Bank of England Base Rate Tracker + 0.45% Residential Mortgage for 2 years
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 of England Base Rate Tracker + 0.45% Residential Mortgage for 2 years
Initial Pay Rate
5.7%
Loan to Value
90%
APRC
8.0%
Fees
None
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 Free Legals when remortgaging using the Society's nominated Solicitor
Minimum Loan: £30,000 Maximum Loan: £500,000
Purchase 90%
Remortgage 90%
Available for properties located in England, Wales & mainland Scotland (Islands by referral).
New Business - All of our savings and mortgage products are only available to UK residents
No Early Repayment Charges Apply.
Overpayments may be made by monthly standing order.
A mortgage of £197,090.00 payable over 25 years initially on a Bank of England Base Rate Tracker plus 0.45% 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 £1,233.96 and 276 monthly payments of £1,564.51. The total amount payable would be £461,579.27 made up of the loan amount plus interest (£264,329.27), a funds transfer fee of £35.00 and a mortgage exit fee of £125.00.
The overall cost for comparison is 8.0% APRC representative^
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
