The lender has confirmed that they are reducing rates by up to 15bps across their product portfolios, a summary of which is provided below:
New Business
A. Intermediary Exclusives
- Purchase: Rate reductions of 14bps across 60, 70, and 75% LTV deals
- Remortgage: Rate reductions of 14bps across 60, 70, and 75% LTV deals
B. Core Range
- Purchase: Rate reductions of 14bps across 60, 70, and 75% LTV deals
- Remortgage: Rate reductions of 14bps across 60, 70, and 75% LTV deals
Existing Customers
C. Core Range
- Switcher: Rate reductions of 14bps across 60, 70, and 75% LTV deals
Mark Bullard, Head of Sales said: “I’m pleased that we’re further demonstrating our appetite to lend by making rate reductions across a wide variety of products and LTV bandings and are focusing on new and existing customers.”
