Mortgages

We have consistently offered mortgages to customers and are regularly nominated for awards for our range of mortgage products. We have won “Moneyfacts Best First-Time Buyer Mortgage Provider” twice in recent times and have been highly commended as “Moneyfacts Best Regional Building Society”

We offer fixed rate mortgages, discount mortgages, remortgages, buy to let, self-build, near prime, retirement interest only and first time buyer mortgages

We can provide mortgages throughout England, Wales and Scotland (Scottish Islands by referral only)

Whatever your personal mortgage requirements are, maybe you’re a first time buyer, self-employed or maybe you are looking for the best deal on your remortgage, our experienced team of mortgage advisers are on hand to work hard on your behalf to ensure we get the best mortgage deal for you

Our mortgages are individually underwritten by our experienced underwriting team. We don’t use automated credit scoring because we believe our approach is more personal and allows us to get a better understanding our customers requirements

Our current list of mortgage products for new business is shown below. Contact us on 01782 255000, Option 2 Direct Mortgages then Option 1 New Mortgage Enquiries for more details about our mortgage products or visit us in branch to see what we can do for you.

 

Fixed Rate Residential Mortgages

Mortgage Product Product Code Initial Pay Rate Loan to Value Incentives Fees Overall Cost For Comparison Early Repayment Charges More Info
Fix for 2 Years MFD383 3.29% 95% No £349 4.6% APRC Yes

Things you need to know

Fees
Non-refundable Application Fee: £349

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
No

Loan Size
Minimum Loan £30,000
Maximum Loan £500,000

Maximum Loan to Value (LTV)
House Purchase 95%
Remortgage 95%

Overpayments
Overpayments of up to 10% of the mortgage balance are permitted each Society year until 27 October 2022 and may be made by monthly standing order. Any additional overpayments above 10% during this period will attract a penalty calculated on the amount of additional payments.

Property Location
The purchase property must be within 25 miles of the Society’s Head Office (which is located in ST1 5TB)

Early Repayment Charges
If the mortgage is repaid in full before 27 October 2022 an early repayment charge will apply. This will be 2% of the balance repaid during this period.

Example – The maximum early repayment charge you could pay is £3,507.86 based on £175,393.

Representative Example
A mortgage of £175,393 payable over 25 years initially on a fixed rate of 3.29% for 2 years and then on our Standard Variable Rate (SVR) of 4.79% (variable) for the remaining 23 years would require 24 monthly payments of £858.43 and 276 monthly payments of £993.72. The total amount payable would be £295,638.11 made up of the loan amount plus interest (£119,476.11), an Application fee of £349, a Funds transfer fee of £35, a Valuation Fee of £260 and a Mortgage Exit Fee of £125.

The overall cost for comparison is 4.6% APRC representative^

Find out More or Apply
Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday
9.00am to 4.00pm on Saturday

How Much Can I Borrow?
Monthly Payment Calculator
View our General Mortgage Criteria
Fix for 2 Years (Shared Ownership) MFD381 3.69% 95% No £299 4.7% APRC Yes

Things you need to know

Fees
Non-refundable Application Fee: £299

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
No

Loan Size
Minimum Loan £30,000
Maximum Loan £500,000

Maximum Loan to Value (LTV)
House Purchase 95%
Remortgage 95%

Overpayments
Overpayments of up to 10% of the mortgage balance are permitted each Society year until 27 October 2022 and may be made by monthly standing order. Any additional overpayments above 10% during this period will attract a penalty calculated on the amount of additional payments.

Property Location
Available throughout England and Wales (Shared Ownership not available in Scotland)

Early Repayment Charges
If the mortgage is repaid in full before 27 October 2022 an early repayment charge will apply. This will be 2% of the balance repaid during this period.

Example – The maximum early repayment charge you could pay is £2,101.48 based on £105,074.

Representative Example
A mortgage of £105,074 payable over 25 years initially on a fixed rate of 3.69% for 2 years and then on our Standard Variable Rate (SVR) of 4.79% (variable) for the remaining 23 years would require 24 monthly payments of £536.79 and 276 monthly payments of £597.05. The total amount payable would be £178,386.59 made up of the loan amount plus interest (£72,593.59), an Application fee of £299, a Funds transfer fee of £35, a Valuation Fee of £260 and a Mortgage Exit Fee of £125.

The overall cost for comparison is 4.7% APRC representative^

Find out More or Apply
Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday
9.00am to 4.00pm on Saturday

How Much Can I Borrow?
Monthly Payment Calculator
View our General Mortgage Criteria

Residential Variable Rate Mortgages

Mortgage Product Product Code Initial Pay Rate Loan to Value Incentives Fees Overall Cost For Comparison Early Repayment Charges More Info
Variable Discount for 2 Years MDS247 2.25% 80% Yes £349 4.4% APRC Yes

Things you need to know

Fees
Non-refundable Application Fee: £349

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
Free valuation*
Free legals when remortgaging using the Society’s nominated Solicitor

Loan Size
Minimum Loan £30,000
Maximum Loan £500,000

Maximum Loan to Value (LTV)
House Purchase 80%
Remortgage 80%

Overpayments
Overpayments of up to 10% of the mortgage balance are permitted each Society year during the first 2 years and may be made by monthly standing order. Any additional overpayments above 10% during this period will attract a penalty calculated on the amount of additional payments.

Property Location
Available throughout England, Wales and Scotland (Selected Scottish Islands accepted, please refer to criteria)

Early Repayment Charges
If the mortgage is repaid in full during the first 2 years an early repayment charge will apply. This will be 2% of the balance repaid during this period.

Example – The maximum early repayment charge you could pay is £3,644.32 based on £182,216.

Representative Example
A mortgage of £182,216 payable over 25 years initially on a discounted variable rate of 2.25% for 2 years and then on our Standard Variable Rate (SVR) of 4.79% (variable) for the remaining 23 years would require 24 monthly payments of £794.70 and 276 monthly payments of £1,024.03. The total amount payable would be £302,215.34 made up of the loan amount plus interest (£119,490.34), an Application fee of £349, a Funds transfer fee of £35 and a Mortgage Exit Fee of £125.

The overall cost for comparison is 4.4% APRC representative^

Find out More or Apply
Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday
9.00am to 4.00pm on Saturday

How Much Can I Borrow?
Monthly Payment Calculator
View our General Mortgage Criteria
Variable Discount for 2 Years MDS248 2.99% 85% Yes £349 4.6% APRC Yes

Things you need to know

Fees
Non-refundable Application Fee: £349

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
Free valuation*
Free legals when remortgaging using the Society’s nominated Solicitor

Loan Size
Minimum Loan £30,000
Maximum Loan £500,000

Maximum Loan to Value (LTV)
House Purchase 85%
Remortgage 85%

Overpayments
Overpayments of up to 10% of the mortgage balance are permitted each Society year during the first 2 years and may be made by monthly standing order. Any additional overpayments above 10% during this period will attract a penalty calculated on the amount of additional payments.

Property Location
Available throughout England, Wales and Scotland (Selected Scottish Islands accepted, please refer to criteria)

Early Repayment Charges
If the mortgage is repaid in full during the first 2 years an early repayment charge will apply. This will be 2% of the balance repaid during this period.

Example – The maximum early repayment charge you could pay is £3,309.40 based on £165,470.

Representative Example
A mortgage of £165,470 payable over 25 years initially on a discounted variable rate of 2.99% for 2 years and then on our Standard Variable Rate (SVR) of 4.79% (variable) for the remaining 23 years would require 24 monthly payments of £783.82 and 276 monthly payments of £935.39. The total amount payable would be £277,487.61 made up of the loan amount plus interest (£111,508.61), an application fee of £349, a funds transfer fee of £35 and a mortgage exit fee of £125.

The overall cost for comparison is 4.6% APRC representative^

Find out More or Apply
Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday
9.00am to 4.00pm on Saturday

How Much Can I Borrow?
Monthly Payment Calculator
View our General Mortgage Criteria
Variable Discount for 2 Years MDS249 3.49% 90% Yes £349 4.6% APRC Yes

Things you need to know

Fees
Non-refundable Application Fee: £349

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
Free valuation
Free legals when remortgaging using the Society’s nominated Solicitor

Loan Size
Minimum Loan £30,000
Maximum Loan £500,000

Maximum Loan to Value (LTV)
House Purchase 90%
Remortgage 90%

Overpayments
Overpayments of up to 10% of the mortgage balance are permitted each Society year during the first 2 years and may be made by monthly standing order. Any additional overpayments above 10% during this period will attract a penalty calculated on the amount of additional payments.

Property Location
Available throughout England, Wales and Scotland (Selected Scottish Islands accepted, please refer to criteria)

Early Repayment Charges
If the mortgage is repaid in full during the first 2 years an early repayment charge will apply. This will be 2% of the balance repaid during this period.

Example – The maximum early repayment charge you could pay is £2,745.70 based on £137,285.

Representative Example
A mortgage of £137,285 payable over 25 years initially on a discounted variable rate of 3.49% for 2 years and then on our Standard Variable Rate (SVR) of 4.79% (variable) for the remaining 23 years would require 24 monthly payments of £686.55 and 276 monthly payments of £778.95. The total amount payable would be £231,977.30 made up of the loan amount plus interest (£94,183.30), an Application fee of £349, a Funds transfer fee of £35 and a Mortgage Exit Fee of £125.

The overall cost for comparison is 4.6% APRC representative^

Find out More or Apply
Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday
9.00am to 4.00pm on Saturday

How Much Can I Borrow?
Monthly Payment Calculator
View our General Mortgage Criteria

Buy to Let Mortgages

Mortgage Product Product Code Initial Pay Rate Loan to Value Incentives Fees Overall Cost For Comparison Early Repayment Charges More Info
Fix for 2 Years MFD380 3.39% 80% No £698 4.6% APRC Yes

Things you need to know

Fees
Non-refundable Application Fee: £299
Product Fee: £399

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
No

Loan Size
Minimum Loan £30,000
Maximum Loan £500,000

Maximum Loan to Value (LTV)
House Purchase 80%
Remortgage 80%

Overpayments
Overpayments of up to 10% of the mortgage balance are permitted each Society year until 27 October 2022 and may be made by monthly standing order. Any additional overpayments above 10% during this period will attract a penalty calculated on the amount of additional payments.

Property Location
Available throughout England and Wales (Buy to Let is not acceptable in Scotland)

Early Repayment Charges
If the mortgage is repaid in full before 27 October 2022 an early repayment charge will apply. This will be 2% of the balance repaid during this period.

Example – The maximum early repayment charge you could pay is £2,484.34 based on £124,217.

Representative Example
A mortgage of £124,217 payable over 25 years initially on a fixed rate of 3.39% for 2 years and then on our Standard Variable Rate (SVR) of 4.79% (variable) for the remaining 23 years would require 24 monthly payments of £614.56 and 276 monthly payments of £704.29. The total amount payable would be £210,251.99 made up of the loan amount plus interest (£84,916.99), an application fee of £299, a funds transfer fee of £35, a valuation fee of £260, a product fee of £399 and a Mortgage Exit Fee of £125.

The overall cost for comparison is 4.6% APRC representative^

Find out More or Apply
Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday

View our General Mortgage Criteria

Residential Interest Only Mortgages

Mortgage Product Product Code Initial Pay Rate Loan to Value Incentives Fees Overall Cost For Comparison Early Repayment Charges More Info

Retirement Interest Only Mortgages

Mortgage Product Product Code Initial Pay Rate Loan to Value Incentives Fees Overall Cost For Comparison Early Repayment Charges More Info
Retirement Interest Only
with LPA/CPA
MDS209 2.34% 50% No £250 2.4% APRC No

Things you need to know

Fees
Non-refundable Application Fee: £250

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
No

Loan Size
Minimum Loan £10,000
Maximum Loan £750,000

Maximum Loan to Value (LTV)
House Purchase 50%
Remortgage 50%

Property Location
Available for properties located in England, Wales and Scotland (Selected Scottish Islands accepted, please refer to criteria)

Early Repayment Charges
There are no early repayment charges.

Representative Example
A mortgage of £56,275 payable over 25 years on a discounted variable rate of 2.34% for 25 years would require 300 monthly payments of £109.74. The total amount payable would be £89,740.88 made up of the loan amount plus interest (£32,920.88), an Application fee of £250, a Valuation fee of £260 and a Funds Transfer fee of £35.

The overall cost for comparison is 2.4% APRC representative^

RIO Guide
To found out more about Retirement Interest Only Mortgages, read our helpful guide HERE

Find out More or Apply

Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday
9.00am to 4.00pm on Saturday

How Much Can I Borrow?
View our General Mortgage Criteria
Retirement Interest Only
with LPA/CPA
MDS205 2.59% 65% No £250 2.6% APRC No

Things you need to know

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
No

Loan Size
Minimum Loan £10,000
Maximum Loan £750,000

Maximum Loan to Value (LTV)
House Purchase 65%
Remortgage 65%

Maximum Lasting Power of Attorney (LPA)
An LPA must be in place to be eligible for this product (In Scotland Continuing Power of Attorney)

Property Location
Available for properties located in England, Wales and Scotland (Selected Scottish Islands accepted, please refer to criteria)

Early Repayment Charges
There are no early repayment charges

Representative Example
A mortgage of £56,275 payable over 25 years on a discounted variable rate of 2.59% for 25 years would require 300 monthly payments of £121.46. The total amount payable would be £93,258.06 made up of the loan amount plus interest (£36,438.06), an Application fee of £250, a Valuation fee of £260 and a Funds Transfer fee of £35.

The overall cost for comparison is 2.6% APRC representative^

RIO Guide
To found out more about Retirement Interest Only Mortgages, read our helpful guide HERE

Find out More or Apply

Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday
9.00am to 4.00pm on Saturday

How Much Can I Borrow?
View our General Mortgage Criteria
Retirement Interest Only
no LPA/CPA
MDS204 2.84% 50% No £250 2.9% APRC No

Things you need to know

Fees
Non-refundable Application Fee: £250

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
No

Loan Size
Minimum Loan £10,000
Maximum Loan £750,000

Maximum Loan to Value (LTV)
House Purchase 50%
Remortgage 50%

Property Location
Available for properties located in England, Wales and Scotland (Selected Scottish Islands accepted, please refer to criteria)

Early Repayment Charges
There are no early repayment charges.

Representative Example
A mortgage of £56,275 payable over 25 years on a discounted variable rate of 2.84% for 25 years would require 300 monthly payments of £133.18. The total amount payable would be £96,775.25 made up of the loan amount plus interest (£39,955.25), an Application fee of £250, a Valuation fee of £260 and a Funds Transfer fee of £35.

The overall cost for comparison is 2.9% APRC representative^

RIO Guide
To found out more about Retirement Interest Only Mortgages, read our helpful guide HERE

Find out More or Apply

Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday
9.00am to 4.00pm on Saturday

How Much Can I Borrow?
View our General Mortgage Criteria
Retirement Interest Only
no LPA/CPA
MDS206 3.09% 65% No £250 3.1% APRC No

Things you need to know

Fees
Non-refundable Application Fee: £250

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
No

Loan Size
Minimum Loan £10,000
Maximum Loan £750,000

Maximum Loan to Value (LTV)
House Purchase 65%
Remortgage 65%

Property Location
Available for properties located in England, Wales and Scotland (Selected Scottish Islands accepted, please refer to criteria)

Early Repayment Charges
There are no early repayment charges

Representative Example
A mortgage of £56,275 payable over 25 years on a discounted variable rate of 3.09% for 25 years would require 300 monthly payments of £144.91. The total amount payable would be £100,292.44 made up of the loan amount plus interest (£43,472.44), an Application fee of £250, a Valuation fee of £260 and a Funds Transfer fee of £35.

The overall cost for comparison is 3.1% APRC representative^

RIO Guide
To found out more about Retirement Interest Only Mortgages, read our helpful guide HERE

Find out More or Apply

Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday
9.00am to 4.00pm on Saturday

How Much Can I Borrow?
View our General Mortgage Criteria

Self Build Mortgages

Mortgage Product Product Code Initial Pay Rate Loan to Value Incentives Fees Overall Cost For Comparison Early Repayment Charges More Info
Variable Discount for 2 Years (Arrears) (For Part-Built) MDS239 3.25% 60% No £1,498 4.6% APRC No

Things you need to know

Fees
Non-refundable Application Fee: £299
Product fee: £1,199 (can be added to loan subject to maximum loan to value limits or paid by debit card prior to completion)

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
No

Loan Size
Minimum Loan £30,000
Maximum Loan £500,000

Maximum Loan to Value (LTV)
House Purchase 60% (Land / Construction or Renovation End Valuation)
Remortgage 60% (Land / Construction or Renovation End Valuation)

Overpayments
There are no restrictions on overpayments.

Property Location
Available for loans on properties in England, Wales and Scotland (Scottish Islands by referral only)

Early Repayment Charges
There are no early repayment charges.

Product Specific Criteria
The property should be at a minimum of wall plate level for self-build for full structural overhaul including roofing and damp proof course in respect of a renovation.
Covered by an acceptable warranty provider (retrospective warranty is not acceptable – see self-build lending guide for details).
Certified by the warranty provider and sign off certificates for each stage should be submitted with the application.
Funds will be released in stages.

Representative Example
A  mortgage of £206,000 payable over 25 years initially on a discounted variable rate of 3.25% for 2 years and then on our Standard Variable Rate (SVR) of 4.79% (variable) for the remaining 23 years would require 24 monthly payments of £1,003.87 and 276 monthly payments of £1,166,78. The total amount payable would be £348,093.13 made up of the loan amount plus interest (£140,125.13), an Application fee of £299, a Product fee of £1,199, a Funds transfer fee of £35
a Valuation Fee of £310 and a Mortgage Exit Fee of £125.
The overall cost for comparison is 4.6% APRC representative^

Find out More or Apply
Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday
9.00am to 4.00pm on Saturday

How Much Can I Borrow?
Monthly Payment Calculator
View our General Mortgage Criteria
Variable Discount for 2 Years (Arrears) MDS237 3.84% 60% No £999 4.7% APRC Yes

Things you need to know

Fees
Non-refundable Application Fee: £299
Product fee: £700 (can be added to loan subject to maximum loan to value limits or paid by debit card prior to completion)

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
No

Loan Size
Minimum Loan £30,000
Maximum Loan £1,000,000 (Loans above £500,000 will be considered on an individual basis)

Maximum Loan to Value (LTV)
House Purchase 60% (Land / Construction or Renovation End Valuation)
Remortgage 60% (Land / Construction or Renovation End Valuation)

Overpayments
Overpayments of up to 10% of the mortgage balance are permitted each Society year during the first 2 years and may be made by monthly standing order. Any additional overpayments above 10% during this period will attract a penalty calculated on the amount of the additional payments.

Property Location
Available for loans on properties in England, Wales and Scotland (Selected Scottish Islands accepted, please refer to criteria)

Early Repayment Charges
If this mortgage is repaid in full during the first 2 years an early repayment charge will apply. This will be 2% of the balance repaid during this period.

Example – The maximum early repayment charge you could pay is £4,120 based on £206,000.

Representative Example
A mortgage of £206,000 payable over 25 years on a discounted variable rate of 3.84% which represents a discount of 0.95%, for 2 years and then on our Standard Variable Rate 4.79% (variable) for the remaining 23 years would require 24 monthly payments of £1,069.23 and 276 monthly payments of £1,171.45. The total amount payable would be £350,377.17 made up of the loan amount plus interest (£142,878.17), an application fee of £299, a product fee of £700, a funds transfer fee of £35, a valuation fee of £340 and a mortgage exit fee of £125.

The overall cost for comparison is 4.7% APRC representative^

Find out More or Apply

Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday
9.00am to 4.00pm on Saturday

How Much Can I Borrow?
Monthly Payment Calculator
View our General Mortgage Criteria
2 Year Variable Discount (Arrears) (For Second Home) MDS240 3.99% 60% No £998 4.7% APRC Yes

Things you need to know

Fees
Non-refundable Application Fee: £299
Product fee: £699 (can be added to loan subject to maximum loan to value limits or paid by debit card prior to completion)

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
No

Loan Size
Minimum Loan £30,000
Maximum Loan £500,000

Maximum Loan to Value (LTV)
House Purchase 60% (Land / Construction or Renovation End Valuation)
Remortgage 60% (Land / Construction or Renovation End Valuation)

Overpayments
Overpayments of up to 10% of the mortgage balance are permitted each Society year during the first 2 years and may be made by monthly standing order. Any additional overpayments above 10% during this period will attract a penalty calculated on the amount of the additional payments.

Property Location
Available for loans on properties in England, Wales and Scotland (Selected Scottish Islands accepted, please refer to criteria)

Early Repayment Charges
If this mortgage is repaid in full during the first 2 years an early repayment charge will apply. This will be 2% of the balance repaid during this period.

Example – The maximum early repayment charge you could pay is £4,120 based on £206,000.

Representative Example
A mortgage of £206,000 payable over 25 years on a variable discount of 3.99% for 2 years and then on our Standard Variable Rate 4.79% (variable) for the remaining 23 years would require 24 monthly payments of £1,086.21 and 276 monthly payments of £1,172.98. The total amount payable would be £351,279.55 made up of the loan amount plus interest (£143,811.55), an non-refundable application fee of £299, a product fee of £699, a funds transfer fee of £35, a valuation fee of £310 and a mortgage exit fee of £125.

The overall cost for comparison is 4.7% APRC representative^

Find out More or Apply

Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday
9.00am to 4.00pm on Saturday

How Much Can I Borrow?
Monthly Payment Calculator
View our General Mortgage Criteria
2 Year Variable Discount (Arrears) MDS238 4.24% 80% No £899 4.8% APRC Yes

Things you need to know

Fees
Non-refundable Application Fee: £250
Product fee: £649 (can be added to loan subject to maximum loan to value limits or paid by debit card prior to completion)

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives
No

Loan Size
Minimum Loan £30,000
Maximum Loan £1,000,000 (loans over £500,000 will be considered on an individual basis)

Maximum Loan to Value (LTV)
House Purchase 80% (Land / Construction or Renovation End Valuation)
Remortgage 80% (Land / Construction or Renovation End Valuation)

Overpayments
Overpayments of up to 10% of the mortgage balance are permitted each Society year during the first 2 years and may be made by monthly standing order. Any additional overpayments above 10% during this period will attract a penalty calculated on the amount of the additional payments.

Property Location
Available for loans on properties in England, Wales and Scotland (Selected Scottish Islands accepted, please refer to criteria)

Early Repayment Charges
If this mortgage is repaid in full during the first 2 years an early repayment charge will apply. This will be 2% of the balance repaid during this period.

Example – The maximum early repayment charge you could pay is £4,000 based on £200,000.

Representative Example
A mortgage of £200,000 payable over 25 years initially on a discounted variable rate of 4.24% for 2 years and then on our Standard Variable Rate 4.79% (variable) for the remaining 23 years would require 24 monthly payments of £1,082.36 and 276 monthly payments of £1,140.75. The total amount payable would be £342,193.02 made up of the loan amount plus interest (£140,824.02), an non-refundable application fee of £250, a product fee of £649, a funds transfer fee of £35, a valuation fee of £310 and a mortgage exit fee of £125.

The overall cost for comparison is 4.8% APRC representative^

Find out More or Apply

Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

Lines are Open

9.00am to 5.00pm Monday, Tuesday, Wednesday & Friday
9.00am to 7.00pm on Thursday
9.00am to 4.00pm on Saturday

How Much Can I Borrow?
Monthly Payment Calculator
View our General Mortgage Criteria

Near Prime Mortgage Deals

Mortgage Product Product Code Initial Pay Rate Loan to Value Incentives Fees Overall Cost For Comparison Early Repayment Charges More Info
Variable Discount for Term (Shared Ownership) MDS104 3.59% 70% Yes None 3.6% APRC Yes

Things you need to know

Minimum Interest Rate
The interest rate on this product will not drop below 2.00%

Incentives

The following incentives are offered with this product;

  • Valuation

One free standard valuation – Terms & Conditions Apply

Loan Size
Minimum Loan £30,000
Maximum Loan £500,000

Maximum Loan to Value (LTV)
House Purchase 70%
Remortgage 70%

Overpayments
Overpayments of up to 10% of the mortgage balance are permitted each Society year during the first 2 years and may be made by monthly standing order. Any additional overpayments above 10% during this period will attract a penalty calculated on the amount of the additional payments.

Higher Lending Charges
Not applicable

Property Location
Only available for loans on properties located in England & Wales

Early Redemption Charge
If this mortgage is repaid in full during the first 2 years an early repayment charge will apply. This will be 2% of the balance repaid during this period. Example – The maximum early repayment charge you could pay is £1,105 based on £55,250.

Representative example
A mortgage of £55,250 payable over 25 years on a discounted variable rate of 3.59% would require 300 monthly payments of £297.27. The total amount payable would be £83,940.55 made up of the loan amount plus interest (£28,530.55), a funds transfer fee of £35 and a Mortgage Exit Fee of £125.00

The overall cost for comparison is 3.6% APRC representative

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Call us on 01782 255000 selecting option 2 Direct Mortgages then option 1 New mortgage enquiries

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