Bank Base Rate Tracker + 0.74% for Term
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.
Bank Base Rate Tracker + 0.74% for Term
Initial Pay Rate
5.74%
Loan to Value
80%
APRC
5.7%
Fees
No
Information
Early Repayment Charge: No
Incentives: Yes
Things you need to know
Capital & Interest.
No application fee or arrangement fee.
The interest rate on this product will not drop below 2.00%.
Free Valuation.
£250 contribution to Remortgage Legals when re-mortgaging using the Society’s nominated Solicitor.
Minimum Loan: £30,000
Maximum Loan: £750,000 at 80% LTV, £1,000,000 at 70% LTV, £1,500,000 at 65% LTV, £2,000,000 at 50% LTV (Loans over £500,000 will be considered on an individual basis)
Purchase 80%.
Remortgage 80%.
There are no restrictions in overpayments which can be made by monthly standing order.
In the event of a change in the Bank of England base rate. The interest rate will reflect the change from the 1st day of the following month.
Available for properties located in England, Wales, and Scotland (Islands by referral).
This product is available for new mortgage customers only.
No Early Repayment Charges apply.
A mortgage of £236,284.00 payable over 25 years on a Bank of England Base Rate Tracker plus 0.74% would require 300 monthly payments of £1,488.44. The total amount payable would be £446,693.25 made up of the loan amount plus interest (£209,709.25), a funds transfer fee of £35.00 and a mortgage exit fee of £125.00.
The overall cost for comparison is 5.7% APRC representative.
Call us on 01782 255000.
Lines are Open 9.00am to 5.00pm Monday to Friday.
Mortgage Enquiry
Call us on 01782 255000 or complete the form below and a member of our team will be in touch