New Income Flex products at 95% LTV and reduced rates across key product ranges

New year, new products! From 16 January 2025, we’re introducing three brand-new Income Flex products available up to 95% LTV and a new 2 Year Discount LTD Company Buy-to-Let product.

This update also includes rate reductions up to 25 basis points (bps) and term extensions across key product ranges such as Core Residential (incl. JBSP), Skilled Worker visas, Income Flex, LTD Company Buy-to-Let and more. Additionally, we are withdrawing four Core products.

This latest update is designed to provide brokers with more accessibility when supporting clients with smaller deposits and help support affordability.

New Income Flex products up to 95% LTV

Income Flex mortgages are designed specifically for your clients that require extra understanding and flexibility around non-standard or multiple sources of income. Our criteria considers various types of additional income whether the applicant is salaried, self-employed or a contractor.

• Income Flex – 2 Year Discount 5.59% variable (1.30% off Homeowner Variable Rate) – 95% LTV – IFHD12
• Income Flex – 2 Year Fixed – 6.50% – 95% LTV – IFHF68
• Income Flex – 6.50% fixed to 31/03/31 – 95% LTV – IFHF69

New LTD Company Buy-to-Let

This new product offers a competitive interest rate and provides greater choice for brokers working with landlord clients who are looking for a shorter-term product. This product also includes a £250 application fee.

• LTD Company Buy-to-Let – 2 Year Discount 5.40% variable (1.49% off Landlord Variable Rate) – 70% LTV – LCD16

Rate reductions and term extensions

We are extending the term for all of the following 5-Year Fixed rate products from 28 February 2031 to 31 January 2031, along with rate reductions on selected 5 year and 2 year products detailed in the list below.

• Core Residential – 5.82% fixed to 31/03/2031 – 90% LTV – F281
• Core Residential – 5.59% fixed to 31/03/2031 – 80% LTV – F280
• Buy-to-Let – 5.64% fixed to 31/03/2031 – 75% LTV – BTF111
• LTD Company Buy-to-Let – 5.69% fixed to 31/03/2031 – 70% LTV – LCF41
• Visas – 6.08% fixed to 31/03/2031 – 90% LTV – VISF58
• Visas – 5.87% fixed to 31/03/2031 – 80% LTV – VISF57
• Visa Buy-to-Let – 5.82% fixed to 31/03/2031 – 75% LTV – VBF10
• Income Flex – 2 Year Fixed – reduced from 6.15% to 5.99% – 90% LTV – IFHF65
• Income Flex – 2 Year Fixed – reduced from 5.89% to 5.69% – 80% LTV – IFHF64
• Income Flex – Fixed to 31/03/2031 – reduced from 6.07% to 5.99% – 90% LTV – IFHF67
• Income Flex – Fixed to 31/03/2031 – reduced from 5.79% to 5.69% – 80% LTV – IFHF66
• Credit Flex – 5.89% fixed to 31/03/2031 – 80% LTV – CFHF23
• Flex Plus – 6.39% fixed to 31/03/2031 – 90% LTV – FPF22
• Flex Plus – 6.34% fixed to 31/03/2031 – 80% LTV – FPF21

Core Residential product withdrawals

Please note that we are withdrawing the following products on Friday 16 January at 5.00pm. You will have until that time to submit cases.

• Core Residential – 6.10% fixed to 28/02/2031 – 95% LTV – F277
• Core Residential – 2 Year Discount 5.10% variable (1.79% off Homeowner Variable Rate) – 90% LTV – HVD28
• Core Residential – 2 Year Discount 5.39% variable (1.50% off Homeowner Variable Rate) – 95% LTV – HVD29
• Core Residential – 2 Year Fixed – 6.25% – 95% LTV – HVF25

Christopher Holmes, Products & Proposition Senior Manager commented:

“As interest rates continue to fall, our latest launch focuses on broadening accessibility by introducing three new 95% LTV Income Flex products for clients with smaller deposits. We’ve also implemented a series of rate reductions and term extensions across 16 products by up to 25 basis points to pass market benefits directly to customers. Finally, our new Limited Company Buy-to-Let product addresses the growing shift toward rental professionalisation, ensuring our most flexible and sought-after solutions delivers to the ever changing mortgage market.”

Stay informed

Want to be alerted when we launch, update, and withdraw our products?

If you would like to keep up to date with our product launches, criteria updates, and any other changes we make to our product range, you can sign up to our email newsletter below and receive this information straight to your inbox.

Speak to us

Our dedicated Business Development team will be happy to speak to you about any cases you have, explain how our specialist products and flexible criteria can benefit your clients, or answer any questions you have. Get in touch on 01455 894 084. Or send us a message on our Live Chat, our response time is often only seconds!

^{Please note product details and criteria are correct at launch and are subject to change.}