Interest rate products
Our relationship managers can help you to eliminate the risk of variable interest rate borrowing.
Fixed Rate Loans
Fixed rate loans are suitable if you want to fix the level of your loan repayments for part or all of the term of your loan in order to remove the effect of any interest rate changes.
Interest Rate Collar
A Collar allows you to fix the minimum and maximum rate on your variable rate loan. The minimum term for Caps and Collars is one year and the maximum is ten years. The interest rate is linked to the swap rate for the relevant currency (sterling, euro or US dollar). The interest repayment period can be one, three or six months. Collars are available for part or all of the term of a loan, subject to agreement.
For more information on our services call 0845 850 5555 from 9.00am to 5.00pm Monday to Friday and 9.30am to 12.30pm Saturdays. Calls may be recorded for monitoring and training.