Year: 2022

Our Mortgages – Standard Variable Rate increases from 1st September

By Elliot Ashby / 4th August 2022 / 0 Comments

Standard Variable Rate increases on our product range… We are changing our Standard Variable Rate from 4.79% to 5.04% from 1st September 2022. Therefore, new business products will be updated from Wednesday 10th August 2022 to reflect this. We will be contacting all affected customers to advise of the change and what it means to them. Our […]

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Message to our Savers – August 4th 2022 – Base rate increase to 1.75%

By Richard Steed / 4th August 2022 / 0 Comments

Message to our Savers – August 4th 2022 On Thursday 4th August 2022, the Bank of England base rate increased from 1.25% to 1.75%. We regularly review our rates in light of changes in the Bank of England Base Rate and the market more broadly. We recently increased our savings rates for the following accounts […]

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Industry Insight – UK Holiday Lets – still a shrewd investment

By Richard Steed / 1st August 2022 / Comments Off on Industry Insight – UK Holiday Lets – still a shrewd investment

Download the article as a PDF – UK Holiday Lets – still a shrewd investment With the holiday season in full swing, it’s a timely reminder for mortgage intermediaries to consider the opportunities created through UK holiday let financing. The demand for mortgages in this specialist area is as strong as ever. Despite being able […]

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Message to our Savers – Rate increases 28th July 2022

By Richard Steed / 25th July 2022 / Comments Off on Message to our Savers – Rate increases 28th July 2022

We are increasing our savings rates for the following accounts from Thursday 28th July 2022: Cash ISA accounts will increase from 0.55% Gross PA/AER* to 0.70% AER 30 days’ Notice Accounts will increase from 0.60% Gross PA/AER to 0.75% AER 90 days’ Notice Accounts will increase from 0.65% Gross PA/AER to 0.80% AER Instant Access […]

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Industry Insight – Multigenerational mortgages set to grow in popularity

By Richard Steed / 1st July 2022 / Comments Off on Industry Insight – Multigenerational mortgages set to grow in popularity

Download the article as a PDF – Multigenerational mortgages set to grow in popularity Help beat increasing living costs…. The increasing cost of living is changing the lending environment and how home ownership is financed. The harsh economic conditions of present are putting a strain on the population’s finances, affecting the mortgage products customers are […]

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Important Message to Intermediaries – rate increase 10th June

By Richard Steed / 10th June 2022 / Comments Off on Important Message to Intermediaries – rate increase 10th June

We have updated our product range for new mortgages effective from Friday 10th June 2022, with all pay rates increasing. Our Standard Variable Rate is also increasing by 0.25% to 4.79% and all affected customers will be contacted to advise of the changes. Our website and e-book will display our new rates from 10th June. […]

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Message to our Members – Platinum Jubilee weekend

By Richard Steed / 1st June 2022 / Comments Off on Message to our Members – Platinum Jubilee weekend

Due to the Platinum Jubilee weekend, our head office will close at 5:30pm and our branches will close at 4:30pm on Wednesday June 1st. We will reopen again on Monday June 6th on our usual opening hours for our head office and branches. We wish all of our members a happy Jubilee weekend.  

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Industry Insight – Holiday lets – the best is yet to come

By Richard Steed / 13th May 2022 / Comments Off on Industry Insight – Holiday lets – the best is yet to come

Download the article as a PDF – Holiday lets – the best is yet to come With demand for holidaying closer to home reaching new heights during the pandemic, staycations remain popular despite overseas options opening up again post Covid-19. As a result, UK bookings remain high, making holiday let investment an attractive proposition. So what […]

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Message to our Savers – rate increase 1st June 2022

By Richard Steed / 11th May 2022 / Comments Off on Message to our Savers – rate increase 1st June 2022

We are increasing our savings rates for the following accounts from Wednesday 1st June 2022: ISA accounts will increase by 0.25% AER* to 0.55% AER 30 days’ Notice Accounts will increase by 0.25% AER to 0.60% AER 90 days’ Notice Accounts will increase by 0.25% AER to 0.65% AER 120 days’ Notice Accounts will increase […]

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Mental Health Awareness Week – we can all play a part

By Richard Steed / 9th May 2022 / Comments Off on Mental Health Awareness Week – we can all play a part

Mental Health Awareness Week, 9th – 15th May is an opportunity for the whole UK to focus on achieving good mental health. The theme this year is ‘Loneliness’ which has had a huge impact on physical and mental health during the pandemic. Our connection to other people and our community is fundamental to protecting our […]

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