This product is subject to the following

• This product is for new borrowers only

• Re-mortgage Legal Fees - There will be no legal fees payable where the Society’s re-mortgage scheme is used up to a maximum of £250, subject to there being no additional legal work involved, for example, the postponement of a second mortgage, transfer of equity or additional leasehold work. Where the loan exceeds £250,000 then you will be responsible for any additional legal fees incurred. Applicants may choose to use their own solicitors, but will be responsible for all costs.House Purchase - A £250 cashback on completion of the mortgage will be given.

• One free standard valuation per customer for properties up to £250,000. If your property is worth more than £250,000 then we will contribute £240 towards your valuation**

• £195 Booking Fee

• £1,300 Arrangement Fee (which may be added to the loan as long as the LTV including the fee does not exceed the maximum for the product)

• This product has a collar and as such the rate of interest will not drop below 2.00%.

• Minimum Age 18 years

• Maximum Age 65 years on redemption

• Minimum Loan £30,000

• Maximum Loan £750,000

• Minimum House Purchase Price
    • Within a 25 mile radius of The Hanley's Head Office £50,000
    • Outside a 25 mile radius of The Hanley's Head Office £70,000

• Offer available for direct applications through the Society’s branches, telephone or website

• No High Lending Charge applies

• Loan to Value Limits - Loan based on purchase price or valuation, whichever is the lower
House Purchase - 60% Re-Mortgage - 60%
Re-Mortgage including Capital Raising - 60%
Re-Mortgage including Home Improvements - 60%

• One capital payment of up to 10% of the mortgage balance is permitted each year until 30 April 2014. Any additional capital payments during this period will attract a penalty calculated on the amount of the additional capital payment.

• No High Lending Charge applies

• Private insurance subject to £25 administration fee

• Product only available to applicants who meet the Society's lending criteria

• Only available on properties in England and Wales

• All loans subject to status and valuation

• The APR will depend upon your circumstances. Ask for a personalised illustration

• Your mortgage must complete by 31 August 2012

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Early Repayment Terms
If this mortgage is repaid in full or in part before 30 April 2014 an early repayment charge will apply.
This will be 2% of the balance repaid until 30 April 2014.
Example - the maximum early repayment charge you could pay is £5,000 based on £250,000.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE