According to the lender, the new rates will be available from today and will include:
Residential
•1.29% (reduced from 1.49%) 2 Year Fixed to 31.03.19, 50% LTV, ERCs payable to 31.03.19, with a £999 product fee.
Buy to Let
•1.79% (reduced from 1.99%) 2 Year Fixed to 31.01.19, 65% LTV, ERCs payable to 31.01.19 and £1,999 product fee.
Kevin Purvey, Director of Intermediaries, said: “We’re delighted to launch our lowest ever 2 Year Fixed rate at 1.29%, as well as reduce rates on selected Residential and Buy to Let 2 Year Fixed products by up to 0.30%. With competitive rates, a range of
LTV options and no application fee, our 2 Year Fixed products are ideal for clients looking for the security of fixed mortgage payments over a shorter term. In addition, all of our products include a valuation of up to £670 for Residential and £700 for Buy to Let mortgages”.