Notices
(XD0217) 6.69% Expat 1.75% Discounted Rate from follow on rate for 2 years
Key things to bear in mind
- Purpose - Expat for product switch
- Discount - 1.75% applied to our Managed Mortgage Rate for 2 years
- Minimum rate - 4.19%
- Loan to Value - Maximum 60%
- Application Fee - £0
- Valuation Fees - £0
- Product Fee - £0
- Early Repayment Charges - 2% in the first year, 1% in the second year
- Maximum loan - No maximum
- Minimum loan - No minimum
- Cost for comparison - 8.5% APRC
- Additional criteria - We require a UK address for the serving of notice
Representative example
A mortgage of £240,021.00 payable over 17 years initially on a discounted variable rate for 2 years at 1.75% below our variable Managed Mortgage Rate and then on our variable Managed Mortgage Rate, currently 8.44% would require 23 monthly payments of £1,338.12 and 181 monthly payments of £1,686.79 plus one initial interest payment of £1,323.64.
The total amount payable would be £577,530.39 made up of the loan amount plus interest of £337,409.39 and a Mortgage Exit Fee of £100.
The overall cost for comparison is 8.5% APRC representative.
More downloads & what you'll need to apply
Identification
N/A
Bank statements
N/A
Proof of income
N/A
Other items
N/A
Case study - Helping the retired back into home ownership
When their landlady told them she wanted to sell the house, David and his wife decided to get back on the property ladder
Over 125 years of helping people move in
For a long time we've been trusted to lend to a wide variety of people with a more small scale, personal approach as shown in our awards.
Contact our expert UK team
Existing customers
Savings - 03330 140144
savings.service@familybsoc.co.uk
Mortgages - 03330 140146
mortgage.service@familybsoc.co.uk
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Ashley Square, Epsom, Surrey, KT18 5DD.
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