Our 2 Year Discount Rate Mortgage is available up to 80% LTV so will require a deposit of at least 20% from you.
The minimum loan value allowed on this mortgage is £20,000 and the maximum loan size permitted is £425,000.
This mortgage is only available on Interest Only up to 60% or Repayment to 80%.
Mortgage rates correct as of 01/10/2018
Discount until Mar 2021 2.24 %
Followed by our SVR (currently) 6.20 %
Overall cost for comparison 5.50 % APRC
2.24% (discount of 3.96%)
You can take your discount rate with you if you move house
|Early repayment charge:||
3% to 31.03.19
Yes, up to 5% of the original loan per 12 month period
|Basic valuation fee:||
Free up to property value £500,000 thereafter charges apply
Fee assisted remortgage legals
House purchase and remortgage in England & Wales up to a loan to value of 80% and a minimum initial advance of £20,000
|Higher Lending Charge:||
We can arrange buildings insurance to protect your home and its contents
This product may be withdrawn at any time without prior notice
|What happens on maturity:||
Our team will write to you 12 weeks prior to your mortgage maturity to explain the options open to you
Our mortgage team is on hand to give you more details about our products, walk you through the application and carry out a Agreement in Principle (AIP) over the phone.
Call Member Services:
Your home may be repossessed if you do not keep up repayments on your mortgage