New validity periods

You spoke and we listened. A fixed completion deadline will no longer apply to new fixed rate products. Instead, we've introduced a 3 month application validity period as well as a 3 month validity period from the date of the mortgage offer. Fixed rate mortgage products launched prior to 5 September will still be subject to their relevant completion deadline, unless we specifically advise that this has been extended.

This means that your clients will have 3 months from the date an application is received in order to secure an offer for one of our on sale mortgage products. Once a fixed rate mortgage product is offered, the mortgage offer will be valid for 3 months.

Our variable rate products will also be subject to the application validity period; however, the offer period remains unaffected and will continue to be 5 months.

We believe this new approach will provide greater flexibility and clarity for you and your clients.

Our brand new product range

As of today, 5 September 2022, we're launching a brand new fixed rate product range.

Owner Occupier fixed rate products

• 2 year repayment from 4.44%
• 2 year interest-only from 4.64% (semi-exclusive, speak to your BDM to access these rates)
• 5 year repayment from 4.29%
• 5 year interest-only 4.49% (semi-exclusive, speak to your BDM for more information)
• 2 year JMSO repayment from 4.54%
• 5 year JMSO repayment from 4.39%

Specialist mortgages including our Family Mortgage, RIO and Retirement Lifestyle Booster are also available.

Buy to Let fixed rate products

Our new BtL fixed rate range includes products for UK Landlords, Limited Co. BtLs and expats. All fixed rates have increased by 0.75% from the previous range.

There are no changes to our discount rate products at this time.

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