Borrow up to 90% of the value of the property.
|Mortgage name||2 Year Fixed Rate|
|Max loan to value||90%|
|Variable rate thereafter, currently||4.95%|
|The overall cost for comparison is||4.7% APRC|
|Arrangement fee||£499 for existing mortgage customers|
£999 for new mortgage customers
|Option to add legal fees to mortgage||Yes|
You’ll normally instruct a solicitor to act on your behalf in connection with your transaction. You may be required to pay legal fees and costs as part of their work on your behalf. These fees/costs are normally charged by the solicitor directly to you, unless we tell you that we’ll contribute to the legal costs as part of your product deal.
Typically you will not need to pay legal fees if:
The valuation report is used to calculate how much we’ll lend you. This is separate from any valuation or survey of the property you might want to instruct for your own purposes.
There are other homebuyers, home report or structural survey options available if you want to commission these.
Typically you will not have to pay a valuation fee if:
*Please note that if you are changing the terms of the original mortgage e.g. borrowing an additional amount, changing the duration of the mortgage or changing repayment terms, a valuation will be required and a fee will be payable where applicable.
At the end of the fixed rate period, additional payments or increased monthly payments may be made without charge.
|Early repayment charge||An early repayment charge applies during the fixed rate period
3% in year 1
2% in year 2
|Eligibility||Applicants must be aged 18 or over. All loans are subject to status. Security will be required.|
Your home may be repossessed if you do not keep up repayments on your mortgage
During the initial period, your estimated monthly repayments would be: £ until
Thereafter, the rate would revert to our variable rate, currently 4.95%, which equates to a monthly payment of £
The overall cost for comparison is:
Our mortgage calculator gives you an indication of monthly mortgage repayments. If you'd like to discuss your individual circumstances or obtain a personalised illustration, please contact us.Make an enquiry
You can switch to this mortgage online if:
Please note to switch online you will need your mortgage account number. You can find this on your mortgage statement or other mortgage related letters.
I confirm I have read the above information and I am happy that I can continue.Click to confirm
Or if you would like to speak to one of our mortgage advisors, you can give us a call on 0800 111 4355 (we're open 8am - 8pm Monday to Friday, 9am - 5pm Saturday and 10am - 4pm Sunday) or:Arrange a callback