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

5.39% Fixed Rate Mortgage until 30 November 2028 - £2,000 Cashback

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.

5.39% Fixed Rate Mortgage until 30 November 2028 - £2,000 Cashback

Initial Pay Rate

5.39%

Loan to Value

95%

APRC

7.5%

Fees

No

Product Code

MFD585

Information

Early Replayment Charge: Yes

Incentives: Yes

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Unlock the door to your first home with our £2,000 Cashback Mortgage! Plus a chance to win an extra £10,000!

Only Available on properties in ST postcode. Competition Terms and Conditions apply.

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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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% (following the fixed rate period).

Incentives

Free Valuation.

£2,000 Cashback on completion of the mortgage (Paid 7 days after the completion of the mortgage).

Loan Size

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

Maximum Loan to Value

Purchase 95%.

Overpayments

Overpayments of up to 10% of the mortgage balance are permitted each anniversary year until 30 November 2028 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

The purchase property must be within the ST postcode region.

Availability

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

Applicants must not have previously owned a property.

Early Repayment Charges

If this mortgage is repaid in full or in part before 30 November 2028, 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 £2,715.52 based on £135,776.08.

Representative Example

A mortgage of £135,776.08 payable over 25 years initially on a Fixed Rate of 5.39% until 30 November 2028 and then on our Standard Variable Rate (SVR) of 8.49% (variable) for the remaining 243 months would require 57 monthly payments of £824.89 and 243 monthly payments of £1,051.64.

The total amount payable would be £302,728.00 made up of the loan amount plus interest (£166,791.92), a funds transfer fee of £35.00 and a mortgage exit fee of £125.00

The overall cost for comparison is 7.5% 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.

Competitions Terms and Conditions

Please see the below PDF for our competition terms and conditions

Competition Terms and Conditions

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