5.57% Fixed Rate Mortgage for 1 year

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.

5.57% Fixed Rate Mortgage for 1 year

Initial Pay Rate

5.57%

Loan to Value

90%

APRC

8.3%

Fees

None

Product Code

MFD603

Information

Early Repayment Charge: No

Incentives: Yes

Things you need to know

Repayment Basis

Capital & Interest

Fees

No application fee or arrangement fee

Minimum Interest Rate

The interest rate on this product will not drop below 2.00%.

Incentives

Free Valuation
£250 cashback will be paid to your solicitors on completion of the mortgage.

Loan Size

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

Maximum Loan to Value

Purchase 90%

Remortgage 90%

Property Location

Available for properties located in England, Wales & mainland Scotland (Islands by referral).

Availability

New Business - All of our savings and mortgage products are only available to UK residents

Early Repayment Charges

No Early Repayment Charges Apply.

Overpayments

Overpayments may be made by monthly standing order.

Representative Example

A mortgage of £197,090.00 payable over 25 years initially on a Fixed Rate of 5.57% for 1 year and then on our Standard Variable Rate (SVR) of 8.49% (variable) for the remaining 288 months would require 12 monthly payments of £1,218.56 and 288 monthly payments of £1,574.68. The total amount payable would be £468,290.43 made up of the
loan amount plus interest (£271,040.43), a funds transfer fee of £35.00 and a mortgage exit fee of £125.00.


The overall cost for comparison is 8.3% APRC representative^

Find out More or Apply

Call us on 01782 255000.

Lines are Open 9.00am to 5.00pm Monday to Friday, Saturdays 9am 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

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