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Proc Fees Up, Rates Down!

30 July 2024

 

You'll be pleased to hear our Proc Fee has increased to 0.4% for new business and to 0.3% for product transfers from today. There's never been a better time to talk to our amazing team!

We have also introduced new rates across our Residential and Rent A Room products, as well as increasing the loan size of our 95% Residential (MIG) from £500,000 to £650,000. 

Check out the new rates across the Residential and Rent a Room products:

RDF189:  80% Residential 5.19% Fixed for 2 years

RDF182:  80% Residential 4.89% Fixed for 5 years

RDF183:  95% Residential 5.89% Fixed for 2 years

RDF184:  95% Residential 5.19% Fixed for 5 years

RDF186: 85% Rent a Room 5.69% Fixed for 2 years

RDF187: 85% Rent a Room 5.39% Fixed for 5 years

We have also reduced our Credit Repair rates following a recent simplification of the criteria:

RDF185:  70% Residential (Credit Repair) 5.69% Fixed for 2 years

RDF174:  70% Residential (Credit Repair) 5.39% Fixed for 5 years

RDD177: 70% Residential (Credit Repair) 2.15% Discount from SVR for 2 years

You can chat to the Intermediary team via Web Chat, check our criteria via the Criteria Hub or speak to your Business Development Manager to find out more about the range. Check affordability on our calculator. Here's how to submit business with us and check our current service levels on the website.

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Find out more about our Lending Criteria or ask us a question about the product range via the website. 

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For more information visit our website.