Bank of England Base Rate changes

20 August 2018 • Products & Services

As a result of the Bank of England base rate announcement, we have reviewed our mortgage product range. 

Product Withdrawals  

We'll be withdrawing the below products as of Wednesday 29th August and relaunching them on Thursday 30th August. 

To secure an existing product:

  • The Decision in Principle (DIP) will need to be submitted by 5pm Thursday 23rd August
  • The full application will need to be submitted by 5pm Wednesday 29th August
  • The application fee will need to be paid by 5pm Wednesday 29th August

Residential Products:

2 Year Fixed Rate 
2 Year Fixed Rate Minimum Loan 50k
5 Year Fixed Rate
5 Year Fixed Rate Minimum Loan 50k

Buy to Let Products:

BTL 2 Year Fixed Rate

Full product information is available here

Standard Variable Rate

As of Thursday 30th August we'll also be making the following changes:

  • Our Standard Variable Rate will increase by 0.25% to 5.24%
  • Our Buy to Let Variable Rate will increase by 0.25% to 5.89%  
  • All variable rate products will increase by 0.25%

Full product details will be available on our website