Product changes effective from Saturday 12th December 2009
Product Transfers
2yr fixed range improved
- 20bps reduction on low LTV 2yr fixed rates.
- New 2yr fixed rates introduced £0 fee 75-90% and 90-95% LTV products.
- Removed 2yr discounted SVR products and replaced with 2yr trackers.
Headline products
- 2.99% tracker, £599 fee (75% LTV) – CLA781 (product transfer)
- 3.14% tracker, £599 fee (90% LTV) – CLA784 (product transfer)
- 3.79% fixed, £999 fee (60% LTV) – FRI437 (product transfer)
- 3.79% fixed, £999 fee (60% LTV) – FRI437 (product transfer)
- 3.99% fixed, £999 fee (75% LTV) – FRI438 (product transfer)
No changes to acquisition range
"Customers with smaller loans will typically pay less over the product life if they select products with smaller fees, despite the higher interest rates payable."
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