THE MORTGAGE WILL BE SECURED ON YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Here you will find a summary of our current owner occupier products available for Purchase.
Product details should be read in conjunction with our 'Getting a Mortgage: what you need to know' guide and our
lending criteria. If you would like to find out how much you may be able to borrow, try our mortgage affordability calculator.
Please call us on 03330 140140 to arrange an appointment if you be in a position to apply or require advice, alternatively our customer representative may be able to answer any queries you might have.
Alternatively if you would like us to contact you at a time of your choice please complete the call back request form.
Go to Fixed Rate Mortgages
Go to Discounted Rate Mortgages
FIXED RATE
Product
name |
Initial
interest
rate |
Followed
by our
MMR^ currently |
The overall
cost for comparison
is |
Minimum
interest
rate payable |
Early
repayment charges |
Fees |
Maximum LTV# |
Further details |
| Capital and Interest Repayment |
2 year fixed
rate until
31/03/2023
|
2.49% |
4.39% |
4.1% APRC |
No |
Yes |
Yes |
60% |
Click here |
2 year fixed
rate until
31/03/2023 |
2.74% |
4.39% |
4.2% APRC |
No |
Yes |
Yes |
75% |
Click here |
3 year fixed
rate until
31/03/2024
|
2.69% |
4.39% |
3.9% APRC |
No |
Yes |
Yes |
60% |
Click here |
3 year fixed
rate until
31/03/2024 |
2.94% |
4.39% |
4.1% APRC |
No |
Yes |
Yes |
75% |
Click here |
5 year fixed
rate until 31/03/2026
|
2.99% |
4.39% |
3.9% APRC |
No |
Yes |
Yes |
60% |
Click here |
5 year fixed
rate until 31/03/2026 |
3.24% |
4.39% |
4.0% APRC |
No
|
Yes |
Yes |
75% |
Click here |
The above mortgages must be completed by 01/04/2021.
Representative example:
A mortgage of £158,000.00 payable over 20 years initially on a fixed rate for 2 years at 2.74% and then on our variable Managed Mortgage Rate, currently 4.39% for the remaining 18 years, would require 29 monthly payments of £855.84 and 211 monthly payments of £974.48, plus one initial interest payment of £367.50. The total amount payable would be £232,076.14 made up of the loan amount plus interest of £72,802.14, an Application Fee of £175, a Product Fee of £999 and a Mortgage Exit Fee of £100.
The overall cost for comparison is 4.2% APRC representative.
DISCOUNTED VARIABLE RATE
Product
name |
Initial
interest
rate |
Followed
by our
MMR^ currently |
The overall
cost for comparison
is |
Minimum
interest
rate payable |
Early
repayment charges |
Fees |
Maximum LTV# |
Futher details |
| Interest-Only |
3 year 1.45%
discount |
2.94% |
4.39% |
4.1% APRC |
2.84% |
Yes |
Yes |
60% |
Click here |
3 year 1.20%
discount
|
3.19% |
4.39% |
4.2% APRC
|
3.09% |
Yes |
Yes |
75% |
Click here |
Representative example:
A mortgage of £215,840.00 payable over 10 years on a discounted variable rate for 3 years at 1.20% below our variable Managed Mortgage Rate and then on our variable Managed Mortgage Rate, currently 4.39%, would require 35 monthly payments of £573.77 and 85 monthly payments of £789.36, plus one initial interest payment of £584.76. The total amount payable would be £304,876.31 made up of the loan amount plus interest of £87,762.31, an Application Fee of £175, a Product Fee of £999 and a Mortgage Exit Fee of £100.
The overall cost for comparison is 4.2% APRC representative.
FOOTNOTES
^ MMR stands for our variable Managed Mortgage Rate.
# LTV stands for Loan to Value.
Do you need our help?
Please call us on 03330 140140 to arrange an appointment should you be in a position to apply or require advice, alternatively our customer representative may be able to answer any queries you might have.
Alternatively if you would like us to contact you at a time of your choice please complete the call back request form.
|
THE MORTGAGE WILL BE SECURED ON YOUR HOME
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
All of these mortgage products have limited funds and may be withdrawn at any time. Our mortgages are available to applicants aged 18 and over for properties in England or Wales.
