Product changes

As of 25th June 2008, we are making some changes to our product range.

Due to recent increases in fixed rate funding costs, we are revising some of our fixed rates. We have done our best to keep the changes to a minimum – our variable rates will remain the same and, in some cases, reduce.

Our new product range will now only be available through certain channels – click here for more information. This means that some brokers who currently submit business to us may no longer be able to do so through their current channel – and will need to select another channel that is recognised on our system.

To enable us to make the required changes to our system, our online service will now be unavailable from 6pm until midnight tonight (24th June 2008).

We will honour binding decisions on our existing products, provided these were submitted online before 6pm today. Our cut-off dates are:

•	Binding decisions – 6pm on 24th June 2008
•	Unpackaged applications – 1st July 2008 (provided an online binding decision is in place and is received by 6pm on 24th June)
•	Packaged applications – 22nd July 2008 (provided an online binding decision is in place and is received by 6pm on 24th June)
•	Offer issue – 5th August 2008
•	Completions – 6 months after offer issue

The details of our new core range will be available on www.mortgage-express.co.uk from 25th June 2008.

For more information on these changes and how they affect you, click here to visit our website, or freecall our Contact Centre on 0500 0500 20.

We would like to take this opportunity to thank you for your continued support in these challenging market conditions.

Gus Park
Director of Intermediary Sales

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