Notices

Our Windfall Bond is now available for new account openings

Our Windfall Bond account which earns you interest and entry into a monthly free prize draw with a chance to win between £100 and £50,000 is available for new account openings. Currently paying Bank of England Bank rate minus 1%. Further information can be found here.
Rate changes following Bank of England decision to decrease its Bank Rate by 0.25% to 4.50% on 6 February 2025. Read more

Savings: Interest rates for Windfall Bond and Tracker Savings Bond will decrease by 0.25% from 1 March 2025. We will be writing to all customers individually to confirm the new rates.
Mortgages: Tracker mortgages will change on 25 March 2025 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 17/02)

(XD0217) 6.69% Expat 1.75% Discounted Rate from follow on rate for 2 years

The mortgage will be secured on your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

Initial interest rate	Current follow on rate	Overall cost for comparison	Repayment or Interest-Only?	Max % Loan to Value (LTV)	Product fees	Additional benefits
(XD0217) 6.69% Expat 1.75% Discounted Rate from follow on rate for 2 years
6.69%	8.44%	8.5%APRC	Interest-Only	60%	£0

Key things to bear in mind

Purpose - Expat for product switch
Discount - 1.75% applied to our Managed Mortgage Rate for 2 years
Minimum rate - 4.19%
Loan to Value - Maximum 60%
Application Fee - £0
Valuation Fees - £0
Product Fee - £0
Early Repayment Charges - 2% in the first year, 1% in the second year
Maximum loan - No maximum
Minimum loan - No minimum
Cost for comparison - 8.5% APRC
Additional criteria - We require a UK address for the serving of notice

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

Representative example

A mortgage of £240,021.00 payable over 17 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 8.44% would require 23 monthly payments of £1,338.12 and 181 monthly payments of £1,686.79 plus one initial interest payment of £1,323.64.

The total amount payable would be £577,530.39 made up of the loan amount plus interest of £337,409.39 and a Mortgage Exit Fee of £100.

The overall cost for comparison is 8.5% APRC representative.