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30
October 2009 | News
No application fee product range
launched, from Monday 2
November
For a limited period only the following
products do not carry an application fee and are being introduced
into our mainstream product range:
£5,000 - £500,000
Range
House purchase and product
conversions
|
Product
|
Rate
|
LTV
|
Product
Fee
|
Application
fee
|
|
2-year tracker
|
3.29 (+2.79)
|
60%
|
£799
|
£0
|
|
2-year tracker
|
3.59 (+3.09)
|
75%
|
£799
|
£0
|
|
3-Year Fixed
|
6.99
|
85%
|
£799
|
£0
|
|
2-Year Fixed
|
7.19
|
90%
|
£799
|
£0
|
Remortgage’s only
| Product |
Rate |
LTV |
Product Fee |
Application
fee |
|
2-year tracker
|
3.29 (+2.79)
|
60%
|
£799
|
£0
|
|
2-year tracker
|
3.59 (+3.09)
|
75%
|
£799
|
£0
|
£500,001 - £2,000,000
(The following large loans do carry a £99 application fee.)
House purchase, Remortgage, Additional
borrowing and product conversions
| Product |
Rate |
LTV |
Product Fee |
Application
fee |
|
5-year fixed
|
5.99
|
60%
|
0.25%
|
£99
|
|
3-year tracker
|
3.99 (+3.49)
|
60%
|
0.25%
|
£99
|
|
5-year fixed
|
6.99
|
80%
|
0.25%
|
£99
|
|
3-year tracker
|
4.59 (+4.09)
|
80%
|
£1995
|
£99
|
The following products have been
withdrawn from sale
£500,001 - £2,000,000
|
Product
|
Rate
|
LTV
|
Product
fee
|
Product
numbers
|
|
2-year fixed
|
5.49
|
60%
|
£1995
|
DH84/DH85
|
|
2-year fixed
|
6.59
|
80%
|
£1995
|
DH90/DH93
|
Applications on withdrawn products can be
submitted on C&G
Caseflow until midnight on Saturday 31 October.
Paper applications received by C&G on or
before Wednesday 4 November will be processed.
Our website will be updated with full product
details from Monday 2 November.
Please be aware that there are no longer
incentives attached to any of our Buy-to-Let products unless
otherwise stated. Pipeline Buy-to-Let cases submitted before
midnight Saturday 31 October will be processed with a free
valuation on remortgages under £500,000.
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