Notices

Please note that our Online Saver (7) has been withdrawn from sale. Any customers that have recently applied for this account will have 15 calendar days to initially fund their account.
Our Windfall Bond account is now on sale. Find out more

With more prizes available in the Monthly Free Prize Draws - effective from 1 October 2024. Find out more here
New Windfall Bond account holders: Newly opened accounts need to be fully funded and nominated bank details registered before the end of August in order to be eligible for entry into the October Prize Draw.
Existing Windfall Bond account holders: Current Windfall Bond account(s) will automatically be entered into the October Prize Draw; until then the prize draws will continue as normal.
Rate changes following Bank of England decision to decrease its Bank Rate by 0.25% to 5.00% on 1 August 2024. Find out more

Savings: Interest rates for Windfall Bond and Tracker Savings Bond will decrease by 0.25% from 1 September 2024. We will be writing to all customers individually to confirm the new rates.

Mortgages: Tracker mortgages will change on 25 September 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 05/08)
Important changes to our mortgage products - Find out more

From Thursday 22 August, we reduced our rates on all our fixed rate mortgage products.

From 19 September 2024, we'll also be reducing our Managed Mortgage Rates (MMR) by 0.25%. All on-sale discounted variable product rates and other details, including representative examples displayed on our website, have been updated to reflect these lower rates. We will be writing to existing customers who have been impacted by this change, shortly, with details relevant to them. Find out full details here.

6.69% Expat (1.50% discounted rate from follow on rate) for 2 years (XD0218)

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
6.69% Expat (1.50% discounted rate from follow on rate) for 2 years (XD0218)
6.69%	8.19%	8.2%APRC	Interest-Only	80%	£0~

Key things to bear in mind

Purpose - Expat applications for Product Switch
Discount - 1.50% applied to our Managed Mortgage Rate for 2 years
Minimum Rate - 4.44%
Loan to Value - 80%
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 - 8.2% APRC.

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

Representative example

A mortgage of £330,000.00 payable over 11 years initially on a discounted variable rate for 2 years at 1.50% below our variable Managed Mortgage Rate and then on our variable Managed Mortgage Rate, currently 8.19% would require 23 monthly payments of £1,839.75 and 109 monthly payments of £2,250.51 plus one initial interest payment of £1,819.84.

The total amount payable would be £619,539.68 made up of the loan amount plus interest of £289,439.68 and a Mortgage Exit Fee of £100.

The overall cost for comparison is 8.2% APRC representative.