5.75% Fixed Rate Mortgage for 2 Years

Capital & Interest.

No application fee or arrangement fee.

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

One Free Valuation.

£250 Cashback on completion (Paid to your solicitors on completion of the mortgage).

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

Purchase 95%.

Overpayments of up to 10% of the mortgage balance are permitted each anniversary 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.

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

Applicants must not have previously owned a property.

If this mortgage is repaid in full or in part 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 £4,554.18 based on £227,709.00.

A mortgage of £227,709.00 payable over 25 years initially on a Fixed Rate of 5.75% for 2 Years and then on our Standard Variable Rate (SVR) of 8.49% (variable) for the remaining 276 months would require 24 monthly payments of £1,432.53 and 276 monthly payments of £1,808.08. The total amount payable would be £533,569.70 made up of the loan amount plus interest (£305,700.70), a funds transfer fee of £35.00 and a mortgage exit fee of £125.00. The overall cost for comparison is 8.1% APRC representative^

Call us on 01782 255000

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