Notices

Our new 1 Year Fixed Rate Bond (68) will be unavailable from 5pm Friday 17 April. However, the account will be back on sale for new and existing customers on Monday 20 April.
Important changes to our mortgage products. Find out more

Mortgage products - On Thursday 26 March 2026, we launched a new range of our Owner Occupier and Buy to Let fixed rate products, where most of our product rates have been reduced.
Managed Mortgage Rates - Please note that our Managed Mortgage Rates are not changing at this time.
Annual General Meeting 2026. Find out more

We're pleased to let you know that voting for the AGM is now open. If you've opted for a postal pack you should receive this by 1 April.
Savings customers: Your 2025 / 2026 Annual Interest Savings Summary are currently being processed and are due to be sent from 28 April 2026.

5.59% Expat (1.95% discounted rate from follow on rate) for 2 years (XD0226)

Initial interest rate	Current follow on rate	Overall cost for comparison	Repayment or Interest-Only?	Max % Loan to Value (LTV)	Product fees	Additional benefits
5.59% Expat (1.95% discounted rate from follow on rate) for 2 years (XD0226)
5.59%	7.54%	7.2%APRC	Interest-Only	80%	£0~

Key things to bear in mind

Purpose - Expat applications for Product Switch
Discount - 1.95% applied to our Managed Mortgage Rate for 2 years
Minimum Rate - 3.84%
Loan to Value - 80%
*Application Fee - £0 for Product Switches
Legal Fees - No legal fees for Product Switches
Valuation Fees - £0
^~Product Fee - £0 for Product Switches
Early Repayment Charges - 2% in the first year, 1% in the second year
Maximum Loan - No maximum for product switches
Minimum Loan - No minimum for product switches.
^Cashback - £0
Cost for comparison - 7.2% APRC.

Affordability calculator Email us Ask us to call back Summary & fees

Representative example

A mortgage of £194,174.00 payable over 7 years initially on a discounted variable rate for 2 years at 1.95% below our variable Managed Mortgage Rate and then on our variable Managed Mortgage Rate, currently 7.54% would require 23 monthly payments of £904.53 and 61 monthly payments of £1,219.41 plus one initial interest payment of £926.11.

The total amount payable would be £290,388.31 made up of the loan amount plus interest of £96,114.31 and a Mortgage Exit Fee of £100.

The overall cost for comparison is 7.2% APRC representative.