The bank continues to offer a full prime residential portfolio to a maximum of 90% LTV, and has introduced lower rates for mortgages with a maximum LTV of 75%.
The new range includes a wide range of mortgage products with different features enabling customers to choose what term to fix over, whether to go for a no fee product, or to choose a product that tracks the Bank of England base rate. The range includes a two-year fixed rate of 5.99% if the borrower puts down a 25% deposit; or a two year tracker of BBR +0.89% on a 75% loan. A 2% product arrangement fee is payable on both.
