Notification of fixed rate product changes

Written by Joanne Leek

18 May 2022

Tags

Product Changes

3 min read

We’re making changes to some of our fixed rate products for shared ownership and expat buy to let, plus for shared ownership adding a £199 application fee. These changes are effective Thursday 19 May.

Shared ownership:
90% 5-yr increased by 0.10%, now 3.35%
• 95% 5-yr increased by 0.09%, now 3.89%

Expat buy to let:
• 5-yr increased by 0.04%, now 3.99%

Application fee:
• £199 application fee now applicable to all shared ownership products

End date changes:
• May 2024 end dates have been moved to June 2024.

To help you with these product changes we’re offering a set period of time to submit DIPs and FMAs, after the products have been withdrawn.

DIPs:
DIPs can be submitted up to 5pm on Friday 20 May.

FMAs:
Mortgage applications from these previously submitted DIPs can be submitted up to 5pm on Tuesday 31 May.

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