Fixed rate product changes: 26 May

Written by Joanne Leek

26 May 2022

Tags

Product Changes

3 min read

Today we’re making changes to some of our fixed rate products, withdrawing our 2-year 95% fixed deal plus increasing rates on 80% 2-year and 3-year products and our expat residential range.

Full details of these changes can be found below.

We know short notice product changes can be disruptive so we’re continuing to offer a set period of time for you to submit DIPs and FMAs, after the products have been withdrawn.

DIPs:
DIPs can be submitted on old rates up to 5pm on Monday 30 May.

FMAs:
Mortgage applications from these previously submitted DIPs can be submitted up to 5pm on Friday 10 June.

80% fixed, capital & interest
• 2-year increased by 0.14%, now 2.59%
• 3-year increased by 0.16%, now 2.65%

Expat residential, capital & interest
• 2-year increased by 0.11%, now 3.10%
• 5-year increased by 0.10%, now 3.35%

Expat residential, interest only
• 2-year increased by 0.10%, now 3.25%

Product withdrawal:
• 95% 2-year fixed @ 3.15%

We have 95% fixed products remaining in range, with a 3-year fixed @ 3.19% and a 5-year fixed option @ 3.39%.

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We sent this information by email to our subscribers. The email will have come from “[email protected]” which is our dedicated, no-reply email address for outbound communications (if you need to email us directly, please use [email protected] instead).

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