Today we are publishing the updated Lender Terms, one month in advance of them coming into effect. This is an important update and we would encourage you to review the new terms. You can see them here. We are also publishing a summary of changes to Lender Terms listing any changes made since October 2015, which can be viewed here.
We believe that a more flexible Provision Fund is an improvement that is in the interest of investors. But we understand that any change can be unsettling. Therefore, if anybody with an active investment is not comfortable with this change and wishes to withdraw before 1 March, we would be happy to waive the early exit fees. Investors seeking to do this must call us on 020 3142 6226 before withdrawing.