Launch of our 5 year fixed rate at 1.89%

24th April 2018

Great news! Live now, we’ve launched a new fixed rate product with a competitive rate of 1.89%

Want to know more?

Here are the key product details:

1. 5 year fixed rate at 1.89%
2. Maximum LTV 75%
3. Available for loan sizes between £80,000 - £499,999 with an arrangement fee of £1,499
4. Available for loan sizes between £500,000 - £1,000,000 with an arrangement fee of £2,499
5. Only available for mortgages on a full Capital & Interest basis
6. Available for purchase and remortgage
7. Remortgage applications benefit from free standard legal fees and one free valuation*.

*Please note that the switching package is only available to applicants moving their mortgage from another lender. If the property to be mortgaged is unencumbered then a free standard valuation is available. Free valuations are available on properties worth £2m, or less. Optima Legal Services will charge a funds transfer fee of £42 to applicants who use the switching package.

How to apply

We all want your cases to go through with minimum fuss and maximum speed. To give your cases the best chance of getting through first time, before applying online check out our packaging requirements.

Product Transfers

1. This product is also available for any Product Transfer applications you would like to submit via our online form
2. Existing customers benefit from a 50% reduction to arrangement fees and you can apply up to 6 months before your customer's current deal ends.
3. You can choose for your customer's Product Transfer to take place up to 3 months before their current deal ends without incurring an Early Repayment Charge.

If you have any questions, please contact your Relationship Manager.