2.70% Variable Discount for 5 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.
2.70% Variable Discount for 5 years
Initial Pay Rate
5.79%
Loan to Value
60%
APRC
7.6%
Fees
None
Information
Early Repayment Charge: No
Incentives: Yes
Things you need to know
Capital & Interest
Interest Only (Applicants must meet the Society's Interest Only Criteria)
No Arrangement or application fee
The interest rate on this product will not drop below 2.00%.
Free Valuation
Minimum Loan: £30,000
Maximum Loan: £1,500,000 at 60% LTV, £2,000,000 at 50% LTV (Loans over £500,000 will be considered on an individual basis)
Purchase 60%
Available for properties located in England, Wales & mainland Scotland (Islands by referral).
This product is available for new mortgage customers only
No Early Repayment Charges apply
A mortgage of £207,487.00 payable over 25 years initially on a discounted variable rate of 5.79% for 5 years and then on our Standard Variable Rate (SVR) of 8.49% (variable) for the remaining 20 years would require 60 monthly payments of £1,310.33 and 240 monthly payments of £1,613.23.The total amount payable would be £465,955.22 made up of the loan amount plus interest (£258,308.22), a Funds transfer fee of £35 and a Mortgage Exit Fee of £125. The overall cost for comparison is 7.6% APRC representative^
Call us on 01782 255000.
Lines are Open 9.00am to 5.00pm Monday to Friday.
Overpayments are permitted and may be made by monthly standing order
Mortgage Enquiry
Call us on 01782 255000 or complete the form below and a member of our team will be in touch
