Sainsbury’s Bank raises residential fixed rates

By
Kevin Rose
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0
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Sainsbury’s Bank has made a number of changes to its residential product range:

Changes are as follows:

Two-year fixed rate purchase range:

  • 60% LTV increased to 1.50% with a £995 product fee

Five-year fixed rate purchase range:

  • 60% LTV increased to 2.20% with a £995 product fee
  • 60% LTV increased to 2.38% with no product fee
  • 75% LTV increased to 2.20% with a £995 product fee
  • 75% LTV increased to 2.38% with no product fee
  • 80% LTV increased to 2.20% with a £995 product fee
  • 80% LTV increased to 2.38% with no product fee
  • 85% LTV increased to 2.24% with a £995 product fee and £250 cashback
  • 85% LTV increased to 2.39% with no product fee and £250 cashback

Two-year fixed rate remortgage range:

  • 60% LTV increased to 1.44% with a £1,495 product fee and £250 cashback or Fee Assisted Legals
  • 60% LTV increased to 1.55% with a £995 product fee and £250 cashback or Fee Assisted Legals
  • 60% LTV increased to 1.88% with no product fee and £250 cashback or Fee Assisted Legals
  • 75% LTV increased to 1.55% with a £995 product fee and £250 cashback or Fee Assisted Legals

Five-year fixed rate remortgage range:

  • 60% LTV increased to 2.21% with a £995 product fee and £250 cashback or Fee Assisted Legals
  • 60% LTV increased to 2.42% with no product fee and £250 cashback or Fee Assisted Legals
  • 75% LTV increased to 2.21% with a £995 product fee and £250 cashback or Fee Assisted Legals
  • 75% LTV increased to 2.42% with no product fee and £250 cashback or Fee Assisted Legals
  • 80% LTV increased to 2.22% with a £995 product fee and £250 cashback or Fee Assisted Legals
  • 80% LTV increased to 2.42% with no product fee and £250 cashback or Fee Assisted Legals
  • 85% LTV increased to 2.34% with a £995 product fee and £250 cashback or Fee Assisted Legals
  • 85% LTV increased to 2.44% with no product fee and £250 cashback or Fee Assisted Legals

For the residential range all end dates remain 31 December 2020 for two-year products and 31st December 2023 for five-year products.