Changes to our products and Equity Share criteria from tomorrow, Thursday 8 May 2014.

Product changes

  • All 90% LTV products will reduce by 0.20%.
  • All 85% LTV products will reduce by 0.20%.
  • All 80% LTV products will reduce by 0.10%.
  • 60% LTV 2 year fixed rates will increase by 0.05%.
  • New 3 and 5 year fixed 60% LTV products.
  • All 70% LTV products will increase by 0.10%.
  • The 0.10% discount for existing borrowers remains unchanged.

Equity Share loan criteria changes

  • Currently, clients applying for an Equity Share loan need to provide a minimum 5% deposit of the redued price.
  • With effect from tomorrow, clients applying for an Equity Share loan will need to provide a minimum 5% deposit of the full purchase price.
  • This change will apply to any Decision In Principle (DIP) submitted on or after Thursday 8 May 2014. If you've already submitted a DIP for your client, this change won't apply.

How to reserve existing products

You can reserve products through NFI Online or NFI MTE until 5.00pm today (Wednesday 7 May 2014).

Paper applications must be faxed to 01604 852 879 before 5.00pm, or posted to the address below with a postmark no later than Wednesday 7 May 2014.

To secure the rate, the upfront non-refundable booking fee of £99 must be paid.

Northampton Service Centre (IPA)

Kings Park Road

Moulton Park

Northampton

NN3 6NW

Product Highlights for Purchase & Remortgage

 

3.99% 3.14%

2.69%

2 year fixed, 90% LTV 2 year fixed, 85% LTV 2 year fixed, 80% LTV
Purchase only Purchase and Remortgage Purchase and Remortgage
Product fee £900 or £400 for FTBs Product fee £900 or £400 for FTBs Product fee £900 or £400 for FTBs
£99 upfront non-refundable booking fee £99 upfront non-refundable booking fee £99 upfront non-refundable booking fee