This includes reductions to Freestyle three, five and ten year residential rates, three year fixed buy to let rates and Freestyle Term Tracker products. Fees have been cut by as much as £700 on the Freestyle five year fixed low rate product.
Customers remortgaging to Standard Life Bank will benefit from the same rates and fees as house purchase customers which include:
Three year fixed residential rates from 5.95% up to 50% LTV (7.1% APR) fixed until 24/10/2011
Fix year fixed residential rates from 5.99% up to 75% LTV (7.0% APR) fixed until 24/10/2013
Ten year fixed residential rates from 6.19% up to 75% LTV (6.8% APR) fixed until 24/10/2018
Term Tracker rates from 6.25% up to 75% LTV (6.5% APR)
Three year fixed buy to let rates from 6.99% up to 75% LTV (7.9% APR) fixed until 24/10/2011