Its core products (with the exception of the BTL29 and BTL31) will be withdrawn and removed from the Key Facts Illustration (KFI) and Decision In Principle (DIP) to be replaced with a new range on Monday 2 October.
The 75 per cent loan-to-value (LTV) Near Prime product (PRD38) will not be replaced.
Direct applications will be accepted on ceased products until close of business on Friday 13 October and packaged applications until 5pm Friday 27 October 2006.
Highlights of the replacement product range include:
Reduced interest rate of 5.49 per cent fixed on its five-year self cert product available up to 90 per cent LTV (SC107).
All new products carry end dates extended until 31 January.
