Notices

A record breaking year for awards.

It's been a record year for us on the awards front. Read about our latest award win at the Mortgage Introducer Awards, and all the other awards we've won in 2024. Find out more
Our Autumn newsletter is now available. You can download it here
Rate changes following Bank of England decision to decrease its Bank Rate by 0.25% to 4.75% on 7 November 2024. Find out more

Savings: Interest rates for Windfall Bond and Tracker Savings Bond will decrease by 0.25% from 1 December 2024. We will be writing to all customers individually to confirm the new rates.
Mortgages: Tracker mortgages will change on 25 December 2024 and we will write to customers individually with revised payment details where the new rate exceeds the minimum rate (or ‘floor’) already applying to their mortgage.
(Notice updated 08/11)
Online Service update. Due to planned essential maintenance our Online Service will be unavailable between Thursday 12December at 10:00pm until Friday 13 December at 2:00am. It will also be unavailable on Sunday 15 December between 8:00am and 6:00pm. We apologise for any inconvenience this may cause.

6.44% Expat (1.75% discounted rate from follow on rate) for 2 years (XD0217)

Initial interest rate	Current follow on rate	Overall cost for comparison	Repayment or Interest-Only?	Max % Loan to Value (LTV)	Product fees	Additional benefits
6.44% Expat (1.75% discounted rate from follow on rate) for 2 years (XD0217)
6.44%	8.19%	8.0%APRC	Interest-Only	60%	£0~

Key things to bear in mind

Purpose - Expat applications for Product Switch
Discount - 1.75% applied to our Managed Mortgage Rate for 2 years
Minimum Rate - 4.19%
Loan to Value - 60%
Application fee - £0 for Product Switches
Legal fees - No legal fees for Product Switches
Valuation Fees - £0
^~Product Fee - £0 for Product Switches
Early Repayment Charges - 2% in the first year, 1% in the second year
Maximum loan - No maximum for product switches
Minimum Loan - No minimum for product switches.
Cost for comparison - 8.0% APRC.

Affordability calculator Email us Ask us to call back Summary & fees

Representative example

A mortgage of £207,243.00 payable over 8 years initially on a discounted variable rate for 2 years at 1.75% below our variable Managed Mortgage Rate and then on our variable Managed Mortgage Rate, currently 8.19% would require 23 monthly payments of £1,112.20 and 73 monthly payments of £1,413.22 plus one initial interest payment of £1,136.62.

The total amount payable would be £337,225.28 made up of the loan amount plus interest of £129,882.28 and a Mortgage Exit Fee of £100.

The overall cost for comparison is 8.0% APRC representative.