We're launching a fee free 95% mortgage

21st July 2021

We're launching a brand new, highly competitive five-year fixed rate mortgage up to 95% LTV, with no arrangement fee.

To keep up with demand from first-time buyers who require high LTV loans we're offering this low-rate mortgage with no arrangement fee to help reduce upfront costs for the buyer.

The 3.49% five-year fixed is available on purchases only, through intermediaries and direct from us.

Brendan Crowshaw, head of mortgage and savings distribution:

"We’re currently seeing strong demand for high LTV loans from first-time buyers and this low-rate mortgage comes with no arrangement fee to help minimise the buyer’s upfront costs.

“Plus, our common-sense approach to underwriting means we’ll consider every client’s circumstances on an individual basis.”

The 95% mortgage is available on loans from £95,000 to £300,000 across England and Wales, excluding London and the South East.

The rate is fixed at 3.49% until 31/10/2026, when borrowers will revert to our SVR of 5.2%. Early repayment charges apply for the first five years. Not available on a remortgage basis.

All information is correct at the time of posting.