5.20% Fixed Rate Mortgage for 5 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).

Free Valuation.

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

Purchase 95% of Share.
Remortgage 95% of Share.

Overpayments of up to 10% of the mortgage balance are permitted each anniversary year for 5 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.

Available for properties located in England and Wales.

This product is available for new mortgage customers only.

If this mortgage is repaid in full or in part within the first 5 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 £2,081.06 based on £104,053.00.

A mortgage of £104,053.00 payable over 25 years initially on a Fixed Rate of 5.20% for 5 years and then on our Standard Variable Rate (SVR) of 8.49% (variable) for the remaining 240 months would require 60 monthly payments of £620.47 and 240 monthly payments of £801.82. The total amount payable would be £229,825.25 made up of the loan amount plus interest (£125,612.25), 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^.

Call us on 01782 255000.

Lines are Open 9.00am to 5.00pm Monday to Friday.