From today, Tuesday 20 January, we've refreshed our product range pricing and enhanced our Buy to Let HMO criteria. Our HMO range now caters to properties with up to six bedrooms (previously four bedrooms). 

We are also announcing upcoming rate reductions to our Mortgage Reversion Rates, including our Managed Mortgage Rates (MMRs).

Further details are below:

Owner Occupier Fixed Rates

Repayment

• 2 Year Fixed Rates have decreased by 0.10%
• 5 Year Fixed Rates have decreased by 0.05%

Interest-Only

• 2 Year Fixed Rates have decreased by 0.10%
• 5 Year Fixed Rates remain the same.

Buy to Let Fixed Rates

New Business

Our 5 Year Limited Company Fixed Rate (3% Product Fee) has decreased by 0.10%. There have been no other changes to rates for UK Landlord, Expat Buy to Let, HMO and Expat Limited Company products.

Existing Borrower

No changes have been made to Buy to Let rates for our Existing Borrowers.

Buy to Let HMO

Our Buy to Let HMO range now caters to properties with up to six bedrooms (previously four bedrooms).

Managed Mortgage Rates and Discounted Variable Rates

Our Managed Mortgage Rates will reduce by 0.15% from 7 February.

This means:

• Pay rates for our Discounted Variable Rates will also drop by 0.15% on this date
• We've updated our website, other details such as representative examples and product literature to reflect the lower reversion rates effective from 7 February.
  
  

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.

See full details of our new product range here

We have a  team of BDMs ready, willing and able to answer any of your queries. If you don’t have a BDM in your area, you can contact our dedicated  Mortgage Desk.