22% to 2.32%, product fee £0, cashback £750
Shared Equity
Residential
Rate Changes
2 year fixed rate purchase
[FO29755] 60% LTV, increasing by 15bps from 1.78% to 1.93%, product fee £0
[FO29754] 60% LTV, increasing by 15bps from 1.44% to 1.59%, product fee £995, cashback £250
[FO29757] 70% LTV, increasing by 15bps from 1.85% to 2.00%, product fee £0
[FO29756] 70% LTV, increasing by 15bps from 1.54% to 1.69%, product fee £995, cashback £250
[FO29759] 75% LTV, increasing by 15bps from 1.85% to 2.00%, product fee £0
[FO29758] 75% LTV, increasing by 15bps from 1.54% to 1.69%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29761] 60% LTV, increasing by 15bps from 1.85% to 2.00%, product fee £0
[FO29760] 60% LTV, increasing by 15bps from 1.59% to 1.74%, product fee £995, cashback £250
[FO29763] 70% LTV, increasing by 15bps from 1.88% to 2.03%, product fee £0
[FO29762] 70% LTV, increasing by 15bps from 1.66% to 1.81%, product fee £995, cashback £250
[FO29764] 75% LTV, increasing by 15bps from 1.66% to 1.81%, product fee £995, cashback £250
[FO29765] 75% LTV, increasing by 15bps from 1.88% to 2.03%, product fee £0
Help to Buy: shared equity
Residential
Rate Changes
2 year fixed rate purchase
[FO29767] 60% LTV, increasing by 15bps from 1.78% to 1.93%, product fee £0
[FO29766] 60% LTV, increasing by 15bps from 1.44% to 1.59%, product fee £995, cashback £250
[FO29768] 70% LTV, increasing by 15bps from 1.54% to 1.69%, product fee £995, cashback £250
[FO29769] 70% LTV, increasing by 15bps from 1.85% to 2.00%, product fee £0
[FO29770] 75% LTV, increasing by 15bps from 1.54% to 1.69%, product fee £995, cashback £250
[FO29771] 75% LTV, increasing by 15bps from 1.85% to 2.00%, product fee £0
2 year fixed rate remortgage
[FO29779] 60% LTV, increasing by 10bps from 2.05% to 2.15%, product fee £0, cashback £500
[FO29778] 60% LTV, increasing by 10bps from 1.60% to 1.70%, product fee £995, cashback £500
[FO29781] 70% LTV, increasing by 10bps from 2.28% to 2.38%, product fee £0, cashback £500
[FO29780] 70% LTV, increasing by 10bps from 1.80% to 1.90%, product fee £995, cashback £500
[FO29783] 75% LTV, increasing by 10bps from 2.28% to 2.38%, product fee £0, cashback £500
[FO29782] 75% LTV, increasing by 10bps from 1.80% to 1.90%, product fee £995, cashback £500
5 year fixed rate purchase
[FO29773] 60% LTV, increasing by 15bps from 1.85% to 2.00%, product fee £0
[FO29772] 60% LTV, increasing by 15bps from 1.59% to 1.74%, product fee £995, cashback £250
[FO29774] 70% LTV, increasing by 15bps from 1.66% to 1.81%, product fee £995, cashback £250
[FO29775] 70% LTV, increasing by 15bps from 1.88% to 2.03%, product fee £0
[FO29777] 75% LTV, increasing by 15bps from 1.88% to 2.03%, product fee £0
[FO29776] 75% LTV, increasing by 15bps from 1.66% to 1.81%, product fee £995, cashback £250
5 year fixed rate remortgage
[FO29784] 60% LTV, increasing by 10bps from 1.78% to 1.88%, product fee £995, cashback £500
[FO29785] 60% LTV, increasing by 10bps from 2.13% to 2.23%, product fee £0, cashback £500
[FO29786] 70% LTV, increasing by 10bps from 1.90% to 2.00%, product fee £995, cashback £500
[FO29787] 70% LTV, increasing by 10bps from 2.33% to 2.43%, product fee £0, cashback £500
[FO29789] 75% LTV, increasing by 10bps from 2.33% to 2.43%, product fee £0, cashback £500
[FO29788] 75% LTV, increasing by 10bps from 1.90% to 2.00%, product fee £995, cashback £500
BTL Range
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO29791] 60% LTV, increasing by 5bps from 1.89% to 1.94%, product fee £0
[FO29790] 60% LTV, increasing by 5bps from 1.54% to 1.59%, product fee £995
[FO29793] 70% LTV, increasing by 5bps from 1.93% to 1.98%, product fee £0
[FO29792] 70% LTV, increasing by 5bps from 1.63% to 1.68%, product fee £995
[FO29795] 75% LTV, increasing by 5bps from 1.93% to 1.98%, product fee £0
[FO29794] 75% LTV, increasing by 5bps from 1.63% to 1.68%, product fee £995
2 year fixed rate remortgage
[FO29802] 60% LTV, increasing by 5bps from 1.78% to 1.83%, product fee £0
[FO29801] 60% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
[FO29803] 70% LTV, increasing by 5bps from 1.64% to 1.69%, product fee £995
[FO29804] 70% LTV, increasing by 5bps from 1.83% to 1.88%, product fee £0
[FO29806] 75% LTV, increasing by 5bps from 1.83% to 1.88%, product fee £0
[FO29805] 75% LTV, increasing by 5bps from 1.64% to 1.69%, product fee £995
5 year fixed rate purchase
[FO29797] 60% LTV, increasing by 5bps from 1.99% to 2.04%, product fee £0
[FO29796] 60% LTV, increasing by 5bps from 1.76% to 1.81%, product fee £995
[FO29798] 70% LTV, increasing by 5bps from 1.89% to 1.94%, product fee £995
[FO29800] 75% LTV, increasing by 5bps from 1.89% to 1.94%, product fee £995
[FO29799] 75% LTV, increasing by 3bps from 1.79% to 1.82%, product fee £1,495
5 year fixed rate remortgage
[FO29807] 60% LTV, increasing by 5bps from 1.62% to 1.67%, product fee £1,495
[FO29808] 60% LTV, increasing by 5bps from 1.72% to 1.77%, product fee £995
[FO29810] 70% LTV, increasing by 5bps from 2.03% to 2.08%, product fee £0
[FO29809] 70% LTV, increasing by 5bps from 1.83% to 1.88%, product fee £995
[FO29811] 75% LTV, increasing by 5bps from 1.83% to 1.88%, product fee £995
[FO29812] 75% LTV, increasing by 5bps from 2.03% to 2.08%, product fee £0
Green Mortgages
Residential
Rate Changes
2 year fixed rate purchase
[FO29813] 60% LTV, increasing by 10bps from 1.42% to 1.52%, product fee £995, cashback £250
[FO29814] 75% LTV, increasing by 10bps from 1.47% to 1.57%, product fee £995, cashback £250
[FO29815] 85% LTV, increasing by 10bps from 1.52% to 1.62%, product fee £995, cashback £250
2 year fixed rate remortgage
[FO29818] 60% LTV, increasing by 10bps from 1.35% to 1.45%, product fee £995, cashback £250
[FO29819] 75% LTV, increasing by 10bps from 1.48% to 1.58%, product fee £995, cashback £250
[FO29820] 85% LTV, increasing by 10bps from 1.56% to 1.66%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29816] 60% LTV, increasing by 10bps from 1.58% to 1.68%, product fee £995, cashback £350
[FO29817] 75% LTV, increasing by 10bps from 1.60% to 1.70%, product fee £995, cashback £350
5 year fixed rate remortgage
[FO29821] 60% LTV, increasing by 10bps from 1.52% to 1.62%, product fee £995, cashback £350
[FO29822] 75% LTV, increasing by 10bps from 1.57% to 1.67%, product fee £995, cashback £350
BTL Green Mortgages
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO29823] 65% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
[FO29824] 75% LTV, increasing by 5bps from 1.62% to 1.67%, product fee £995
2 year fixed rate remortgage
[FO29827] 65% LTV, increasing by 5bps from 1.52% to 1.57%, product fee £995
[FO29828] 75% LTV, increasing by 5bps from 1.63% to 1.68%, product fee £995
5 year fixed rate purchase
[FO29825] 65% LTV, increasing by 5bps from 1.75% to 1.80%, product fee £995
[FO29826] 75% LTV, increasing by 5bps from 1.88% to 1.93%, product fee £995
5 year fixed rate remortgage
[FO29829] 65% LTV, increasing by 5bps from 1.71% to 1.76%, product fee £995
[FO29830] 75% LTV, increasing by 5bps from 1.82% to 1.87%, product fee £995
Existing Customer
Core Range
Residential
Rate Changes
2 year fixed rate switcher
[FO29697] 60% LTV, increasing by 5bps from 1.34% to 1.39%, product fee £995
[FO29698] 60% LTV, increasing by 10bps from 1.49% to 1.59%, product fee £0
[FO29700] 70% LTV, increasing by 10bps from 1.58% to 1.68%, product fee £0
[FO29699] 70% LTV, increasing by 5bps from 1.40% to 1.45%, product fee £995
[FO29702] 75% LTV, increasing by 10bps from 1.58% to 1.68%, product fee £0
[FO29701] 75% LTV, increasing by 5bps from 1.40% to 1.45%, product fee £995
[FO29703] 80% LTV, increasing by 10bps from 1.49% to 1.59%, product fee £995
[FO29704] 85% LTV, increasing by 8bps from 1.56% to 1.64%, product fee £995
5 year fixed rate switcher
[FO29705] 60% LTV, increasing by 5bps from 1.50% to 1.55%, product fee £995
[FO29707] 70% LTV, increasing by 6bps from 1.75% to 1.81%, product fee £0
[FO29706] 70% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995
5 year fixed rate switcher - high value
[FO29718] 70% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £995
[FO29719] 75% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £995
5 year fixed rate switcher
[FO29709] 75% LTV, increasing by 6bps from 1.75% to 1.81%, product fee £0
[FO29708] 75% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995
[FO29710] 80% LTV, increasing by 2bps from 1.87% to 1.89%, product fee £995
BTL Standard Switcher Range
Buy To Let
Rate Changes
2 year fixed rate switcher
[FO29711] 60% LTV, increasing by 5bps from 1.45% to 1.50%, product fee £995
[FO29712] 60% LTV, increasing by 5bps from 1.79% to 1.84%, product fee £0
[FO29713] 70% LTV, increasing by 10bps from 1.89% to 1.99%, product fee £0
[FO29714] 75% LTV, increasing by 10bps from 1.89% to 1.99%, product fee £0
5 year fixed rate switcher
[FO29715] 60% LTV, increasing by 9bps from 1.95% to 2.04%, product fee £0
[FO29716] 70% LTV, increasing by 15bps from 2.04% to 2.19%, product fee £0
[FO29717] 75% LTV, increasing by 15bps from 2.04% to 2.19%, 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 Wednesday 2 February, 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 e-mail your BDM by midday on Thursday 3 February 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 for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
- State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange
Paper applications must be signed by all applicants and the original received at the following address by close of business on Saturday 5 February 2022 for your rate to be honoured:
FREEPOST NatWest Intermediary Solutions
Mortgage Centre
Cartsdyke Avenue
Greenock
PA15 1ED
Effective from Wednesday 26 January 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
[FO29482] 60% LTV, increasing by 9bps from 1.34% to 1.43%, product fee £995, cashback £250
[FO29483] 60% LTV, increasing by 10bps from 1.63% to 1.73%, product fee £0, cashback £250
[FO29485] 70% LTV, increasing by 5bps from 1.70% to 1.75%, product fee £0, cashback £250
[FO29484] 70% LTV, increasing by 5bps from 1.43% to 1.48%, product fee £995, cashback £250
[FO29487] 75% LTV, increasing by 5bps from 1.70% to 1.75%, product fee £0, cashback £250
[FO29486] 75% LTV, increasing by 5bps from 1.43% to 1.48%, product fee £995, cashback £250
[FO29488] 80% LTV, increasing by 5bps from 1.45% to 1.50%, product fee £995, cashback £250
[FO29489] 80% LTV, increasing by 5bps from 1.75% to 1.80%, product fee £0, cashback £250
[FO29490] 85% LTV, increasing by 5bps from 1.48% to 1.53%, product fee £995
[FO29491] 85% LTV, increasing by 5bps from 1.77% to 1.82%, product fee £0
[FO29492] 90% LTV, increasing by 2bps from 1.68% to 1.70%, product fee £995
2 year fixed rate remortgage
[FO29501] 60% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £0
[FO29500] 60% LTV, increasing by 7bps from 1.29% to 1.36%, product fee £995
[FO29503] 70% LTV, increasing by 5bps from 1.69% to 1.74%, product fee £0, cashback £250
[FO29502] 70% LTV, increasing by 4bps from 1.45% to 1.49%, product fee £995, cashback £250
[FO29505] 75% LTV, increasing by 5bps from 1.69% to 1.74%, product fee £0, cashback £250
[FO29504] 75% LTV, increasing by 4bps from 1.45% to 1.49%, product fee £995, cashback £250
[FO29506] 80% LTV, increasing by 5bps from 1.50% to 1.55%, product fee £995, cashback £250
[FO29507] 85% LTV, increasing by 2bps from 1.55% to 1.57%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29494] 60% LTV, increasing by 6bps from 1.70% to 1.76%, product fee £0, cashback £250
[FO29493] 60% LTV, increasing by 10bps from 1.49% to 1.59%, product fee £995, cashback £250
[FO29496] 70% LTV, increasing by 6bps from 1.73% to 1.79%, product fee £0, cashback £250
[FO29495] 70% LTV, increasing by 5bps from 1.56% to 1.61%, product fee £995, cashback £250
[FO29498] 75% LTV, increasing by 6bps from 1.73% to 1.79%, product fee £0, cashback £250
[FO29497] 75% LTV, increasing by 5bps from 1.56% to 1.61%, product fee £995, cashback £250
[FO29499] 80% LTV, increasing by 5bps from 1.72% to 1.77%, product fee £995, cashback £250
5 year fixed rate remortgage
[FO29508] 60% LTV, increasing by 6bps from 1.47% to 1.53%, product fee £995
[FO29509] 60% LTV, increasing by 10bps from 1.63% to 1.73%, product fee £0
[FO29510] 70% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
[FO29511] 70% LTV, increasing by 5bps from 1.72% to 1.77%, product fee £0
[FO29512] 75% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
[FO29513] 75% LTV, increasing by 5bps from 1.72% to 1.77%, product fee £0
First Time Buyer
Residential
Rate Changes
2 year fixed rate purchase
[FO29514] 85% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £995, cashback £750
BTL Range
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO29537] 60% LTV, increasing by 10bps from 1.44% to 1.54%, product fee £995
[FO29538] 60% LTV, increasing by 10bps from 1.79% to 1.89%, product fee £0
[FO29539] 70% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £995
[FO29540] 70% LTV, increasing by 10bps from 1.83% to 1.93%, product fee £0
[FO29542] 75% LTV, increasing by 10bps from 1.83% to 1.93%, product fee £0
[FO29541] 75% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £995
2 year fixed rate remortgage
[FO29549] 60% LTV, increasing by 10bps from 1.43% to 1.53%, product fee £995
[FO29550] 60% LTV, increasing by 7bps from 1.71% to 1.78%, product fee £0
[FO29551] 70% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995
[FO29552] 75% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995
5 year fixed rate purchase
[FO29544] 60% LTV, increasing by 9bps from 1.90% to 1.99%, product fee £0
[FO29543] 60% LTV, increasing by 7bps from 1.69% to 1.76%, product fee £995
[FO29545] 70% LTV, increasing by 10bps from 1.79% to 1.89%, product fee £995
[FO29546] 70% LTV, increasing by 5bps from 2.13% to 2.18%, product fee £0
[FO29548] 75% LTV, increasing by 2bps from 1.77% to 1.79%, product fee £1,495
[FO29547] 75% LTV, increasing by 6bps from 1.83% to 1.89%, product fee £995
5 year fixed rate remortgage
[FO29554] 60% LTV, increasing by 5bps from 1.95% to 2.00%, product fee £0
[FO29557] 60% LTV, increasing by 4bps from 1.58% to 1.62%, product fee £1,495
[FO29553] 60% LTV, increasing by 8bps from 1.64% to 1.72%, product fee £995
[FO29555] 70% LTV, increasing by 2bps from 2.01% to 2.03%, product fee £0
[FO29556] 75% LTV, increasing by 2bps from 2.01% to 2.03%, product fee £0
Green Mortgages
Residential
Rate Changes
2 year fixed rate purchase
[FO29515] 60% LTV, increasing by 9bps from 1.33% to 1.42%, product fee £995, cashback £250
[FO29516] 75% LTV, increasing by 5bps from 1.42% to 1.47%, product fee £995, cashback £250
[FO29517] 85% LTV, increasing by 6bps from 1.46% to 1.52%, product fee £995, cashback £250
2 year fixed rate remortgage
[FO29520] 60% LTV, increasing by 7bps from 1.28% to 1.35%, product fee £995, cashback £250
[FO29521] 75% LTV, increasing by 4bps from 1.44% to 1.48%, product fee £995, cashback £250
[FO29522] 85% LTV, increasing by 3bps from 1.53% to 1.56%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29518] 60% LTV, increasing by 10bps from 1.48% to 1.58%, product fee £995, cashback £350
[FO29519] 75% LTV, increasing by 5bps from 1.55% to 1.60%, product fee £995, cashback £350
5 year fixed rate remortgage
[FO29523] 60% LTV, increasing by 6bps from 1.46% to 1.52%, product fee £995, cashback £350
[FO29524] 75% LTV, increasing by 5bps from 1.52% to 1.57%, product fee £995, cashback £350
BTL Green Mortgages
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO29558] 65% LTV, increasing by 10bps from 1.43% to 1.53%, product fee £995
[FO29559] 75% LTV, increasing by 5bps from 1.57% to 1.62%, product fee £995
2 year fixed rate remortgage
[FO29562] 65% LTV, increasing by 10bps from 1.42% to 1.52%, product fee £995
[FO29563] 75% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £995
5 year fixed rate purchase
[FO29560] 65% LTV, increasing by 7bps from 1.68% to 1.75%, product fee £995
[FO29561] 75% LTV, increasing by 6bps from 1.82% to 1.88%, product fee £995
5 year fixed rate remortgage
[FO29564] 65% LTV, increasing by 8bps from 1.63% to 1.71%, product fee £995
Existing Customer
Core Range
Residential
Rate Changes
2 year fixed rate switcher
[FO29525] 60% LTV, increasing by 17bps from 1.17% to 1.34%, product fee £995
[FO29526] 70% LTV, increasing by 3bps from 1.37% to 1.40%, product fee £995
[FO29527] 75% LTV, increasing by 3bps from 1.37% to 1.40%, product fee £995
[FO29528] 80% LTV, increasing by 9bps from 1.40% to 1.49%, product fee £995
5 year fixed rate switcher
[FO29529] 60% LTV, increasing by 6bps from 1.44% to 1.50%, product fee £995
[FO29530] 60% LTV, increasing by 5bps from 1.69% to 1.74%, product fee £0
5 year fixed rate switcher - high value
[FO29535] 70% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
5 year fixed rate switcher
[FO29531] 70% LTV, increasing by 5bps from 1.54% to 1.59%, product fee £995
[FO29532] 70% LTV, increasing by 3bps from 1.72% to 1.75%, product fee £0
[FO29534] 75% LTV, increasing by 3bps from 1.72% to 1.75%, product fee £0
5 year fixed rate switcher - high value
[FO29536] 75% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
5 year fixed rate switcher
[FO29533] 75% LTV, increasing by 5bps from 1.54% to 1.59%, 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 Tuesday 25 January, 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 e-mail your BDM by midday on Wednesday 26 January 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 for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
- State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange
Paper applications must be signed by all applicants and the original received at the following address by close of business on Friday 28 January 2022 for your rate to be honoured:
FREEPOST NatWest Intermediary Solutions
Mortgage Centre
Cartsdyke Avenue
Greenock
PA15 1ED
We are pleased to announce that we are increasing our maximum procuration fee payable.
What you need to know:
Following market feedback from our brokers we’re pleased to announce that we are increasing our maximum procuration fee for residential, Buy-to-Let and Product Transfers from £10,000 to £20,000.
This change will come into effect from 19th January and will be applied to new applications submitted from this date.
As a reminder – last year we simplified and reduced our valuation fees and the new price bandings are as follows (if you select a product with a valuation fee):
· Purchase price or property value up to and including £3million = £102 + £75 admin fee = £177
· Purchase price or property value above £3million = £1,380 + £75 admin fee = £1,455
For any properties valued over £10m these are available, upon request via LGSS.
Effective from Monday 17 January 2022
From Monday 17th January, 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 mortgage deals will be 3.74% and for all new Buy-to-Let mortgage deals it will be 4.24%. All existing NatWest mortgage customers on an SVR will have their rate increased with effect from the 1st February.
Customers currently on a fixed rate deal or awaiting completion will move onto 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 products page on our web site.
2022 News Articles
From Monday 21st February the Standard Variable Rates (SVRs) for our residential 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 mortgage deals will be 3.99%. There is no change for Buy-to-Let mortgage deals, which will remain at 4.24%.
All existing NatWest mortgage customers on an SVR will have their rate increased with effect from the 1st March.
Customers currently on a fixed rate deal or awaiting completion will move onto 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 our product page
Effective from Wednesday 9 February 2022
Here’s a full list the changes with product codes in brackets:
New Business
No Changes
Existing Customer
Core Range
Residential
Rate Changes
2 year fixed rate switcher
[FO29832] 60% LTV, increasing by 10bps from 1.59% to 1.69%, product fee £0
[FO29831] 60% LTV, increasing by 5bps from 1.39% to 1.44%, product fee £995
[FO29834] 70% LTV, increasing by 9bps from 1.68% to 1.77%, product fee £0
[FO29833] 70% LTV, increasing by 4bps from 1.45% to 1.49%, product fee £995
[FO29836] 75% LTV, increasing by 9bps from 1.68% to 1.77%, product fee £0
[FO29835] 75% LTV, increasing by 4bps from 1.45% to 1.49%, product fee £995
[FO29837] 80% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995
[FO29838] 85% LTV, increasing by 5bps from 1.64% to 1.69%, product fee £995
5 year fixed rate switcher
[FO29840] 60% LTV, increasing by 7bps from 1.74% to 1.81%, product fee £0
[FO29839] 60% LTV, increasing by 5bps from 1.55% to 1.60%, product fee £995
[FO29841] 70% LTV, increasing by 6bps from 1.64% to 1.70%, product fee £995
5 year fixed rate switcher - high value
[FO29857] 70% LTV, increasing by 6bps from 1.63% to 1.69%, product fee £995
5 year fixed rate switcher
[FO29842] 70% LTV, increasing by 7bps from 1.81% to 1.88%, product fee £0
[FO29843] 75% LTV, increasing by 6bps from 1.64% to 1.70%, product fee £995
5 year fixed rate switcher - high value
[FO29858] 75% LTV, increasing by 6bps from 1.63% to 1.69%, product fee £995
5 year fixed rate switcher
[FO29844] 75% LTV, increasing by 7bps from 1.81% to 1.88%, product fee £0
BTL Standard Switcher Range
Buy To Let
Rate Changes
2 year fixed rate switcher
[FO29846] 60% LTV, increasing by 5bps from 1.84% to 1.89%, product fee £0
[FO29845] 60% LTV, increasing by 6bps from 1.50% to 1.56%, product fee £995
[FO29847] 70% LTV, increasing by 6bps from 1.69% to 1.75%, product fee £995
[FO29848] 70% LTV, increasing by 5bps from 1.99% to 2.04%, product fee £0
[FO29850] 75% LTV, increasing by 5bps from 1.99% to 2.04%, product fee £0
[FO29849] 75% LTV, increasing by 6bps from 1.69% to 1.75%, product fee £995
5 year fixed rate switcher
[FO29852] 60% LTV, increasing by 4bps from 2.04% to 2.08%, product fee £0
[FO29851] 60% LTV, increasing by 4bps from 1.73% to 1.77%, product fee £995
[FO29854] 70% LTV, increasing by 5bps from 2.19% to 2.24%, product fee £0
[FO29853] 70% LTV, increasing by 4bps from 1.89% to 1.93%, product fee £995
[FO29855] 75% LTV, increasing by 4bps from 1.89% to 1.93%, product fee £995
[FO29856] 75% LTV, increasing by 5bps from 2.19% to 2.24%, 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 Tuesday 8 February, 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 e-mail your BDM by midday on Wednesday 9 February 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 for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
- State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange
Paper applications must be signed by all applicants and the original received at the following address by close of business on Friday 11 February 2022 for your rate to be honoured:
FREEPOST NatWest Intermediary Solutions
Mortgage Centre
Cartsdyke Avenue
Greenock
PA15 1ED
Effective from Thursday 3 February 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
[FO29720] 60% LTV, increasing by 10bps from 1.43% to 1.53%, product fee £995, cashback £250
[FO29721] 60% LTV, increasing by 10bps from 1.73% to 1.83%, product fee £0, cashback £250
[FO29722] 70% LTV, increasing by 10bps from 1.48% to 1.58%, product fee £995, cashback £250
[FO29723] 70% LTV, increasing by 10bps from 1.75% to 1.85%, product fee £0, cashback £250
[FO29725] 75% LTV, increasing by 10bps from 1.75% to 1.85%, product fee £0, cashback £250
[FO29724] 75% LTV, increasing by 10bps from 1.48% to 1.58%, product fee £995, cashback £250
[FO29727] 80% LTV, increasing by 10bps from 1.80% to 1.90%, product fee £0, cashback £250
[FO29726] 80% LTV, increasing by 10bps from 1.50% to 1.60%, product fee £995, cashback £250
[FO29728] 85% LTV, increasing by 10bps from 1.53% to 1.63%, product fee £995
[FO29729] 85% LTV, increasing by 10bps from 1.82% to 1.92%, product fee £0
[FO29730] 90% LTV, increasing by 10bps from 1.90% to 2.00%, product fee £0
2 year fixed rate remortgage
[FO29737] 60% LTV, increasing by 10bps from 1.36% to 1.46%, product fee £995
[FO29738] 60% LTV, increasing by 10bps from 1.63% to 1.73%, product fee £0
[FO29739] 70% LTV, increasing by 10bps from 1.49% to 1.59%, product fee £995, cashback £250
[FO29740] 70% LTV, increasing by 10bps from 1.74% to 1.84%, product fee £0, cashback £250
[FO29741] 75% LTV, increasing by 10bps from 1.49% to 1.59%, product fee £995, cashback £250
[FO29742] 75% LTV, increasing by 10bps from 1.74% to 1.84%, product fee £0, cashback £250
[FO29743] 80% LTV, increasing by 10bps from 1.55% to 1.65%, product fee £995, cashback £250
[FO29744] 85% LTV, increasing by 10bps from 1.57% to 1.67%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29732] 60% LTV, increasing by 10bps from 1.76% to 1.86%, product fee £0, cashback £250
[FO29731] 60% LTV, increasing by 10bps from 1.59% to 1.69%, product fee £995, cashback £250
[FO29734] 70% LTV, increasing by 10bps from 1.79% to 1.89%, product fee £0, cashback £250
[FO29733] 70% LTV, increasing by 10bps from 1.61% to 1.71%, product fee £995, cashback £250
[FO29736] 75% LTV, increasing by 10bps from 1.79% to 1.89%, product fee £0, cashback £250
[FO29735] 75% LTV, increasing by 10bps from 1.61% to 1.71%, product fee £995, cashback £250
5 year fixed rate remortgage
[FO29746] 60% LTV, increasing by 10bps from 1.73% to 1.83%, product fee £0
[FO29745] 60% LTV, increasing by 10bps from 1.53% to 1.63%, product fee £995
[FO29747] 70% LTV, increasing by 10bps from 1.58% to 1.68%, product fee £995
[FO29748] 70% LTV, increasing by 10bps from 1.77% to 1.87%, product fee £0
[FO29750] 75% LTV, increasing by 10bps from 1.77% to 1.87%, product fee £0
[FO29749] 75% LTV, increasing by 10bps from 1.58% to 1.68%, product fee £995
Withdrawn
2 year tracker rate remortgage
[TO5512] 75% LTV, 0.99%, product fee £1,495
First Time Buyer
Residential
Rate Changes
2 year fixed rate purchase
[FO29751] 85% LTV, increasing by 10bps from 1.63% to 1.73%, product fee £995, cashback £750
[FO29752] 85% LTV, increasing by 10bps from 1.99% to 2.09%, product fee £0, cashback £750
[FO29753] 90% LTV, increasing by 10bps from 2.22% to 2.32%, product fee £0, cashback £750
Shared Equity
Residential
Rate Changes
2 year fixed rate purchase
[FO29755] 60% LTV, increasing by 15bps from 1.78% to 1.93%, product fee £0
[FO29754] 60% LTV, increasing by 15bps from 1.44% to 1.59%, product fee £995, cashback £250
[FO29757] 70% LTV, increasing by 15bps from 1.85% to 2.00%, product fee £0
[FO29756] 70% LTV, increasing by 15bps from 1.54% to 1.69%, product fee £995, cashback £250
[FO29759] 75% LTV, increasing by 15bps from 1.85% to 2.00%, product fee £0
[FO29758] 75% LTV, increasing by 15bps from 1.54% to 1.69%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29761] 60% LTV, increasing by 15bps from 1.85% to 2.00%, product fee £0
[FO29760] 60% LTV, increasing by 15bps from 1.59% to 1.74%, product fee £995, cashback £250
[FO29763] 70% LTV, increasing by 15bps from 1.88% to 2.03%, product fee £0
[FO29762] 70% LTV, increasing by 15bps from 1.66% to 1.81%, product fee £995, cashback £250
[FO29764] 75% LTV, increasing by 15bps from 1.66% to 1.81%, product fee £995, cashback £250
[FO29765] 75% LTV, increasing by 15bps from 1.88% to 2.03%, product fee £0
Help to Buy: shared equity
Residential
Rate Changes
2 year fixed rate purchase
[FO29767] 60% LTV, increasing by 15bps from 1.78% to 1.93%, product fee £0
[FO29766] 60% LTV, increasing by 15bps from 1.44% to 1.59%, product fee £995, cashback £250
[FO29768] 70% LTV, increasing by 15bps from 1.54% to 1.69%, product fee £995, cashback £250
[FO29769] 70% LTV, increasing by 15bps from 1.85% to 2.00%, product fee £0
[FO29770] 75% LTV, increasing by 15bps from 1.54% to 1.69%, product fee £995, cashback £250
[FO29771] 75% LTV, increasing by 15bps from 1.85% to 2.00%, product fee £0
2 year fixed rate remortgage
[FO29779] 60% LTV, increasing by 10bps from 2.05% to 2.15%, product fee £0, cashback £500
[FO29778] 60% LTV, increasing by 10bps from 1.60% to 1.70%, product fee £995, cashback £500
[FO29781] 70% LTV, increasing by 10bps from 2.28% to 2.38%, product fee £0, cashback £500
[FO29780] 70% LTV, increasing by 10bps from 1.80% to 1.90%, product fee £995, cashback £500
[FO29783] 75% LTV, increasing by 10bps from 2.28% to 2.38%, product fee £0, cashback £500
[FO29782] 75% LTV, increasing by 10bps from 1.80% to 1.90%, product fee £995, cashback £500
5 year fixed rate purchase
[FO29773] 60% LTV, increasing by 15bps from 1.85% to 2.00%, product fee £0
[FO29772] 60% LTV, increasing by 15bps from 1.59% to 1.74%, product fee £995, cashback £250
[FO29774] 70% LTV, increasing by 15bps from 1.66% to 1.81%, product fee £995, cashback £250
[FO29775] 70% LTV, increasing by 15bps from 1.88% to 2.03%, product fee £0
[FO29777] 75% LTV, increasing by 15bps from 1.88% to 2.03%, product fee £0
[FO29776] 75% LTV, increasing by 15bps from 1.66% to 1.81%, product fee £995, cashback £250
5 year fixed rate remortgage
[FO29784] 60% LTV, increasing by 10bps from 1.78% to 1.88%, product fee £995, cashback £500
[FO29785] 60% LTV, increasing by 10bps from 2.13% to 2.23%, product fee £0, cashback £500
[FO29786] 70% LTV, increasing by 10bps from 1.90% to 2.00%, product fee £995, cashback £500
[FO29787] 70% LTV, increasing by 10bps from 2.33% to 2.43%, product fee £0, cashback £500
[FO29789] 75% LTV, increasing by 10bps from 2.33% to 2.43%, product fee £0, cashback £500
[FO29788] 75% LTV, increasing by 10bps from 1.90% to 2.00%, product fee £995, cashback £500
BTL Range
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO29791] 60% LTV, increasing by 5bps from 1.89% to 1.94%, product fee £0
[FO29790] 60% LTV, increasing by 5bps from 1.54% to 1.59%, product fee £995
[FO29793] 70% LTV, increasing by 5bps from 1.93% to 1.98%, product fee £0
[FO29792] 70% LTV, increasing by 5bps from 1.63% to 1.68%, product fee £995
[FO29795] 75% LTV, increasing by 5bps from 1.93% to 1.98%, product fee £0
[FO29794] 75% LTV, increasing by 5bps from 1.63% to 1.68%, product fee £995
2 year fixed rate remortgage
[FO29802] 60% LTV, increasing by 5bps from 1.78% to 1.83%, product fee £0
[FO29801] 60% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
[FO29803] 70% LTV, increasing by 5bps from 1.64% to 1.69%, product fee £995
[FO29804] 70% LTV, increasing by 5bps from 1.83% to 1.88%, product fee £0
[FO29806] 75% LTV, increasing by 5bps from 1.83% to 1.88%, product fee £0
[FO29805] 75% LTV, increasing by 5bps from 1.64% to 1.69%, product fee £995
5 year fixed rate purchase
[FO29797] 60% LTV, increasing by 5bps from 1.99% to 2.04%, product fee £0
[FO29796] 60% LTV, increasing by 5bps from 1.76% to 1.81%, product fee £995
[FO29798] 70% LTV, increasing by 5bps from 1.89% to 1.94%, product fee £995
[FO29800] 75% LTV, increasing by 5bps from 1.89% to 1.94%, product fee £995
[FO29799] 75% LTV, increasing by 3bps from 1.79% to 1.82%, product fee £1,495
5 year fixed rate remortgage
[FO29807] 60% LTV, increasing by 5bps from 1.62% to 1.67%, product fee £1,495
[FO29808] 60% LTV, increasing by 5bps from 1.72% to 1.77%, product fee £995
[FO29810] 70% LTV, increasing by 5bps from 2.03% to 2.08%, product fee £0
[FO29809] 70% LTV, increasing by 5bps from 1.83% to 1.88%, product fee £995
[FO29811] 75% LTV, increasing by 5bps from 1.83% to 1.88%, product fee £995
[FO29812] 75% LTV, increasing by 5bps from 2.03% to 2.08%, product fee £0
Green Mortgages
Residential
Rate Changes
2 year fixed rate purchase
[FO29813] 60% LTV, increasing by 10bps from 1.42% to 1.52%, product fee £995, cashback £250
[FO29814] 75% LTV, increasing by 10bps from 1.47% to 1.57%, product fee £995, cashback £250
[FO29815] 85% LTV, increasing by 10bps from 1.52% to 1.62%, product fee £995, cashback £250
2 year fixed rate remortgage
[FO29818] 60% LTV, increasing by 10bps from 1.35% to 1.45%, product fee £995, cashback £250
[FO29819] 75% LTV, increasing by 10bps from 1.48% to 1.58%, product fee £995, cashback £250
[FO29820] 85% LTV, increasing by 10bps from 1.56% to 1.66%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29816] 60% LTV, increasing by 10bps from 1.58% to 1.68%, product fee £995, cashback £350
[FO29817] 75% LTV, increasing by 10bps from 1.60% to 1.70%, product fee £995, cashback £350
5 year fixed rate remortgage
[FO29821] 60% LTV, increasing by 10bps from 1.52% to 1.62%, product fee £995, cashback £350
[FO29822] 75% LTV, increasing by 10bps from 1.57% to 1.67%, product fee £995, cashback £350
BTL Green Mortgages
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO29823] 65% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
[FO29824] 75% LTV, increasing by 5bps from 1.62% to 1.67%, product fee £995
2 year fixed rate remortgage
[FO29827] 65% LTV, increasing by 5bps from 1.52% to 1.57%, product fee £995
[FO29828] 75% LTV, increasing by 5bps from 1.63% to 1.68%, product fee £995
5 year fixed rate purchase
[FO29825] 65% LTV, increasing by 5bps from 1.75% to 1.80%, product fee £995
[FO29826] 75% LTV, increasing by 5bps from 1.88% to 1.93%, product fee £995
5 year fixed rate remortgage
[FO29829] 65% LTV, increasing by 5bps from 1.71% to 1.76%, product fee £995
[FO29830] 75% LTV, increasing by 5bps from 1.82% to 1.87%, product fee £995
Existing Customer
Core Range
Residential
Rate Changes
2 year fixed rate switcher
[FO29697] 60% LTV, increasing by 5bps from 1.34% to 1.39%, product fee £995
[FO29698] 60% LTV, increasing by 10bps from 1.49% to 1.59%, product fee £0
[FO29700] 70% LTV, increasing by 10bps from 1.58% to 1.68%, product fee £0
[FO29699] 70% LTV, increasing by 5bps from 1.40% to 1.45%, product fee £995
[FO29702] 75% LTV, increasing by 10bps from 1.58% to 1.68%, product fee £0
[FO29701] 75% LTV, increasing by 5bps from 1.40% to 1.45%, product fee £995
[FO29703] 80% LTV, increasing by 10bps from 1.49% to 1.59%, product fee £995
[FO29704] 85% LTV, increasing by 8bps from 1.56% to 1.64%, product fee £995
5 year fixed rate switcher
[FO29705] 60% LTV, increasing by 5bps from 1.50% to 1.55%, product fee £995
[FO29707] 70% LTV, increasing by 6bps from 1.75% to 1.81%, product fee £0
[FO29706] 70% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995
5 year fixed rate switcher - high value
[FO29718] 70% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £995
[FO29719] 75% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £995
5 year fixed rate switcher
[FO29709] 75% LTV, increasing by 6bps from 1.75% to 1.81%, product fee £0
[FO29708] 75% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995
[FO29710] 80% LTV, increasing by 2bps from 1.87% to 1.89%, product fee £995
BTL Standard Switcher Range
Buy To Let
Rate Changes
2 year fixed rate switcher
[FO29711] 60% LTV, increasing by 5bps from 1.45% to 1.50%, product fee £995
[FO29712] 60% LTV, increasing by 5bps from 1.79% to 1.84%, product fee £0
[FO29713] 70% LTV, increasing by 10bps from 1.89% to 1.99%, product fee £0
[FO29714] 75% LTV, increasing by 10bps from 1.89% to 1.99%, product fee £0
5 year fixed rate switcher
[FO29715] 60% LTV, increasing by 9bps from 1.95% to 2.04%, product fee £0
[FO29716] 70% LTV, increasing by 15bps from 2.04% to 2.19%, product fee £0
[FO29717] 75% LTV, increasing by 15bps from 2.04% to 2.19%, 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 Wednesday 2 February, 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 e-mail your BDM by midday on Thursday 3 February 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 for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
- State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange
Paper applications must be signed by all applicants and the original received at the following address by close of business on Saturday 5 February 2022 for your rate to be honoured:
FREEPOST NatWest Intermediary Solutions
Mortgage Centre
Cartsdyke Avenue
Greenock
PA15 1ED
Effective from Wednesday 26 January 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
[FO29482] 60% LTV, increasing by 9bps from 1.34% to 1.43%, product fee £995, cashback £250
[FO29483] 60% LTV, increasing by 10bps from 1.63% to 1.73%, product fee £0, cashback £250
[FO29485] 70% LTV, increasing by 5bps from 1.70% to 1.75%, product fee £0, cashback £250
[FO29484] 70% LTV, increasing by 5bps from 1.43% to 1.48%, product fee £995, cashback £250
[FO29487] 75% LTV, increasing by 5bps from 1.70% to 1.75%, product fee £0, cashback £250
[FO29486] 75% LTV, increasing by 5bps from 1.43% to 1.48%, product fee £995, cashback £250
[FO29488] 80% LTV, increasing by 5bps from 1.45% to 1.50%, product fee £995, cashback £250
[FO29489] 80% LTV, increasing by 5bps from 1.75% to 1.80%, product fee £0, cashback £250
[FO29490] 85% LTV, increasing by 5bps from 1.48% to 1.53%, product fee £995
[FO29491] 85% LTV, increasing by 5bps from 1.77% to 1.82%, product fee £0
[FO29492] 90% LTV, increasing by 2bps from 1.68% to 1.70%, product fee £995
2 year fixed rate remortgage
[FO29501] 60% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £0
[FO29500] 60% LTV, increasing by 7bps from 1.29% to 1.36%, product fee £995
[FO29503] 70% LTV, increasing by 5bps from 1.69% to 1.74%, product fee £0, cashback £250
[FO29502] 70% LTV, increasing by 4bps from 1.45% to 1.49%, product fee £995, cashback £250
[FO29505] 75% LTV, increasing by 5bps from 1.69% to 1.74%, product fee £0, cashback £250
[FO29504] 75% LTV, increasing by 4bps from 1.45% to 1.49%, product fee £995, cashback £250
[FO29506] 80% LTV, increasing by 5bps from 1.50% to 1.55%, product fee £995, cashback £250
[FO29507] 85% LTV, increasing by 2bps from 1.55% to 1.57%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29494] 60% LTV, increasing by 6bps from 1.70% to 1.76%, product fee £0, cashback £250
[FO29493] 60% LTV, increasing by 10bps from 1.49% to 1.59%, product fee £995, cashback £250
[FO29496] 70% LTV, increasing by 6bps from 1.73% to 1.79%, product fee £0, cashback £250
[FO29495] 70% LTV, increasing by 5bps from 1.56% to 1.61%, product fee £995, cashback £250
[FO29498] 75% LTV, increasing by 6bps from 1.73% to 1.79%, product fee £0, cashback £250
[FO29497] 75% LTV, increasing by 5bps from 1.56% to 1.61%, product fee £995, cashback £250
[FO29499] 80% LTV, increasing by 5bps from 1.72% to 1.77%, product fee £995, cashback £250
5 year fixed rate remortgage
[FO29508] 60% LTV, increasing by 6bps from 1.47% to 1.53%, product fee £995
[FO29509] 60% LTV, increasing by 10bps from 1.63% to 1.73%, product fee £0
[FO29510] 70% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
[FO29511] 70% LTV, increasing by 5bps from 1.72% to 1.77%, product fee £0
[FO29512] 75% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
[FO29513] 75% LTV, increasing by 5bps from 1.72% to 1.77%, product fee £0
First Time Buyer
Residential
Rate Changes
2 year fixed rate purchase
[FO29514] 85% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £995, cashback £750
BTL Range
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO29537] 60% LTV, increasing by 10bps from 1.44% to 1.54%, product fee £995
[FO29538] 60% LTV, increasing by 10bps from 1.79% to 1.89%, product fee £0
[FO29539] 70% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £995
[FO29540] 70% LTV, increasing by 10bps from 1.83% to 1.93%, product fee £0
[FO29542] 75% LTV, increasing by 10bps from 1.83% to 1.93%, product fee £0
[FO29541] 75% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £995
2 year fixed rate remortgage
[FO29549] 60% LTV, increasing by 10bps from 1.43% to 1.53%, product fee £995
[FO29550] 60% LTV, increasing by 7bps from 1.71% to 1.78%, product fee £0
[FO29551] 70% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995
[FO29552] 75% LTV, increasing by 5bps from 1.59% to 1.64%, product fee £995
5 year fixed rate purchase
[FO29544] 60% LTV, increasing by 9bps from 1.90% to 1.99%, product fee £0
[FO29543] 60% LTV, increasing by 7bps from 1.69% to 1.76%, product fee £995
[FO29545] 70% LTV, increasing by 10bps from 1.79% to 1.89%, product fee £995
[FO29546] 70% LTV, increasing by 5bps from 2.13% to 2.18%, product fee £0
[FO29548] 75% LTV, increasing by 2bps from 1.77% to 1.79%, product fee £1,495
[FO29547] 75% LTV, increasing by 6bps from 1.83% to 1.89%, product fee £995
5 year fixed rate remortgage
[FO29554] 60% LTV, increasing by 5bps from 1.95% to 2.00%, product fee £0
[FO29557] 60% LTV, increasing by 4bps from 1.58% to 1.62%, product fee £1,495
[FO29553] 60% LTV, increasing by 8bps from 1.64% to 1.72%, product fee £995
[FO29555] 70% LTV, increasing by 2bps from 2.01% to 2.03%, product fee £0
[FO29556] 75% LTV, increasing by 2bps from 2.01% to 2.03%, product fee £0
Green Mortgages
Residential
Rate Changes
2 year fixed rate purchase
[FO29515] 60% LTV, increasing by 9bps from 1.33% to 1.42%, product fee £995, cashback £250
[FO29516] 75% LTV, increasing by 5bps from 1.42% to 1.47%, product fee £995, cashback £250
[FO29517] 85% LTV, increasing by 6bps from 1.46% to 1.52%, product fee £995, cashback £250
2 year fixed rate remortgage
[FO29520] 60% LTV, increasing by 7bps from 1.28% to 1.35%, product fee £995, cashback £250
[FO29521] 75% LTV, increasing by 4bps from 1.44% to 1.48%, product fee £995, cashback £250
[FO29522] 85% LTV, increasing by 3bps from 1.53% to 1.56%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29518] 60% LTV, increasing by 10bps from 1.48% to 1.58%, product fee £995, cashback £350
[FO29519] 75% LTV, increasing by 5bps from 1.55% to 1.60%, product fee £995, cashback £350
5 year fixed rate remortgage
[FO29523] 60% LTV, increasing by 6bps from 1.46% to 1.52%, product fee £995, cashback £350
[FO29524] 75% LTV, increasing by 5bps from 1.52% to 1.57%, product fee £995, cashback £350
BTL Green Mortgages
Buy To Let
Rate Changes
2 year fixed rate purchase
[FO29558] 65% LTV, increasing by 10bps from 1.43% to 1.53%, product fee £995
[FO29559] 75% LTV, increasing by 5bps from 1.57% to 1.62%, product fee £995
2 year fixed rate remortgage
[FO29562] 65% LTV, increasing by 10bps from 1.42% to 1.52%, product fee £995
[FO29563] 75% LTV, increasing by 5bps from 1.58% to 1.63%, product fee £995
5 year fixed rate purchase
[FO29560] 65% LTV, increasing by 7bps from 1.68% to 1.75%, product fee £995
[FO29561] 75% LTV, increasing by 6bps from 1.82% to 1.88%, product fee £995
5 year fixed rate remortgage
[FO29564] 65% LTV, increasing by 8bps from 1.63% to 1.71%, product fee £995
Existing Customer
Core Range
Residential
Rate Changes
2 year fixed rate switcher
[FO29525] 60% LTV, increasing by 17bps from 1.17% to 1.34%, product fee £995
[FO29526] 70% LTV, increasing by 3bps from 1.37% to 1.40%, product fee £995
[FO29527] 75% LTV, increasing by 3bps from 1.37% to 1.40%, product fee £995
[FO29528] 80% LTV, increasing by 9bps from 1.40% to 1.49%, product fee £995
5 year fixed rate switcher
[FO29529] 60% LTV, increasing by 6bps from 1.44% to 1.50%, product fee £995
[FO29530] 60% LTV, increasing by 5bps from 1.69% to 1.74%, product fee £0
5 year fixed rate switcher - high value
[FO29535] 70% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
5 year fixed rate switcher
[FO29531] 70% LTV, increasing by 5bps from 1.54% to 1.59%, product fee £995
[FO29532] 70% LTV, increasing by 3bps from 1.72% to 1.75%, product fee £0
[FO29534] 75% LTV, increasing by 3bps from 1.72% to 1.75%, product fee £0
5 year fixed rate switcher - high value
[FO29536] 75% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
5 year fixed rate switcher
[FO29533] 75% LTV, increasing by 5bps from 1.54% to 1.59%, 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 Tuesday 25 January, 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 e-mail your BDM by midday on Wednesday 26 January 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 for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
- State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange
Paper applications must be signed by all applicants and the original received at the following address by close of business on Friday 28 January 2022 for your rate to be honoured:
FREEPOST NatWest Intermediary Solutions
Mortgage Centre
Cartsdyke Avenue
Greenock
PA15 1ED
We are pleased to announce that we are increasing our maximum procuration fee payable.
What you need to know:
Following market feedback from our brokers we’re pleased to announce that we are increasing our maximum procuration fee for residential, Buy-to-Let and Product Transfers from £10,000 to £20,000.
This change will come into effect from 19th January and will be applied to new applications submitted from this date.
As a reminder – last year we simplified and reduced our valuation fees and the new price bandings are as follows (if you select a product with a valuation fee):
· Purchase price or property value up to and including £3million = £102 + £75 admin fee = £177
· Purchase price or property value above £3million = £1,380 + £75 admin fee = £1,455
For any properties valued over £10m these are available, upon request via LGSS.
Effective from Monday 17 January 2022
From Monday 17th January, 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 mortgage deals will be 3.74% and for all new Buy-to-Let mortgage deals it will be 4.24%. All existing NatWest mortgage customers on an SVR will have their rate increased with effect from the 1st February.
Customers currently on a fixed rate deal or awaiting completion will move onto 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 products page on our web site.
NatWest to make rate changes across product ranges for both new and existing customers - 6th January
Effective from Friday 7 January 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
[FO29103] 60% LTV, decreasing by 9bps from 1.43% to 1.34%, product fee £995, cashback £250
[FO29105] 70% LTV, decreasing by 5bps from 1.48% to 1.43%, product fee £995, cashback £250
[FO29107] 75% LTV, decreasing by 5bps from 1.48% to 1.43%, product fee £995, cashback £250
[FO29111] 85% LTV, decreasing by 10bps from 1.58% to 1.48%, product fee £995
2 year fixed rate remortgage
[FO29129] 70% LTV, decreasing by 2bps from 1.47% to 1.45%, product fee £995, cashback £250
[FO29131] 75% LTV, decreasing by 2bps from 1.47% to 1.45%, product fee £995, cashback £250
[FO29133] 80% LTV, decreasing by 3bps from 1.53% to 1.50%, product fee £995, cashback £250
[FO29136] 85% LTV, decreasing by 18bps from 2.13% to 1.95%, product fee £0, cashback £250
[FO29135] 85% LTV, decreasing by 3bps from 1.58% to 1.55%, product fee £995, cashback £250
[FO29138] 90% LTV, decreasing by 9bps from 2.38% to 2.29%, product fee £0, cashback £250
[FO29137] 90% LTV, decreasing by 5bps from 2.08% to 2.03%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29115] 60% LTV, decreasing by 12bps from 1.61% to 1.49%, product fee £995, cashback £250
[FO29117] 70% LTV, decreasing by 9bps from 1.65% to 1.56%, product fee £995, cashback £250
[FO29119] 75% LTV, decreasing by 9bps from 1.65% to 1.56%, product fee £995, cashback £250
[FO29124] 85% LTV, decreasing by 5bps from 2.17% to 2.12%, product fee £0
[FO29123] 85% LTV, decreasing by 11bps from 1.99% to 1.88%, product fee £995
[FO29125] 90% LTV, decreasing by 15bps from 2.46% to 2.31%, product fee £995
5 year fixed rate remortgage
[FO29145] 85% LTV, decreasing by 21bps from 2.18% to 1.97%, product fee £995
[FO29146] 85% LTV, decreasing by 21bps from 2.39% to 2.18%, product fee £0
[FO29147] 90% LTV, decreasing by 31bps from 2.89% to 2.58%, product fee £995
[FO29148] 90% LTV, decreasing by 50bps from 3.12% to 2.62%, product fee £0
Rate Changes and Cashback Changes
2 year fixed rate purchase
[FO29104] 60% LTV, decreasing by 3bps from 1.66% to 1.63%, product fee £0, cashback increasing from £150 to £250
[FO29110] 80% LTV, decreasing by 8bps from 1.83% to 1.75%, product fee £0, cashback increasing from £150 to £250
[FO29109] 80% LTV, decreasing by 4bps from 1.49% to 1.45%, product fee £995, cashback increasing from £0 to £250
[FO29112] 85% LTV, decreasing by 11bps from 1.88% to 1.77%, product fee £0, cashback decreasing from £150 to £0
[FO29113] 90% LTV, decreasing by 10bps from 1.78% to 1.68%, product fee £995, cashback decreasing from £250 to £0
[FO29114] 90% LTV, decreasing by 18bps from 2.08% to 1.90%, product fee £0, cashback decreasing from £250 to £0
2 year fixed rate remortgage
[FO29127] 60% LTV, decreasing by 9bps from 1.38% to 1.29%, product fee £995, cashback decreasing from £250 to £0
[FO29128] 60% LTV, decreasing by 8bps from 1.66% to 1.58%, product fee £0, cashback decreasing from £150 to £0
[FO29130] 70% LTV, decreasing by 1bps from 1.70% to 1.69%, product fee £0, cashback increasing from £150 to £250
[FO29132] 75% LTV, decreasing by 1bps from 1.70% to 1.69%, product fee £0, cashback increasing from £150 to £250
[FO29134] 80% LTV, decreasing by 12bps from 1.99% to 1.87%, product fee £0, cashback increasing from £200 to £250
2 year tracker rate remortgage
[TO5512] 75% LTV, decreasing by 5bps from 1.04% to 0.99%, product fee £1,495, cashback decreasing from £250 to £0
5 year fixed rate purchase
[FO29116] 60% LTV, decreasing by 6bps from 1.76% to 1.70%, product fee £0, cashback increasing from £150 to £250
[FO29118] 70% LTV, decreasing by 10bps from 1.83% to 1.73%, product fee £0, cashback increasing from £150 to £250
[FO29120] 75% LTV, decreasing by 10bps from 1.83% to 1.73%, product fee £0, cashback increasing from £150 to £250
[FO29122] 80% LTV, increasing by 4bps from 1.90% to 1.94%, product fee £0, cashback increasing from £0 to £250
[FO29121] 80% LTV, decreasing by 2bps from 1.74% to 1.72%, product fee £995, cashback increasing from £0 to £250
[FO29126] 90% LTV, decreasing by 22bps from 2.68% to 2.46%, product fee £0, cashback decreasing from £150 to £0
5 year fixed rate remortgage
[FO29140] 60% LTV, decreasing by 13bps from 1.76% to 1.63%, product fee £0, cashback decreasing from £150 to £0
[FO29139] 60% LTV, decreasing by 14bps from 1.61% to 1.47%, product fee £995, cashback decreasing from £250 to £0
[FO29141] 70% LTV, decreasing by 12bps from 1.65% to 1.53%, product fee £995, cashback decreasing from £250 to £0
[FO29142] 70% LTV, decreasing by 11bps from 1.83% to 1.72%, product fee £0, cashback decreasing from £150 to £0
[FO29144] 75% LTV, decreasing by 11bps from 1.83% to 1.72%, product fee £0, cashback decreasing from £150 to £0
[FO29143] 75% LTV, decreasing by 12bps from 1.65% to 1.53%, product fee £995, cashback decreasing from £250 to £0
Cashback Changes
2 year fixed rate purchase
[FO29106] 70% LTV, 1.70%, product fee £0, cashback increasing from £150 to £250
[FO29108] 75% LTV, 1.70%, product fee £0, cashback increasing from £150 to £250
First Time Buyer
Residential
Rate Changes and Cashback Changes
2 year fixed rate purchase
[FO29150] 85% LTV, increasing by 1bps from 1.57% to 1.58%, product fee £995, cashback increasing from £350 to £750
[FO29152] 90% LTV, increasing by 4bps from 1.77% to 1.81%, product fee £995, cashback increasing from £350 to £750
5 year fixed rate purchase
[FO29154] 85% LTV, decreasing by 1bps from 1.98% to 1.97%, product fee £995, cashback increasing from £350 to £750
[FO29156] 90% LTV, decreasing by 10bps from 2.45% to 2.35%, product fee £995, cashback increasing from £350 to £750
New Products
2 year fixed rate purchase
[FO29149] 85% LTV, 1.99%, product fee £0, cashback £750
[FO29151] 90% LTV, 2.22%, product fee £0, cashback £750
5 year fixed rate purchase
[FO29153] 85% LTV, 2.25%, product fee £0, cashback £750
[FO29155] 90% LTV, 2.59%, product fee £0, cashback £750
Withdrawn
5 year fixed rate purchase
[FO28874] 80% LTV, 1.73%, product fee £995, cashback £350
Shared Equity
Residential
Rate Changes
2 year fixed rate purchase
[FO29159] 70% LTV, decreasing by 3bps from 1.88% to 1.85%, product fee £0
[FO29161] 75% LTV, decreasing by 3bps from 1.88% to 1.85%, product fee £0
5 year fixed rate purchase
[FO29163] 60% LTV, decreasing by 34bps from 2.19% to 1.85%, product fee £0
[FO29162] 60% LTV, decreasing by 12bps from 1.71% to 1.59%, product fee £995, cashback £250
[FO29165] 70% LTV, decreasing by 50bps from 2.38% to 1.88%, product fee £0
[FO29167] 75% LTV, decreasing by 50bps from 2.38% to 1.88%, product fee £0
Rate Changes and Cashback Changes
2 year fixed rate purchase
[FO29157] 60% LTV, decreasing by 6bps from 1.50% to 1.44%, product fee £995, cashback decreasing from £400 to £250
[FO29158] 70% LTV, decreasing by 9bps from 1.63% to 1.54%, product fee £995, cashback decreasing from £500 to £250
[FO29160] 75% LTV, decreasing by 9bps from 1.63% to 1.54%, product fee £995, cashback decreasing from £500 to £250
5 year fixed rate purchase
[FO29164] 70% LTV, decreasing by 22bps from 1.88% to 1.66%, product fee £995, cashback decreasing from £500 to £250
[FO29166] 75% LTV, decreasing by 22bps from 1.88% to 1.66%, product fee £995, cashback decreasing from £500 to £250
Help to Buy: shared equity
Residential
Rate Changes
2 year fixed rate purchase
[FO29170] 70% LTV, decreasing by 3bps from 1.88% to 1.85%, product fee £0
[FO29172] 75% LTV, decreasing by 3bps from 1.88% to 1.85%, product fee £0
5 year fixed rate purchase
[FO29173] 60% LTV, decreasing by 12bps from 1.71% to 1.59%, product fee £995, cashback £250
[FO29174] 60% LTV, decreasing by 34bps from 2.19% to 1.85%, product fee £0
[FO29176] 70% LTV, decreasing by 50bps from 2.38% to 1.88%, product fee £0
[FO29178] 75% LTV, decreasing by 50bps from 2.38% to 1.88%, product fee £0
Rate Changes and Cashback Changes
2 year fixed rate purchase
[FO29168] 60% LTV, decreasing by 6bps from 1.50% to 1.44%, product fee £995, cashback decreasing from £400 to £250
[FO29169] 70% LTV, decreasing by 9bps from 1.63% to 1.54%, product fee £995, cashback decreasing from £500 to £250
[FO29171] 75% LTV, decreasing by 9bps from 1.63% to 1.54%, product fee £995, cashback decreasing from £500 to £250
5 year fixed rate purchase
[FO29175] 70% LTV, decreasing by 22bps from 1.88% to 1.66%, product fee £995, cashback decreasing from £500 to £250
[FO29177] 75% LTV, decreasing by 22bps from 1.88% to 1.66%, product fee £995, cashback decreasing from £500 to £250
BTL Range
Buy To Let
Rate Changes
2 year fixed rate remortgage
[FO29182] 70% LTV, increasing by 5bps from 1.54% to 1.59%, product fee £995
[FO29183] 70% LTV, increasing by 5bps from 1.78% to 1.83%, product fee £0
[FO29185] 75% LTV, increasing by 5bps from 1.78% to 1.83%, product fee £0
[FO29184] 75% LTV, increasing by 5bps from 1.54% to 1.59%, product fee £995
5 year fixed rate purchase
[FO29179] 75% LTV, increasing by 4bps from 1.79% to 1.83%, product fee £995
[FO29180] 75% LTV, increasing by 5bps from 2.13% to 2.18%, product fee £0
[FO29181] 75% LTV, increasing by 3bps from 1.74% to 1.77%, product fee £1,495
5 year fixed rate remortgage
[FO29186] 60% LTV, increasing by 5bps from 1.90% to 1.95%, product fee £0
Green Mortgages
Residential
Rate Changes
2 year fixed rate purchase
[FO29187] 60% LTV, decreasing by 9bps from 1.42% to 1.33%, product fee £995, cashback £250
[FO29188] 75% LTV, decreasing by 5bps from 1.47% to 1.42%, product fee £995, cashback £250
[FO29189] 85% LTV, decreasing by 10bps from 1.56% to 1.46%, product fee £995, cashback £250
2 year fixed rate remortgage
[FO29193] 60% LTV, decreasing by 9bps from 1.37% to 1.28%, product fee £995, cashback £250
[FO29194] 75% LTV, decreasing by 2bps from 1.46% to 1.44%, product fee £995, cashback £250
[FO29195] 85% LTV, decreasing by 3bps from 1.56% to 1.53%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29190] 60% LTV, decreasing by 12bps from 1.60% to 1.48%, product fee £995, cashback £350
[FO29191] 75% LTV, decreasing by 9bps from 1.64% to 1.55%, product fee £995, cashback £350
[FO29192] 85% LTV, decreasing by 10bps from 1.97% to 1.87%, product fee £995, cashback £350
5 year fixed rate remortgage
[FO29196] 60% LTV, decreasing by 14bps from 1.60% to 1.46%, product fee £995, cashback £350
[FO29197] 75% LTV, decreasing by 12bps from 1.64% to 1.52%, product fee £995, cashback £350
[FO29198] 85% LTV, decreasing by 15bps from 2.10% to 1.95%, product fee £995, cashback £350
BTL Green Mortgages
Buy To Let
Rate Changes
2 year fixed rate remortgage
[FO29200] 75% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
5 year fixed rate purchase
[FO29199] 75% LTV, increasing by 4bps from 1.78% to 1.82%, product fee £995
Existing Customer
Core Range
Residential
Rate Changes
2 year fixed rate switcher
[FO29202] 60% LTV, decreasing by 3bps from 1.52% to 1.49%, product fee £0
[FO29201] 60% LTV, decreasing by 5bps from 1.22% to 1.17%, product fee £995
[FO29203] 70% LTV, decreasing by 3bps from 1.40% to 1.37%, product fee £995
[FO29204] 75% LTV, decreasing by 3bps from 1.40% to 1.37%, product fee £995
[FO29205] 80% LTV, decreasing by 3bps from 1.43% to 1.40%, product fee £995
[FO29206] 80% LTV, decreasing by 10bps from 1.99% to 1.89%, product fee £0
[FO29208] 85% LTV, decreasing by 20bps from 2.14% to 1.94%, product fee £0
[FO29207] 85% LTV, decreasing by 4bps from 1.60% to 1.56%, product fee £995
[FO29209] 90% LTV, decreasing by 14bps from 2.23% to 2.09%, product fee £995
[FO29210] 90% LTV, decreasing by 20bps from 2.60% to 2.40%, product fee £0
[FO29211] 100% LTV, decreasing by 10bps from 3.00% to 2.90%, product fee £995
[FO29212] 100% LTV, decreasing by 10bps from 3.20% to 3.10%, product fee £0
5 year fixed rate switcher
[FO29213] 60% LTV, decreasing by 2bps from 1.71% to 1.69%, product fee £0
[FO29215] 70% LTV, decreasing by 2bps from 1.74% to 1.72%, product fee £0
[FO29214] 70% LTV, decreasing by 1bps from 1.55% to 1.54%, product fee £995
5 year fixed rate switcher - high value
[FO29234] 70% LTV, decreasing by 1bps from 1.54% to 1.53%, product fee £995
5 year fixed rate switcher
[FO29217] 75% LTV, decreasing by 2bps from 1.74% to 1.72%, product fee £0
[FO29216] 75% LTV, decreasing by 1bps from 1.55% to 1.54%, product fee £995
5 year fixed rate switcher - high value
[FO29235] 75% LTV, decreasing by 1bps from 1.54% to 1.53%, product fee £995
5 year fixed rate switcher
[FO29218] 80% LTV, decreasing by 20bps from 2.34% to 2.14%, product fee £0
[FO29219] 85% LTV, decreasing by 16bps from 2.24% to 2.08%, product fee £995
[FO29220] 85% LTV, decreasing by 20bps from 2.64% to 2.44%, product fee £0
[FO29221] 90% LTV, decreasing by 20bps from 2.96% to 2.76%, product fee £995
[FO29222] 90% LTV, decreasing by 35bps from 3.47% to 3.12%, product fee £0
BTL Standard Switcher Range
Buy To Let
Rate Changes
2 year fixed rate switcher
[FO29223] 70% LTV, decreasing by 5bps from 1.74% to 1.69%, product fee £995
[FO29224] 70% LTV, decreasing by 4bps from 1.93% to 1.89%, product fee £0
[FO29226] 75% LTV, decreasing by 4bps from 1.93% to 1.89%, product fee £0
[FO29225] 75% LTV, decreasing by 5bps from 1.74% to 1.69%, product fee £995
[FO29227] 90% LTV, decreasing by 10bps from 3.40% to 3.30%, product fee £0
5 year fixed rate switcher
[FO29229] 60% LTV, decreasing by 15bps from 2.10% to 1.95%, product fee £0
[FO29228] 60% LTV, decreasing by 8bps from 1.81% to 1.73%, product fee £995
[FO29231] 70% LTV, decreasing by 17bps from 2.21% to 2.04%, product fee £0
[FO29230] 70% LTV, decreasing by 21bps from 2.10% to 1.89%, product fee £995
[FO29232] 75% LTV, decreasing by 21bps from 2.10% to 1.89%, product fee £995
[FO29233] 75% LTV, decreasing by 17bps from 2.21% to 2.04%, 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 6 January, 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 e-mail your BDM by midday on Friday 7 January 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 for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
- State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange
Paper applications must be signed by all applicants and the original received at the following address by close of business on Tuesday 11th January 2022 for your rate to be honoured:
FREEPOST NatWest Intermediary Solutions
Mortgage Centre
Cartsdyke Avenue
Greenock
PA15 1ED
NatWest to make rate changes across product ranges for both new and existing customers - 6th January
Effective from Friday 7 January 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
[FO29103] 60% LTV, decreasing by 9bps from 1.43% to 1.34%, product fee £995, cashback £250
[FO29105] 70% LTV, decreasing by 5bps from 1.48% to 1.43%, product fee £995, cashback £250
[FO29107] 75% LTV, decreasing by 5bps from 1.48% to 1.43%, product fee £995, cashback £250
[FO29111] 85% LTV, decreasing by 10bps from 1.58% to 1.48%, product fee £995
2 year fixed rate remortgage
[FO29129] 70% LTV, decreasing by 2bps from 1.47% to 1.45%, product fee £995, cashback £250
[FO29131] 75% LTV, decreasing by 2bps from 1.47% to 1.45%, product fee £995, cashback £250
[FO29133] 80% LTV, decreasing by 3bps from 1.53% to 1.50%, product fee £995, cashback £250
[FO29136] 85% LTV, decreasing by 18bps from 2.13% to 1.95%, product fee £0, cashback £250
[FO29135] 85% LTV, decreasing by 3bps from 1.58% to 1.55%, product fee £995, cashback £250
[FO29138] 90% LTV, decreasing by 9bps from 2.38% to 2.29%, product fee £0, cashback £250
[FO29137] 90% LTV, decreasing by 5bps from 2.08% to 2.03%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29115] 60% LTV, decreasing by 12bps from 1.61% to 1.49%, product fee £995, cashback £250
[FO29117] 70% LTV, decreasing by 9bps from 1.65% to 1.56%, product fee £995, cashback £250
[FO29119] 75% LTV, decreasing by 9bps from 1.65% to 1.56%, product fee £995, cashback £250
[FO29124] 85% LTV, decreasing by 5bps from 2.17% to 2.12%, product fee £0
[FO29123] 85% LTV, decreasing by 11bps from 1.99% to 1.88%, product fee £995
[FO29125] 90% LTV, decreasing by 15bps from 2.46% to 2.31%, product fee £995
5 year fixed rate remortgage
[FO29145] 85% LTV, decreasing by 21bps from 2.18% to 1.97%, product fee £995
[FO29146] 85% LTV, decreasing by 21bps from 2.39% to 2.18%, product fee £0
[FO29147] 90% LTV, decreasing by 31bps from 2.89% to 2.58%, product fee £995
[FO29148] 90% LTV, decreasing by 50bps from 3.12% to 2.62%, product fee £0
Rate Changes and Cashback Changes
2 year fixed rate purchase
[FO29104] 60% LTV, decreasing by 3bps from 1.66% to 1.63%, product fee £0, cashback increasing from £150 to £250
[FO29110] 80% LTV, decreasing by 8bps from 1.83% to 1.75%, product fee £0, cashback increasing from £150 to £250
[FO29109] 80% LTV, decreasing by 4bps from 1.49% to 1.45%, product fee £995, cashback increasing from £0 to £250
[FO29112] 85% LTV, decreasing by 11bps from 1.88% to 1.77%, product fee £0, cashback decreasing from £150 to £0
[FO29113] 90% LTV, decreasing by 10bps from 1.78% to 1.68%, product fee £995, cashback decreasing from £250 to £0
[FO29114] 90% LTV, decreasing by 18bps from 2.08% to 1.90%, product fee £0, cashback decreasing from £250 to £0
2 year fixed rate remortgage
[FO29127] 60% LTV, decreasing by 9bps from 1.38% to 1.29%, product fee £995, cashback decreasing from £250 to £0
[FO29128] 60% LTV, decreasing by 8bps from 1.66% to 1.58%, product fee £0, cashback decreasing from £150 to £0
[FO29130] 70% LTV, decreasing by 1bps from 1.70% to 1.69%, product fee £0, cashback increasing from £150 to £250
[FO29132] 75% LTV, decreasing by 1bps from 1.70% to 1.69%, product fee £0, cashback increasing from £150 to £250
[FO29134] 80% LTV, decreasing by 12bps from 1.99% to 1.87%, product fee £0, cashback increasing from £200 to £250
2 year tracker rate remortgage
[TO5512] 75% LTV, decreasing by 5bps from 1.04% to 0.99%, product fee £1,495, cashback decreasing from £250 to £0
5 year fixed rate purchase
[FO29116] 60% LTV, decreasing by 6bps from 1.76% to 1.70%, product fee £0, cashback increasing from £150 to £250
[FO29118] 70% LTV, decreasing by 10bps from 1.83% to 1.73%, product fee £0, cashback increasing from £150 to £250
[FO29120] 75% LTV, decreasing by 10bps from 1.83% to 1.73%, product fee £0, cashback increasing from £150 to £250
[FO29122] 80% LTV, increasing by 4bps from 1.90% to 1.94%, product fee £0, cashback increasing from £0 to £250
[FO29121] 80% LTV, decreasing by 2bps from 1.74% to 1.72%, product fee £995, cashback increasing from £0 to £250
[FO29126] 90% LTV, decreasing by 22bps from 2.68% to 2.46%, product fee £0, cashback decreasing from £150 to £0
5 year fixed rate remortgage
[FO29140] 60% LTV, decreasing by 13bps from 1.76% to 1.63%, product fee £0, cashback decreasing from £150 to £0
[FO29139] 60% LTV, decreasing by 14bps from 1.61% to 1.47%, product fee £995, cashback decreasing from £250 to £0
[FO29141] 70% LTV, decreasing by 12bps from 1.65% to 1.53%, product fee £995, cashback decreasing from £250 to £0
[FO29142] 70% LTV, decreasing by 11bps from 1.83% to 1.72%, product fee £0, cashback decreasing from £150 to £0
[FO29144] 75% LTV, decreasing by 11bps from 1.83% to 1.72%, product fee £0, cashback decreasing from £150 to £0
[FO29143] 75% LTV, decreasing by 12bps from 1.65% to 1.53%, product fee £995, cashback decreasing from £250 to £0
Cashback Changes
2 year fixed rate purchase
[FO29106] 70% LTV, 1.70%, product fee £0, cashback increasing from £150 to £250
[FO29108] 75% LTV, 1.70%, product fee £0, cashback increasing from £150 to £250
First Time Buyer
Residential
Rate Changes and Cashback Changes
2 year fixed rate purchase
[FO29150] 85% LTV, increasing by 1bps from 1.57% to 1.58%, product fee £995, cashback increasing from £350 to £750
[FO29152] 90% LTV, increasing by 4bps from 1.77% to 1.81%, product fee £995, cashback increasing from £350 to £750
5 year fixed rate purchase
[FO29154] 85% LTV, decreasing by 1bps from 1.98% to 1.97%, product fee £995, cashback increasing from £350 to £750
[FO29156] 90% LTV, decreasing by 10bps from 2.45% to 2.35%, product fee £995, cashback increasing from £350 to £750
New Products
2 year fixed rate purchase
[FO29149] 85% LTV, 1.99%, product fee £0, cashback £750
[FO29151] 90% LTV, 2.22%, product fee £0, cashback £750
5 year fixed rate purchase
[FO29153] 85% LTV, 2.25%, product fee £0, cashback £750
[FO29155] 90% LTV, 2.59%, product fee £0, cashback £750
Withdrawn
5 year fixed rate purchase
[FO28874] 80% LTV, 1.73%, product fee £995, cashback £350
Shared Equity
Residential
Rate Changes
2 year fixed rate purchase
[FO29159] 70% LTV, decreasing by 3bps from 1.88% to 1.85%, product fee £0
[FO29161] 75% LTV, decreasing by 3bps from 1.88% to 1.85%, product fee £0
5 year fixed rate purchase
[FO29163] 60% LTV, decreasing by 34bps from 2.19% to 1.85%, product fee £0
[FO29162] 60% LTV, decreasing by 12bps from 1.71% to 1.59%, product fee £995, cashback £250
[FO29165] 70% LTV, decreasing by 50bps from 2.38% to 1.88%, product fee £0
[FO29167] 75% LTV, decreasing by 50bps from 2.38% to 1.88%, product fee £0
Rate Changes and Cashback Changes
2 year fixed rate purchase
[FO29157] 60% LTV, decreasing by 6bps from 1.50% to 1.44%, product fee £995, cashback decreasing from £400 to £250
[FO29158] 70% LTV, decreasing by 9bps from 1.63% to 1.54%, product fee £995, cashback decreasing from £500 to £250
[FO29160] 75% LTV, decreasing by 9bps from 1.63% to 1.54%, product fee £995, cashback decreasing from £500 to £250
5 year fixed rate purchase
[FO29164] 70% LTV, decreasing by 22bps from 1.88% to 1.66%, product fee £995, cashback decreasing from £500 to £250
[FO29166] 75% LTV, decreasing by 22bps from 1.88% to 1.66%, product fee £995, cashback decreasing from £500 to £250
Help to Buy: shared equity
Residential
Rate Changes
2 year fixed rate purchase
[FO29170] 70% LTV, decreasing by 3bps from 1.88% to 1.85%, product fee £0
[FO29172] 75% LTV, decreasing by 3bps from 1.88% to 1.85%, product fee £0
5 year fixed rate purchase
[FO29173] 60% LTV, decreasing by 12bps from 1.71% to 1.59%, product fee £995, cashback £250
[FO29174] 60% LTV, decreasing by 34bps from 2.19% to 1.85%, product fee £0
[FO29176] 70% LTV, decreasing by 50bps from 2.38% to 1.88%, product fee £0
[FO29178] 75% LTV, decreasing by 50bps from 2.38% to 1.88%, product fee £0
Rate Changes and Cashback Changes
2 year fixed rate purchase
[FO29168] 60% LTV, decreasing by 6bps from 1.50% to 1.44%, product fee £995, cashback decreasing from £400 to £250
[FO29169] 70% LTV, decreasing by 9bps from 1.63% to 1.54%, product fee £995, cashback decreasing from £500 to £250
[FO29171] 75% LTV, decreasing by 9bps from 1.63% to 1.54%, product fee £995, cashback decreasing from £500 to £250
5 year fixed rate purchase
[FO29175] 70% LTV, decreasing by 22bps from 1.88% to 1.66%, product fee £995, cashback decreasing from £500 to £250
[FO29177] 75% LTV, decreasing by 22bps from 1.88% to 1.66%, product fee £995, cashback decreasing from £500 to £250
BTL Range
Buy To Let
Rate Changes
2 year fixed rate remortgage
[FO29182] 70% LTV, increasing by 5bps from 1.54% to 1.59%, product fee £995
[FO29183] 70% LTV, increasing by 5bps from 1.78% to 1.83%, product fee £0
[FO29185] 75% LTV, increasing by 5bps from 1.78% to 1.83%, product fee £0
[FO29184] 75% LTV, increasing by 5bps from 1.54% to 1.59%, product fee £995
5 year fixed rate purchase
[FO29179] 75% LTV, increasing by 4bps from 1.79% to 1.83%, product fee £995
[FO29180] 75% LTV, increasing by 5bps from 2.13% to 2.18%, product fee £0
[FO29181] 75% LTV, increasing by 3bps from 1.74% to 1.77%, product fee £1,495
5 year fixed rate remortgage
[FO29186] 60% LTV, increasing by 5bps from 1.90% to 1.95%, product fee £0
Green Mortgages
Residential
Rate Changes
2 year fixed rate purchase
[FO29187] 60% LTV, decreasing by 9bps from 1.42% to 1.33%, product fee £995, cashback £250
[FO29188] 75% LTV, decreasing by 5bps from 1.47% to 1.42%, product fee £995, cashback £250
[FO29189] 85% LTV, decreasing by 10bps from 1.56% to 1.46%, product fee £995, cashback £250
2 year fixed rate remortgage
[FO29193] 60% LTV, decreasing by 9bps from 1.37% to 1.28%, product fee £995, cashback £250
[FO29194] 75% LTV, decreasing by 2bps from 1.46% to 1.44%, product fee £995, cashback £250
[FO29195] 85% LTV, decreasing by 3bps from 1.56% to 1.53%, product fee £995, cashback £250
5 year fixed rate purchase
[FO29190] 60% LTV, decreasing by 12bps from 1.60% to 1.48%, product fee £995, cashback £350
[FO29191] 75% LTV, decreasing by 9bps from 1.64% to 1.55%, product fee £995, cashback £350
[FO29192] 85% LTV, decreasing by 10bps from 1.97% to 1.87%, product fee £995, cashback £350
5 year fixed rate remortgage
[FO29196] 60% LTV, decreasing by 14bps from 1.60% to 1.46%, product fee £995, cashback £350
[FO29197] 75% LTV, decreasing by 12bps from 1.64% to 1.52%, product fee £995, cashback £350
[FO29198] 85% LTV, decreasing by 15bps from 2.10% to 1.95%, product fee £995, cashback £350
BTL Green Mortgages
Buy To Let
Rate Changes
2 year fixed rate remortgage
[FO29200] 75% LTV, increasing by 5bps from 1.53% to 1.58%, product fee £995
5 year fixed rate purchase
[FO29199] 75% LTV, increasing by 4bps from 1.78% to 1.82%, product fee £995
Existing Customer
Core Range
Residential
Rate Changes
2 year fixed rate switcher
[FO29202] 60% LTV, decreasing by 3bps from 1.52% to 1.49%, product fee £0
[FO29201] 60% LTV, decreasing by 5bps from 1.22% to 1.17%, product fee £995
[FO29203] 70% LTV, decreasing by 3bps from 1.40% to 1.37%, product fee £995
[FO29204] 75% LTV, decreasing by 3bps from 1.40% to 1.37%, product fee £995
[FO29205] 80% LTV, decreasing by 3bps from 1.43% to 1.40%, product fee £995
[FO29206] 80% LTV, decreasing by 10bps from 1.99% to 1.89%, product fee £0
[FO29208] 85% LTV, decreasing by 20bps from 2.14% to 1.94%, product fee £0
[FO29207] 85% LTV, decreasing by 4bps from 1.60% to 1.56%, product fee £995
[FO29209] 90% LTV, decreasing by 14bps from 2.23% to 2.09%, product fee £995
[FO29210] 90% LTV, decreasing by 20bps from 2.60% to 2.40%, product fee £0
[FO29211] 100% LTV, decreasing by 10bps from 3.00% to 2.90%, product fee £995
[FO29212] 100% LTV, decreasing by 10bps from 3.20% to 3.10%, product fee £0
5 year fixed rate switcher
[FO29213] 60% LTV, decreasing by 2bps from 1.71% to 1.69%, product fee £0
[FO29215] 70% LTV, decreasing by 2bps from 1.74% to 1.72%, product fee £0
[FO29214] 70% LTV, decreasing by 1bps from 1.55% to 1.54%, product fee £995
5 year fixed rate switcher - high value
[FO29234] 70% LTV, decreasing by 1bps from 1.54% to 1.53%, product fee £995
5 year fixed rate switcher
[FO29217] 75% LTV, decreasing by 2bps from 1.74% to 1.72%, product fee £0
[FO29216] 75% LTV, decreasing by 1bps from 1.55% to 1.54%, product fee £995
5 year fixed rate switcher - high value
[FO29235] 75% LTV, decreasing by 1bps from 1.54% to 1.53%, product fee £995
5 year fixed rate switcher
[FO29218] 80% LTV, decreasing by 20bps from 2.34% to 2.14%, product fee £0
[FO29219] 85% LTV, decreasing by 16bps from 2.24% to 2.08%, product fee £995
[FO29220] 85% LTV, decreasing by 20bps from 2.64% to 2.44%, product fee £0
[FO29221] 90% LTV, decreasing by 20bps from 2.96% to 2.76%, product fee £995
[FO29222] 90% LTV, decreasing by 35bps from 3.47% to 3.12%, product fee £0
BTL Standard Switcher Range
Buy To Let
Rate Changes
2 year fixed rate switcher
[FO29223] 70% LTV, decreasing by 5bps from 1.74% to 1.69%, product fee £995
[FO29224] 70% LTV, decreasing by 4bps from 1.93% to 1.89%, product fee £0
[FO29226] 75% LTV, decreasing by 4bps from 1.93% to 1.89%, product fee £0
[FO29225] 75% LTV, decreasing by 5bps from 1.74% to 1.69%, product fee £995
[FO29227] 90% LTV, decreasing by 10bps from 3.40% to 3.30%, product fee £0
5 year fixed rate switcher
[FO29229] 60% LTV, decreasing by 15bps from 2.10% to 1.95%, product fee £0
[FO29228] 60% LTV, decreasing by 8bps from 1.81% to 1.73%, product fee £995
[FO29231] 70% LTV, decreasing by 17bps from 2.21% to 2.04%, product fee £0
[FO29230] 70% LTV, decreasing by 21bps from 2.10% to 1.89%, product fee £995
[FO29232] 75% LTV, decreasing by 21bps from 2.10% to 1.89%, product fee £995
[FO29233] 75% LTV, decreasing by 17bps from 2.21% to 2.04%, 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 6 January, 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 e-mail your BDM by midday on Friday 7 January 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 for paper application - If you have experienced a technical issue a clear description of the problem encountered with error code (if applicable) must be provided
- State whether you were trying to submit via NatWest Intermediary Solutions’ website or the Mortgage Trading Exchange
Paper applications must be signed by all applicants and the original received at the following address by close of business on Tuesday 11th January 2022 for your rate to be honoured:
FREEPOST NatWest Intermediary Solutions
Mortgage Centre
Cartsdyke Avenue
Greenock
PA15 1ED