2 Year Tracker withdrawal
28th October 2011
We are approaching the tranche limit on our 2 Year Base Rate Tracker product to 60%LTV (as detailed below) and consequently it is being withdrawn with immediate effect. KFI’s for this product can no longer be obtained from the intermediary website.
Product details as follows:
| Description |
Rate |
LTV |
App fee |
Comp Fee |
Available for |
| 2 Year Base Rate Tracker |
1.98% |
60% |
£195 |
£1800 |
Purchase and remortgage business |
Please be aware that you can continue to submit any suitable e-mortgage applications for this product providing they are received by 5.00pm today. Any required supporting documentation, including the e-declaration signed by the borrower(s) should also be uploaded following submission on our e-mortgage site and should be received by our Mortgage Service Centre by 5pm Friday 4th November. For any existing pipeline cases on these products ALL support documentation should again be uploaded & sent to arrive before the Friday deadline.Any cases not meeting these requirements will be cancelled. All application fees, will be collected within 48 hours.
Please note that the following product is still available:
| Description |
Rate |
LTV |
App fee |
Comp Fee |
Available for |
| 2 Year Base Rate Tracker |
2.38% |
60% |
£195 |
£800 |
Purchase and remortgage business |
All other products remain available.
Paul Darwin
Head of Intermediary Sales
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