2 Year Fixed rates now start at 4.68% without an extended Early Repayment Charge or 1.85% with an extended ERC. The popular Home Equity Release Fixed for-life mortgage, has been reduced to 7.19%. New 10 and 15 Year Flexible Fixed Rate mortgages have also been launched, with rates starting at 5.79%.
We have also added a new 3 Year Flexible Tracker to our range. There is no Arrangement Fee and clients can borrow up to 95% LTV at 4.59% (BoE +0.84% for 3 Years). The product comes with an optional, Unsecured Cash Reserve of up to £10,000 to take borrowing up to a maximum 100% LTV.
Changes to Buy to Let policy include an increase in the maximum advance per property to £300,000 and an increase in the maximum total exposure to £1.2 million.
