The semi-exclusive product has an initial pay rate of 5.99% and tracks at 0.99% above bank base rate.
It is available for remortgage customers only with a loan-to-value (LTV) of up to 60% and a maximum loan size of £550,000. The product comes with free valuation – up to a property value of £2.5m - and standard legal fees paid with no higher lending charges.
The two-year tracker deal has a total booking fee of £499 with £150 of this required to be paid upfront and the balance can then be added to the loan. The product is available immediately.
