Sainsbury’s Bank has removed all of its base rate tracker mortgage products with immediate effect.
The specialist bank made this announcement along with a number of changes to its rates for its residential mortgage range.
These rate changes include:
Changes in the two-year fixed rate purchase range:
- 90% LTV reduced to 2.06% with no product fee and £250 cashback
- 95% LTV reduced to 3.39% with no product fee and £500 cashback
New in the two-year fixed rate purchase range:
- 95% LTV 3.69% with no product fee and £1,000 cashback
Changes to the five-year fixed rate purchase range:
- 60% LTV reduced to 1.89% with £995 product fee
- 60% LTV reduced to 2.09% with no product fee
- 75% LTV reduced to 1.94% with £995 product fee
- 90% LTV reduced to 2.39% with £995 product fee and £250 cashback
- 90% LTV reduced to 2.49% with no product fee and £250 cashback
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