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Product update: new discount shared ownership deal plus extended fixed rate end dates

Written by Joanne Leek

16 Dec 2021

Tags

Product Changes, Shared Ownership

2 min read

We have made changes to our shared ownership range, introducing a new discount rate option for your clients plus extending the end dates on our existing fixed rate deals. We’ve also refreshed the end date on our existing holiday let fixed rate product too.

Here’s what you need to know:

Shared ownership – NEW 2-year discount rate @ 3.29%

  • SVR currently at 5.24% with a discount of 1.95%, current pay rate 3.29%
  • Up to 95% LTV of the share
  • No application, completion or valuation fees
  • For purchase or remortgage
  • Product codes: PUR 35047, REM 35048, STC 35049

Shared ownership – extended fixed rate end dates

  • 90% 2-year fixed rate at 3.25% now until 31.01.2024 (PUR 40147, REM 40148, STC 40149)
  • 95% 2-year fixed rate at 3.74% now until 31.01.2024 (PUR 40150, REM 40151, STC 40152)

Holiday let – extended fixed rate end date

  • 80% 2-year fixed rate at 3.79% now until 31.01.2024 (PUR 29276, REM 29277)

Click here to use our product finder.

Click here to view our lending criteria.

We’re here to help, so if you’ve got a case in mind, or need to speak to us, give us a call on 0330 123 1073 (option 1).

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