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10 November 2008 | News
Fixed rate reductions
On Tuesday 11 November we will be re-pricing
our fixed rate 60% and 75% LTV products. We will also be launching
two new fixed rate products with a £495 fee.
Please see the tables below for details of
these changes.
£5,000-£999,999 60% LTV Mainstream range.
|
Product
|
Old
Rate
|
New
Rate
|
ERC
|
Fee
|
Max
LTV
|
|
2 yr Fixed
|
5.29%
|
4.89%
|
3/2%
|
£1995
|
60%
|
|
2 yr Fixed
|
5.39%
|
4.99%
|
3/2%
|
£995
|
60%
|
|
2 yr Fixed
|
5.49%
|
5.09%
|
3/2%
|
£495
|
60%
|
|
2 yr Fixed
|
5.89%
|
5.49%
|
3/2%
|
£0
|
60%
|
|
3 yr Fixed
|
5.24%
|
4.84%
|
3/3/2%
|
£1995
|
60%
|
|
3 yr Fixed
|
5.34%
|
4.94%
|
3/3/2%
|
£995
|
60%
|
|
3 yr Fixed
|
5.44%
|
5.04%
|
3/3/2%
|
£495
|
60%
|
|
3 yr Fixed
|
5.84%
|
5.44%
|
3/3/2%
|
£0
|
60%
|
|
5 yr Fixed
|
5.29%
|
4.89%
|
5/5/4/3/2%
|
£995
|
60%
|
|
5 yr Fixed
|
5.39%
|
4.99%
|
5/5/4/3/2%
|
£495
|
60%
|
|
5 yr Fixed
|
5.69%
|
5.29%
|
5/5/4/3/2%
|
£0
|
60%
|
|
7 yr Fixed
|
5.24%
|
4.84%
|
7/6/5/4/3/2/1%
|
£995
|
60%
|
|
7 yr Fixed
|
5.64%
|
5.24%
|
7/6/5/4/3/2/1%
|
£0
|
60%
|
£5,000-£999,999 75% LTV Mainstream range.
|
Product
|
Old
Rate
|
New
Rate
|
ERC
|
Fee
|
Max
LTV
|
|
2 yr Fixed
|
5.79%
|
5.19%
|
3/2%
|
£1995
|
75%
|
|
2 yr Fixed
|
5.89%
|
5.29%
|
3/2%
|
£995
|
75%
|
|
2 yr Fixed
|
5.99%
|
5.39%
|
3/2%
|
£495
|
75%
|
|
2 yr Fixed
|
6.39%
|
5.79%
|
3/2%
|
£0
|
75%
|
|
3 yr Fixed
|
5.74%
|
5.14%
|
3/3/2%
|
£1995
|
75%
|
|
3 yr Fixed
|
5.84%
|
5.24%
|
3/3/2%
|
£995
|
75%
|
|
3 yr Fixed
|
6.34%
|
5.74%
|
3/3/2%
|
£0
|
75%
|
|
5 yr Fixed
|
5.79%
|
5.19%
|
5/5/4/3/2%
|
£995
|
75%
|
|
5 yr Fixed
|
6.19%
|
5.59%
|
5/5/4/3/2%
|
£0
|
75%
|
|
7 yr Fixed
|
5.74%
|
5.14%
|
7/6/5/4/3/2/1%
|
£995
|
75%
|
|
7 yr Fixed
|
6.14%
|
5.54%
|
7/6/5/4/3/2/1%
|
£0
|
75%
|
£50,000-£250,000 75% LTV Mainstream range
|
Product
|
Old
Rate
|
New
Rate
|
ERC
|
Fee
|
Max
LTV
|
|
2 yr Fixed
|
5.29%
|
4.89%
|
3/2%
|
£1995
|
75%
|
£50,000-£999,999 75% LTV Mainstream range
|
Product
|
Old
Rate
|
New
Rate
|
ERC
|
Fee
|
Max
LTV
|
|
2 yr Fixed
|
4.99%
|
4.49%
|
3/2%
|
2.5%
|
75%
|
New products
£5,000-£999,999 75% LTV Mainstream range
|
Product
|
New
Rate
|
ERC
|
Fee
|
Max
LTV
|
|
3 yr Fixed
|
5.34%
|
3/3/2%
|
£495
|
75%
|
|
5 yr Fixed
|
5.29%
|
5/5/4/3/2%
|
£495
|
75%
|
All cases on the old products must be
submitted on C&G
Caseflow by midnight tonight 10 November.
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