Foundation Updates

29 November 2021

We've cut 85% and 90% LTV fixed rates

We have today announced cuts to both our two and five year fixed rates at higher LTVs within our residential F1 range for borrowers with complex income or near mainstream credit.

The fixed rates see price cuts of 15 basis points at both 85% LTV and 90% LTV levels.

The two year fixed rate at 85% LTV is cut to 3.84% from 3.99% and at 90% LTV to 4.64% from 4.79%; the five year fixed rates at 85% LTV are cut to 4.04% from 4.19% and at 90% LTV to 4.84% from 4.99%.

These 85% LTV owner occupier products come with a £995 fixed product fee, and the 90% LTV products come with no product fee. They are available to movers, remortgagers and first time buyers alike.  

 George Gee, our Commercial Director, said:

“We want to support intermediaries with competitive pricing choices where possible, particularly at a time when many areas of the market place are seeing rates increasing or being withdrawn, and mortgage choices appear to be reducing for self employed owner occupiers or borrowers with complex income. We are therefore pleased to be able to introduce these residential price cuts of 15 basis points at higher loan to value bandings for near mainstream borrowers.”

Contact your BDM

FOR INTERMEDIARIES ONLY

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