Important information about our mortgage products

From today, Wednesday 30 July, we've refreshed our product range and pricing along with changes to criteria and our affordability calculators for Owner Occupier and Buy to Let.

Further details are below:

Owner Occupier Fixed Rates

Repayment

Core range:

Our 2-Year Fixed Rates have decreased by 0.05%. 5-Year Fixed Rates are unchanged.

Joint Borrower Sole Proprietor (JBSP):

Our 2 Year Fixed Rates have decreased by 0.05%. 5 Year Fixed Rates have decreased by 0.10%. There is still no Application Fee for these products.

Family Mortgage:

Our 95% LTV Family Mortgage has decreased by 0.10%

Interest-Only

All rates remain unchanged.

High-loan semi-exclusive variants introduced in May have been withdrawn from sale.

Buy to Let Fixed Rates

UK Landlords

All 2 and 5 Year Fixed Rates have decreased by 0.05%.

2 and 5 Year Fixed Rates for HMO properties launched.

Limited Company BTL

All 2 and 5 Year Fixed Rates have decreased by 0.05%.

We have launched a new 5 Year Fixed Rate available through select intermediaries and our packaging partners.

Expat BTL

Our 2 Year Fixed Rates have decreased by 0.05%. 5 Year Fixed Rates are unchanged.

2 and 5 Year Fixed Rates for HMO properties launched.

Managed Mortgage Rates and Discounted Variable Rates

All Variable Rates remain unchanged.

Semi-exclusive products

On top of our standard range of products we have additional semi-exclusive products available via our packaging partners. For further information, speak to your local BDM.

Criteria and Calculator Changes

In addition to our pricing changes, we are also making some changes to our criteria and affordability calculators for both Owner Occupier and Buy to Let. Criteria amendments are live immediately, with calculator changes going live on Thursday 31 July 2025.

Owner Occupier Affordability:

• We have updated our stress rate methodology. This is likely to produce a higher affordability result for most applications

• All Interest-Only applications which have no associated cost to the repayment strategy (such as downsizing, sale of another property etc.) will be assessed against the Interest-Only payment regardless of the mortgage term requested

Buy to Let:

• We have reduced our minimum Interest Coverage Ratio requirement for all Limited Company BTL applications to 125%

• HMO and MUFB applications will now be accepted up to a maximum of 75% LTV

• HMO applications will now be accepted for personal name UK and Expat landlords

Affordability Calculator

Find out how much your residential client may be able to borrow. To see affordability for a Buy to Let client, use our Buy to Let calculator

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Business Development Manager