Unlock the door to your first home with our £2,000 Cashback Mortgage plus a chance to WIN £10,000! T&C's apply

Unlock the door to your first home with our £2,000 Cashback Mortgage plus a chance to WIN £10,000! T&C's apply

Unlock the door to your first home with our £2,000 Cashback Mortgage plus a chance to WIN £10,000! T&C's apply

2.60% Variable Discount for Term - Ex-Pat BTL (Non-Regulated & Consumer)

Mortgage Calculator

This shows what you'll pay each month during your initial deal period. It doesn't consider any charges or fees if you decide to make any changes to your mortgage. Please note this is only an estimate.

2.60% Variable Discount for Term - Ex-Pat BTL (Non-Regulated & Consumer)

Initial Pay Rate

5.89%

Loan to Value

80%

APRC

5.9%

Fees

£999

Product Code

MDS275

Information

Early Replayment Charge: Yes

Incentives: Yes

Things you need to know

Repayment Basis

Interest Only (Applicants must meet the Society's Interest Only Criteria).

Fees

£299 Non-Refundable Application Fee
£700 Arrangement fee (Deducted from loan amount on completion)

Minimum Interest Rate

The interest rate on this product will not drop below 2.00% (following the fixed rate period).


Incentives

Free Valuation.

Loan Size

Minimum Loan: £30,000 Maximum Loan: £500,000.

Maximum Loan to Value

Purchase 80% (Non-Regulated Only).

Remortgage 80%.

Overpayments

Overpayments of up to 10% of the mortgage balance are permitted each anniversary year for 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 properties located in England and Wales.

Availability

This product is available for new mortgage customers only.

Early Repayment Charges

If this mortgage is repaid in full or in part before 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 £2,486.68 based on £124,334.00.

Representative Example

A mortgage of £124,334.00 payable over 25 years on a discounted rate of 5.89% would require 300 interest only monthly payments of £610.27. The total amount payable would be £308,574.82 made up of the loan amount plus interest (£183,081.82), a funds transfer fee of £35.00, a £299 non-refundable application fee, an arrangement fee of £700.00 and a mortgage exit fee of £125.00.


The overall cost for comparison is 5.9% APRC representative.

Find out More or Apply

Call us on 01782 255000.

Lines are Open 9.00am to 5.00pm Monday to Friday, Saturday 9.00am to 12.00pm.

Mortgage Enquiry

Call us on 01782 255000 or complete the form below and a member of our team will be in touch