Remortgage rates are on the rise for Sainsbury’s Bank.
The rate increases Sainsbury’s Bank implemented following the rise in the key base rate, have affected the lender’s remortgage products.
The details are:
- 2 year fix at 60% LTV has risen to 1.57%% plus a product fee and cashback or free legals
- 2 year fix at 60% LTV has risen to 2.01% with no additional fee and the option of cashback or free legals
- 2 year fix at 75% LTV has risen to 1.60% plus a product fee and cashback or free legals
- 2 year fixed rate at 75% LTV has risen to 2.02% with no fee and the option of cashback or free legals
The 2 year fix and the 5 year fix at 80% LTV product have both been discontinued from the range.
Other 5 year rates include:
- 01% for up to 60% LTV plus a fee and cashback or the option of free legals
- 29% for up to 60% LTV with no fee and cashback or free legals
- 01% for up to 75% LTV with a fee and cashback or free legals
- 34% for up to 75% LTV with no fee and cashback or free legals
Mortgage rate reviews are a continuous process, which means that lenders can increase a price and change the terms and conditions at any time. They can also withdraw products from sale, which means acting quickly to apply for your remortgage.
Let Deal Direct take the strain of the search and source the perfect remortgage option for you from a UK-wide choice of lenders.
Call Deal Direct on 0800 048 8828 today.
Article published: Thursday, September 27, 2018
