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Notification of product withdrawal: shared ownership

Written by Joanne Leek

11 May 2022

Tags

Product Changes

3 min read

We’re withdrawing one of our shared ownership products at 5pm tomorrow, Thursday 12 May:

• Shared ownership 2-year fixed rate at 2.99%, 90% LTV

To assist with any current cases we’re offering a set period of time to submit DIPs and FMAs, after the product has been withdrawn.

DIPs:
DIPs can be submitted up to 5pm on Friday 13 May.

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

Our remaining options for your shared ownership clients include 2-year fixed and discount deals to 95% LTV, plus 5-year fixed rate products for both 90% and 95% LTV.

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