Important Changes to Mortgage Products

22 Aug 2024

From today, Thursday 22 August, we've launched a new range of Owner Occupier and Buy to Let Fixed Rate products. The updated product range includes products available for purchase, remortgage, further advance and product switch applications. We are also announcing decreases to our Managed Mortgage Rates, which will take effect in September.

We've also introduced a new Buy to Let UK Landlord product which has no Product fee. Further details are below:  

Owner Occupier Fixed Rates

All Repayment and Interest-Only Fixed Rate products have decreased.

Repayment



Interest-Only 

Buy to Let Fixed Rates

All UK Landlord, Limited Company and Expat Buy to Let Fixed Rate products have decreased.

 

New BTL UK Landlord and Limited Company Fixed Rate products

We have launched new Buy to Let UK Landlord and Limited Company Fixed Rate available for purchase and remortgage applications. The product features include:


BTL UK Landlord (Product code XF0897)

  • No Product Fee
  • No Application Fee
  • Minimum loan amount of £100,000
  • Maximum loan amount of £600,000
  • £500 cashback for remortgage applications.

BTL Limited Company (Product code XF0898)

  • No Application Fee
  • Minimum loan amount of £100,000
  • Maximum loan amount of £600,000
  • £500 cashback for remortgage applications.

Our Managed Mortgage Rates are decreasing

From 19 September 2024, our Managed Mortgage Rates will be decreasing by 0.25%. This means all our on-sale discounted variable rate products will be decreasing by 0.25% on the same date.

Our on-sale discounted variable rate product details, and all representative examples displayed on our website, have been updated today (to reflect the upcoming 0.25% decrease).

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.

Our team of BDMs now cover the whole of England and Wales, plus some areas of Scotland, and are all ready to answer your queries and guide you through the application process.

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

Find Your Local

Business Development Manager

Your Local BDM:

Sam Morrison

Working out of our head office, as our phone-based BDM in Epsom, Sam has a wealth of knowledge regarding our processes and criteria and covers a variety of postcodes across the UK.
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Your Local BDM:

Neil Cadwallader

Neil has over 19 years experience in Financial Services from pensions and investments to mortgages. Neil focuses around South Wales and the West of England area. Contact Neil for help with your clients' mortgages.
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Your Local BDM:

Stuart Heavens

Stuart focuses on the South Coast area. Contact Stuart for help with your clients' mortgages.
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Your Local BDM:

Amar Mashru

Amar focuses on the Central London area. Contact Amar for help with your clients' mortgages.
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Your Local BDM:

Arif Kara

Arif was previously a mortgage adviser, and focuses on North and West London. Contact Arif for help with your clients' mortgages.
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Your Local BDM:

Nathan Waller

Nathan, previously a mortgage broker, focuses on Cambridgeshire, East Sussex, Essex, Suffolk, Hertfordshire, Bedfordshire, Lincolnshire, Norfolk and Kent. Contact Nathan for help with your clients' mortgages.
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Your Local BDM:

Grace Bennett

Grace focuses around the West M25 area. Contact Grace for help with your clients' mortgages.
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Your Local BDM:

Darren Deacon

Darren has over 28 years' Financial Services experience and focuses on both the East and West Midlands as well as the Southwest. Contact Darren for help with your clients' mortgages.
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Your Local BDM:

Paul Roberts

Paul has over 30 years' experience and focuses on the North (inc. M62 corridor), Yorkshire and the North East. Contact Paul for help with your clients' mortgages.
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We do not currently have a BDM covering your area. Please contact our Mortgage Helpdesk:

Opening hours: Monday - Friday: 9am - 5.30pm. Saturday: Closed

We may record any telephone calls we have with you in the interest of staff training, monitoring customer service or for security purposes.

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