On 14 December 2022 we replaced the majority of our current discounted variable rate mortgage products and launched new fixed rates. We also announced increases to our Managed Mortgage Rates which will take effect in January.

Owner Occupier fixed rates:

• Core range repayment five year fixed rates starting at 5.54%
• JMSO repayment five year fixed rates starting at 5.64%
• Family Mortgage five year fixed at 5.69%
• Interest-Only five year fixed rate at 5.99% for 60% LTV maximum
• Retirement Interest-Only at 5.99% for 50% LTV maximum
  

Buy to Let fixed rates:

• Five year fixed rates for UK Landlords starting at 6.39%
• Five year fixed rates for Limited Company SPVs starting at 6.54%
  

Managed Mortgage Rate & variable discount rate changes:

Effective from 21 January 2023 we will be increasing our Managed Mortgage Rates by 0.50%.

We also amended our discounted variable rate product range. All three year product rates are now withdrawn, with the majority being replaced by new shorter term two year products. Our Offset products have also been replaced with new interest rates. Our Retirement Lifestyle Booster has been suspended from sale.

Our discounted variable product details, and all representative examples displayed on our website, have been updated to reflect the impending 0.50% increase on our Managed Mortgage Rates.

See full details of our new product range here. 

The deadline for receipt of applications for all withdrawn mortgage products is:

• 5pm 14 December through our Mortgage Hub or by paper.
  

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.