5.75% Initial Pay Rate for 2 years which represents Bank of England base rate plus 1%

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.

5.75% Initial Pay Rate for 2 years which represents Bank of England base rate plus 1%

Initial Pay Rate

5.75%

Loan to Value

95%

APRC

8.2%

Fees

None

Product Code

MBRT104

Information

Early Repayment Charge: No

Incentives: Yes

Things you need to know

Repayment Basis

Capital & Interest

Fees

No Application or Arrangement Fees

Minimum Interest Rate

The interest rate on this product will not drop below 3.00%.

Incentives

Free Valuation
£250 Cashback on completion (Paid 7 days after completion of the mortgage into the borrowers bank account of where the monthly direct debit will be taken from).

Loan Size

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

Maximum Loan to Value

Purchase 95%
Remortgage 95%

Property Location

Available for properties located in England, Wales & mainland Scotland (Islands by referral).

Availability

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

Early Repayment Charges

There is no early repayment charge.

Overpayments

There is no limit on overpayments.

Representative Example

A mortgage of £227,709.00 payable over 25 years initially on a discounted variable rate of 5.59% for 2 years and then on our Standard Variable Rate (SVR) of 8.49% (variable) for the remaining 23 years would require 24 monthly payments of £1,410.60 and 276 monthly payments of £1,806.43. The total amount payable would be £532,587.66 made up of the loan
amount plus interest (£304,718.66), a Funds transfer fee of £35.00 and a Mortgage Exit Fee of £125. The overall cost for comparison is 8.1% APRC representative^

Find out More or Apply

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

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