PRODUCT CODE - FSADV12

This is a 4.99% 2 year fixed rate mortgage. The overall mortgage must not exceed 90% LTV.

This mortgage is only available for Further Advances.

The minimum loan amount is £5,000 and the maximum loan amount is £100,000.

The maximum term available is 40 years.

This product has a floor rate.

There may be other fees and charges when taking out a mortgage with us – please see mortgage fees and charges for more information

Representative Example

A mortgage of £200,000 payable over 25 years initially on a fixed rate for 2 years at 4.99% and then on our Mortgage Variable Rate (MVR) of 8.09% for the remaining 23 years would require 24 monthly payments of £831.77 and then 276 monthly payments of £1,348.50.

The total amount payable would be £592,294.00 made up of the loan amount plus interest (£592,174.00), a CHAPS fee of £25.00 and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 7.8% APRC representative.

Please note the example above is for a house purchase on an Interest Only repayment basis.